|
All agents are NOT alike! Find out why we are top real estate experts. Call us: 609-770-2668.
|
Buyers Want Your Home for as Little as Possible.
Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision.
Find Out More >
View All Offers >
|
"Due to your professionalism and relentless.."
" appreciated our many chats and your weekly status as well as your advice and your state of the art knowledge of the real estate business."
"Susan Ullmann"
Read Quote >
View All Quotes >
|
 Compare
three mortgages at one time. Download TripleCalc now. It's
free. |
The Ferzoco Group ReMax of Ocean City & Wildwoods
is one of The Top Selling Real Estate Experts™
Find Out More > |
|
|
|
Ocean City, Cape May County, The Wildwoods and Sea Isle City Information:
About Ocean City - Moving to Ocean City, New Jersey? Get info here... About Cape May County - Moving to Cape May County, New Jersey? Get info here... About The Wildwoods - Moving to The Wildwoods, New Jersey? Get info here... About Sea Isle City - Moving to Sea Isle City, New Jersey? Get info here... School Reports - Reports for Ocean City, Cape May County, The Wildwoods and Sea Isle City schools kindergarten, elementary, and high schools. Relocating? - Free real estate information & relocation package if you're relocating to Ocean City, Cape May County, The Wildwoods and Sea Isle City, in Atlantic, Cape May County NJ. Go to Main Sitemap - Main sitemap sections include Find Ocean City, Cape May County, The Wildwoods and Sea Isle City Homes, For Home Buyers, For Home Sellers, Ocean City, Cape May County, The Wildwoods and Sea Isle City Information, Real Estate Resources, and About The Ferzoco Group ReMax of Ocean City & Wildwoods. 
Please Sign Up For The Latest Listings and the Latest Real Estate News
Tax Considerations >Taxpayer Relief
Legislation included in the 1997 federal budget made significant changes that improve a homeowner's ability to profit from the sale of real estate.
The capital gains tax exclusions on the sale of a principal residence is just one of several benefits for homeowners. When you sell a home you have owned and use for two of the five years prior to the sale, married couples are allowed to keep up to $500,000 in tax-free profits and taxpayers filing as singles can keep up to $250,000 before paying capital gains tax.
Long-term capital gain is also taxed at lower rates as a result of the Jobs and Growth Tax Relief Reconciliation Act passed in 2003. The maximum capital gains tax rates dropped from 20% to 15% and from 10% to 5%, effective for sales and exchanges taking place on or after May 6, 2003 and through December 31, 2007. In 2008 the 15% rate continues for higher income taxpayers, while the 5% rate for lower income taxpayers drops to 0%, but only for the 2008 tax year. On January 1, 2009, the 10% and 20% rates will be reinstated.
Consult your tax advisor for advice regarding your particular circumstance.
|
| Q |
Who is "Fannie Mae" and why is she a big name in real estate?
|
| A |
"Fannie Mae" is the real estate industry nickname for FNMA, or Federal National Mortgage Association, the stockholder-owned corporation that purchases mortgages from mortgage lenders. |
 See More Real Estate Trivia > |
|
|
Chris and Joe Ferzoco
The Ferzoco Group RE/MAX of Ocean City &Wildwood
5501 Simpson Ave.
Ocean City, NJ 08226
609-770-2668
Fax: 609-398-4606
joeferzoco@NUMBER1EXPERT.com
The Ferzoco Group is committed to helping home buyers and sellers achieve their real estate goals. The process of buying or selling a home is one of significant importance and the Ferzoco Group prides itself on making sure your experience is an enjoyable one!   
www.TheFerzocoGroup.com is brought to you by
The Ferzoco Group ReMax of Ocean City & Wildwoods
NUMBER1EXPERT™ in real estate for
Ocean City, Cape May County, The Wildwoods and Sea Isle City, New Jersey, Beachfront Properties, Ocean View Condos Read The Ferzoco Group ReMax of Ocean City & Wildwoods
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
