Houston, Clear Lake, NASA, and League City real estate and homes for sale in Texas - Sandra Head, REALTOR® Sandra Head REALTOR(r) for Houston, Clear Lake, NASA, and League City, Texas real estate - NUMBER1EXPERT™ Sandra Head NUMBER1EXPERT(tm) for Houston, Clear Lake, NASA, and League City, Texas real estate
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Sandra Head, REALTORŪ, real estate agent and broker for Houston, Clear Lake, NASA, and League City Texas home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! Find out why I am a top real estate expert. Call me at 1-713-253-9944.


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For Buyers: Houston, Clear Lake, NASA, and League City Texas home buying, real estate listings, and homes for sale in Harris County, TX
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Why Buyers Choose Me: Why homebuyers in the Houston, Clear Lake, NASA, and League City area choose Sandra Head as their Realtor
Latest Listings: Get Sandra Head's latest Houston, Clear Lake, NASA, and League City listings of homes for sale first!
Find Your Perfect Home: Sandra Head will search for your ideal home and email you the newest Houston, Clear Lake, NASA, and League City MLS listings of properties
First Time Homebuyers: Are you a first time homebuyer in Houston, Clear Lake, NASA, and League City, TX? As a top Realtor, Sandra Head can guide your home buying search
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Real Estate Tips
Tax Considerations >Tax Rewards for Homeowners

The Federal Tax Code has significantly improved the American taxpayer's ability to profit by selling a principal residence. Prior to 1997, homeowners could take advantage of a tax benefit termed the "rollover", which granted exemption from capital gains taxes on the net profit from the sale of a home. Homeowners who used profits to purchase a bigger and better home did not have to pay tax. And homeowners over the age of 55 were given a once-in-a-lifetime exclusion from taxes on profits of up to $125,000 on the sale of their principal residence.

Compare those tax breaks with our current, streamlined and potentially more profitable arrangement that replaced both the rollover and the one-time exemption. If you are a married home-seller filing jointly, you may enjoy up to $500,000 in tax-free home sale profits, provided you have occupied the property as your principal residence during two of the last five years. Taxpayers who file singly get a $250,000 capital gains exclusion. Homeowners are eligible to exclude capital gains on the sale of a principal residence as often as once every two years.

The law allows capital gain exclusions whether you "buy up" to a more expensive home or "buy down" to a less expensive one. The tax-free dollars can be used in any way you want. Consult your tax advisor for detailed advice about your particular circumstance.

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Real Estate Trivia
Q 
What site discovered in 1965 is considered the world's oldest known habitation?

A 
The Terra Amata site in Nice, France has the remains of 21 huts belonging to the Acheulian culture from 400,000 years ago.
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Sandra Head, REALTORŪ, real estate agent and broker for Houston, Clear Lake, NASA, and League City Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Sandra Head
RE/MAX Space Center

1150 Clearlake City Blvd. Suite 100
Houston, TX. 77062
Contact: 1-281-488-1212
Office: 1-281-204-1066
Cell: 1-713-253-9944
Email: sandrahead@NUMBER1EXPERT.com

With more than 30 years in Real Estate, Sandra Head has represented both Buyers and Sellers specializing in New/Resale Homes, Preferred Builders, and Master Planned Communities/Golf/Waterfront for the Houston, Clear Lake/NASA/Bay Area, League City and South Shore Harbour.

ABRCRSEqual HousingGRIMLSREALTOR


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