Ankeny, Des Moines and Altoona real estate and homes for sale in Iowa - Liz Wilson & Associates, REALTOR® REALTOR® Logo - NUMBER1EXPERT™ NUMBER1EXPERT™ Logo
Contact Information
Email Liz Wilson & Associates
Login
Go To Sitemap
Liz Wilson & Associates

Feature Properties

All agents are NOT alike! Find out why we are top real estate experts. Call us: 515.208.2721.

Special Offers
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 >

Testimonials
"Liz was and is VERY personable!"
“Liz was and is very personable. She treats perspective clients like people, not just a sale. Very pleased!
Read Quote >
View All Quotes >

TripleCalc
Compare three mortgages at one time. Download TripleCalc now. It's free.

Real Estate - Homes - NUMBER1EXPERTS Sell More!
Liz Wilson & Associates is one of The Top Selling Real Estate Experts™
Find Out More >


Latest Listings
Get the Latest Listings Before Anyone Else!
As soon as I list another home for sale, I'll email you. You'll know first.
Name:
Email:
Affiliates
Coming Soon
Find Out More >

Latest News
Get the Latest Real Estate News, Hot Off the Presses!
If you are buying or selling a home, you need my eNewsletter.
Name:
Email:
Ankeny, Des Moines and Altoona Information
Welcome > Local Info > Ankeny, Des Moines and Altoona Information ...

About the Ankeny, Des Moines and Altoona, Iowa Area 

 

Request our Free Ankeny, Des Moines and Altoona Relocation Package. It's packed full of useful and important information about the Ankeny, Des Moines and Altoona, Iowa area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out... 

It's our job to know EVERYTHING about Ankeny, Des Moines and Altoona! Ask us any question. Or request a FREE information package. There's no obligation, and we promise to get back to you quickly... 

About You
* Your Name:
* Your Email Address:
Your Street Address:
City:
State/Province:
Country:
Zip/Postal Code:
Phone:

About Your Move
When Are You Moving?
Where Are You Moving?

About Your Home Search
Your Price Range?
Number Of Bedrooms?
Number Of Bathrooms?
Home Size In Square Feet?

About Your Home
Your Preferred Selling Price?
Number Of Bedrooms?
Number Of Bathrooms?
Home Size In Square Feet?

Additional Info
Please Enter More Details,
Along With Any Comments,
Concerns, Or Questions:
Send Latest Listings: What is this?
Send Latest News: What is this?

*Please note that fields marked with an asterisk are required.


Email With Confidence
Quick Response Guarantee >
Your Privacy Is Guaranteed >
Free & Without Obligation >


Real Estate Tips
First Time Buyers >Your Principal Residence

The Federal Tax Code allows married taxpayers to exclude from capital gains taxes up to $500,000 in profits from selling a home (singles can exclude $250,000). In order to qualify for this exemption, you must prove that that the home has been your principal residence for at least two out of the last five years. The establishment of the home as a principal residence depends on the facts of each homeowner's circumstance. Here are two cases to consider.

Homeowner A has lived at 25 Pine Drive for 12 years. Although he stays at his vacation cottage in another town for up to three months out of each year (sometimes more), 25 Pine Drive is his principal residence, where he lives most of the time. When he sells the home, Homeowner A (filing as a single individual) can keep up to $250,000 in tax-free profit.

Homeowner B buys 108 Maple Street, intending to live there. He rents it out while waiting to sell his current home, where he has lived for six years. His principal residence sells at the end of two years. Homeowner B moves into his new house, lives there for three months, and then decides to travel. After a six-month trip, he regrets buying 108 Maple Street and sells it. Even though he has owned the house on Maple Street for over two years, it won't qualify as "owner-occupied", because he only lived in it for a few months. Thus Homeowner B is not eligible to claim the tax exemption when he sells the house on Maple Street.

Consult your tax advisor for advice about your particular circumstance.

See All Tips In The "First Time Buyers" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What island in the St. Lawrence River was given away on a television game show in 1964?

A 
Price is Right Island was given away by Bill Cullen on "The Price is Right."
See More Real Estate Trivia >


Print This Page Send To A Friend


Liz Wilson & Associates, REALTOR®, real estate agents and broker for Ankeny, Des Moines and Altoona, Iowa home listings, property and land for sale - NUMBER1EXPERT(tm)

Liz Wilson & Associates
Direct Realty Co. Inc.

213 N. Ankeny Blvd. Suite 120
Ankeny, IA 50023
515-208-2721
Fax: 515-963-1282
lizwilson@NUMBER1EXPERT.com
liz@directrealtyco.com

Consistantly striving for excellence through our marketing systems to obtain the best value in the shortest period of time for our customers!

CRS Equal Housing GRI REALTOR


www.CentralIowaHomesforSale.com is brought to you by Liz Wilson & Associates
NUMBER1EXPERT™ in real estate for Ankeny, Des Moines and Altoona, Iowa

Read Liz Wilson & Associates' Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge



USA and Canada Real Estate - NUMBER1EXPERT
NUMBER1EXPERT®
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.

www.CentralIowaHomesforSale.com is brought to you by Liz Wilson & Associates