The Housing and Economic Recovery Act of 2008 changed the tax rules around the sale of primary residences in a way that has not been widely discussed. Homeowners may no longer be able to claim a full $250,000 (or $500,000 for married filing jointly) capital gains exclusion for a primary residence despite living there for 2 of the past 5 years. The new rules, which went into effect at the beginning of 2009, still use
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The past few weeks have been busy. More multiple offer deals. So far this year I’ve sold 13 houses. Of those transactions, 9 of them have been multiple offer situations. In some cases I represented the sellers. In others, the buyers. The houses have been priced anywhere from the mid-$200Ks to the mid-$500Ks. Whenever I let my buyer clients know that another offer has been submitted on the property that they’re interested in, the first
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We’re entering into the perfect time to be working on your gardens and the perfect time to support a great organization! The Knox Parks Foundation will be hosting its annual plant sale next Friday and Saturday at 75 Laurel Street in Hartford. Stop by between 9:00am-6:00pm on Friday, May 29 or 9:00am-2:00pm on Saturday, May 30 to purchase annual, perennial, herb, and vegetable plants for your gardens. Knox Parks works in partnership with residents, businesses
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Today I saw the best yard ever. Large, level, fenced and sunny, it had everything I look for in a yard. There were flower gardens and vegetable gardens. The patio had covered and open areas – both large enough for a table and chairs. And of course there was an area for the grill. I want that yard. This sort of thing has happened to me before. One of the interesting aspects of working in
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Kyle and I live on a small piece of property. 0.16 acres to be exact (according to the City of Hartford). On the 0.16 acres we have our house, a small driveway, a shed, some gardens and shrubs, a weeping cherry tree, a medium-sized maple tree, and 4 very large maple trees. We’ve got a lot going on for our tiny plot. I must admit, we have a love/hate relationship with our 4 very large
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