Home sellers are always interested in their tax deduction options. If you recently sold a home without meeting the basic ownership and use criteria for waiving capital gains tax, you might still be able to claim reduced exemptions if you meet certain other criteria.

Homeowners who had to sell because of a change in place of employment can qualify for reduced tax. You must prove that the job change occurred while you owned and used the home as your primary residence, and that your new job is located at least 50 miles farther from your residence than your previous place of employment.

A reduced exclusion from capital gains tax may also be granted for health reasons. If your motivation for selling your house was to obtain diagnosis, treatment or cure for a disease or injury to you or a family member, you can apply for an exclusion. Unforeseen circumstances such as death, unemployment, divorce or natural disasters may also reduce your capital gains tax. Consult a tax professional for advice about your unique circumstance.

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Phil Brower, Realtor, Sherry Brower, RE asst
Realteam Real Estate Center
296 W Sunset Ave.
Coeur d'Alene, ID. 83815
Direct Line to Phil: 208-660-0072
Fax: 208-667-0292
Sherry's cell : 208-661-0191
Email: phil@lakecityteam.com
Email: sherry@lakecityteam.com

Phil has been a resident of the Inland Northwest for his whole life. He has lived in Hayden Lake, Spokane & Spokane Valley. He has had a boat on Lake Coeur d'Alene, the Spokane River and Priest Lake. If you are wanting to buy here, Phil is ONLY ONE CALL OR E-MAIL AWAY FROM HELPING YOU FIND THE RIGHT PROPERTY!! WHETHER IT'S A SMALL COTTAGE, A BRAND NEW HOME, A LUXURY WATERFRONT ESTATE, 5 ACRES OF RAW LAND, OR A DUPLEX, he is constantly previewing all newly listed properties. When he helps you to own a home (at no extra charge to you) he will give you his full attention starting with, LISTENING to your NEEDS & DESIRES, e-mailing you lots of PROPERTY PHOTOS to review privately, recommending experienced lenders with the BEST LOANS, suggesting favorite ACCOMODATIONS for your visit, showing you YOUR CHOICE of properties, negotiating for your BEST INTERESTS, recommending INSPECTORS who have a critical eye, TITLE Companies to expedite the paperwork, & recommending CONTRACTORS to make the property your own. Lake City Team specializes in helping you make your next move the best you've ever had!! Representing a dedication to his profession, Phil is a candidate of the Certified Residential Specialist designation. Phil would love to talk to you about your real estate needs and get you started toward owning property in North Idaho, so call him today! Are you wanting a to sell a property here?? Use Phil's excellent skills in pricing the property. SHERRY was a Realtor for 20 years, and sold over 500 homes. She is now Phil's assistant. Sherry loves to help market homes and uses the latest technology to make the best impression of the home. Unique flyers that show off your homes best features will bring many more buyers to view it. A personal web site of your home will introduce buyers near and far about your home, magazine advertising will alert readers to go to your home's web site. This is only one part of selling your home. Feedback on every possible showing will give you valuable information. Financial ramifications of an offer will give you details you need to know. Follow thru after an accepted offer will assure that you sell your house with the least hassle. Call Phil to get started selling your home today. You'll be glad you did.

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