Main Sitemap
Welcome > Main Sitemap ...

• Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from Andra, a proven Kenner, Metairie and Lakeview, Louisiana NUMBER1EXPERT™ Top Selling real estate agent.

• Find Kenner, Metairie and Lakeview Homes - Find Kenner, Metairie and Lakeview, Louisiana real estate listings & homes for sale provided by Andra, your local expert real estate agent.

• For Home Buyers - Get home buying information, the latest listings, mortgage informaiton, expert advice, and much more from Andra, a proven Kenner, Metairie and Lakeview, Louisiana NUMBER1EXPERT™ Top Selling real estate agent.

• For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from Andra, a proven Kenner, Metairie and Lakeview, Louisiana NUMBER1EXPERT™ Top Selling real estate agent.

• Kenner, Metairie and Lakeview Information - Find local information on Kenner, Metairie and Lakeview, Louisiana including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by Andra, a proven NUMBER1EXPERT™ Top Selling real estate agent.

• Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from Andra, a proven Kenner, Metairie and Lakeview, Louisiana NUMBER1EXPERT™ Top Selling real estate agent.

• About Andra - Information about Andra including testimonials, guarantees, credentials, and contact information. Learn why Andra is a proven Kenner, Metairie and Lakeview, Louisiana NUMBER1EXPERT™ Top Selling real estate agent.

Please Sign Up For The Latest Listings and the Latest Real Estate News

*Your Name:
*Your Email Address:
Send Latest Listings:
Send Latest News:
Your Message or Comments:

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

Quick Response Guarantee > I Guarantee Your Privacy > Free & Without Obligation >

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 >

Q  What is the least affordable metropolitan housing market in the United States? A  California's Los Angeles-Long Beach-Glendale is currently rated as the most expensive metro area in the nation. See More Real Estate Trivia >