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All agents are NOT alike! Find out why we are top real estate experts. Call us: 817-781-9464.

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Griffith Roofing
Roof Repair and replacement. Call Mark Griffith 817-800-4802
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The following links are from other real estate and real estate related web sites, which we have agreed to exchange links with... 

Lenders 

Residential Home Lending
Jeff Bass
469-831-5620
http://www.homebuyerscout.com  

Title Companies 

First Land Title
6200 Colleyville Blvd.
Colleyville, TX 76034
817-302-1077
http://www.firstam.com/  

Hexter Fair
601 E. Southlake Blvd. Suite 500
Southlake, TX 76092
817-481-7710
http://www.hexter-fair.com/  

Insurance 

Lance Brown Allstate
817-485-9901
http://www.lancebrown.com/  

Home Inspector 

Tim Miller
ProTech Home Inspections
817-366-8901 


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School Reports in Colleyville and Southlake, Texas
"A model of how the Internet can facilitate the process of deciding where to send your children to school"
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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 
Upon completion this year, what will be the tallest residential building south of New York and east of Chicago?

A 
Located in Biscayne Bay, Florida, the $120 million, 51-floor luxury condominium will be called The Santa Maria.
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The Croney Team, REALTOR®, real estate agent and broker for Colleyville and Southlake Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Croney Team
RE/MAX Masters

425 East Southlake Blvd.
Southlake, TX. 76092
Nancy Croney: 817-781-9464
Jocelyn Croney-Sandruck: 817-781-9463
Linda Eilenfeldt: 817-909-1092
Keith Croney: 817-781-9465
Fax: 817-488-4768
Email: Nancy@CroneyTeam.com

The Croney Team is a family team and together have over 35 years of real estate experience. We've been voted "Best Realtors in Dallas" by D Magazine and we'd like the opportunity to show you why. Our goal is to provide our clients with knowledge and care that exceeds their expectations. Call us today about our services.

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