Welcome > Sitemap > Resources ...

Real Estate Resources:

• Special Offers - Special offers for Nevada City, Grass Valley and Penn Valley homeowners from The De Sena Group.

• Affiliates - The De Sena Group's real estate web site affiliates.

• eNewsletter - The De Sena Group'sNevada City, Grass Valley and Penn Valley newsletter email will send you the latest real estate information.

• Today's Real Estate News - Daily real estate news for this neighborhood, California, and United States.

• Market Conditions Report - Market conditions report for this area, California, and United States.

• Mortgage Calculator - Quickly calculate how much your monthly and total payments will be with this calculator provided by Homes.com.

• TripleCalc - FREE Software Download: TripleCalc lets you compare three loans at one time for your property or other California real estate.

• Top National Real Estate Web Sites - Real Estate Web Sites that include some unique sources of realty information, listings, and more.

• Ask Anything - Ask The De Sena Group anything real estate.

• NUMBER1EXPERTS™ - List of all the NUMBER1EXPERT™ real estate agents and realty professionals and brokers in the USA and Canada with links to their personal web sites with homes for sale.

• Real Estate Tips - The De Sena Group's realty library of real estate tips and advice on everything from preparing your home for sale to negotiating with home buyers to escrow, closing costs, property inspections, and mortgage brokers.

• Real Estate Trivia - The De Sena Group's collection of real estate trivia questions and answers that include real estate topics such as the most expensive home, largest swimming pool, and more.

• Real Estate Dictionary - Complete real estate dictionary and glossary of realty words you'll use when you list and sell your Nevada City, Grass Valley and Penn Valley property in California, including legal terms definitions, and more.

• Go to Main Sitemap - Main sitemap sections include Find Nevada City, Grass Valley and Penn Valley Homes, For Home Buyers, For Home Sellers, Nevada City, Grass Valley and Penn Valley Information, Real Estate Resources, and About The De Sena Group.

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 > Your Privacy Is Guaranteed > 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 holds the title as the tallest reinforced concrete building in the U.S.? A  311 South Wacker Drive in Chicago was completed in 1990 and is 65 stories high. See More Real Estate Trivia >

The De Sena Group ERA Cornerstone Realty 101 Boulder Street Nevada City, CA 95959 530-265-3369 Fax: 530-265-8554 StephenDeSena@NUMBER1EXPERT.com www.StephenDeSena.com is brought to you by The De Sena Group NUMBER1EXPERT™ in real estate for Nevada City, Grass Valley and Penn Valley, California Read The De Sena Group's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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