Why Choose Sandy Duffy and Yvonne Miner?
Experience and Diversity
Because
we have sold homes across the greater Princeton, Hopewell and West Windsor area
for many years and KNOW the market, we can help buyers find just the right home
in any town and in any price range. AND we have the skills to eliminate
potential problems or nip them in the bud. Our experience and professional
expertise can save you both TIME and MONEY!
Knowledge of the Area
Factual data
on public school districts, information on local activities, and color fact
sheets of homes are all part of the relocation packet that we send to
prospective clients. Whether you're looking for a special school for your child
or an outlet for your creative talents, we can help you find the answer. Just
tell us what else would be useful to you and we will research it for
you.
For Sellers
Contact us! We'd love
to show you how listing with us will give you maximum exposure!
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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.
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| Q |
What is the only land in the world that has not been walked on by human feet?
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| A |
A small 200 square-mile section of Antarctica is the only terrain on Earth that not one person has stepped foot on.
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 See More Real Estate Trivia > |
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- NUMBER1EXPERTS™ 
