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Welcome to Keith and Nancy Poss's Columbus, Dublin, Powell and Worthington Real Estate Website
Welcome to Keith and Nancy Poss's Columbus, Dublin, Powell and Worthington Real Estate Website

Welcome! Here You Can Find Great Information on Clintonville, Columbus, Delaware, Dublin, Gahanna, Hilliard, Lewis Center, New Albany, Powell, Upper Arlington, Westerville, Worthington, Ohio Real Estate 

Looking for homes? Search everything the web has to offer, right here! Don't miss our Feature Homes. 

Need local real estate information? We've summarized much of what is important about the Powell, Dublin, Worthington and Columbus real estate market in this site. 

Need expert advice? No web site, large or small, can take the place of a real estate agent. Not even ours! This site is filled with ways that you can contact us for one-on-one expert help and advice. That's our job. 

Contact us with confidence! We guarantee your privacy will be respected. And we offer the services on this site for free and without obligation. Why? We want to be YOUR real estate agents. As your trusted, professional real estate partners, we will help you find the best home in your area within your price range. And together we will sell your home, for as much as the market will bear, and as quickly as possible. 

Buying and selling a home is one of the biggest events in your life. we have the experience and track record you are looking for. 

- Keith and Nancy Poss
(614) 431-0414
 

 




School Reports in Columbus, Dublin, Powell and Worthington, Ohio
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Real Estate Tips
Tax Considerations >Tax Implications of Selling Your House

Most of my clients profit from selling their homes, and they often have questions about capital gains tax. When you sell your primary residence, you are not taxed on your profit if (1) you have lived in the home for two out of the last five years and (2) your gain does not exceed $250,000 as a single taxpayer or $500,000 as a married couple filing jointly. Gains above these limits are taxed at the current rate of 15% for higher income taxpayers and 5% for lower income taxpayers. In 2008 the 15% rate will continue for higher income taxpayers; while the 5% lower income rate will drop to 0% for the 2008 tax year only. On January 1, 2009, the long-term capital gains tax rates will once again be 15% and 5% through 2010. Homeowners can use this tax-free provision every two years. As set forth in the American Job Creation Act of 2004, properties converted from a 1031 exchange property into a primary residence must be held and used as a primary residence for at least five years to qualify for the tax exemption. Consult your tax accountant for more detailed information regarding your particular circumstance.

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Real Estate Trivia
Q 
What was considered the world's tallest building one hundred years ago?

A 
The Eiffel Tower in Paris, France, completed in 1889 and standing 984 feet tall, is still considered one of the world's greatest structures.
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Keith and Nancy Poss, REALTORŪ, real estate agent and broker for Columbus, Dublin, Powell and Worthington, Ohio home listings, property and land for sale

Keith and Nancy Poss
Keller Williams Capital Partners Realty

100 E. Wilson Bridge Rd.
Worthington, OH 43085
614-431-0414
Fax: 614-896-2538
possteam@bestimageagent.com

Over 100 Years of Real Estate Experience!


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