|  | | | Amy Peters, Amy Lynn, Lynn Hape, John Willnow, Nan Willnow, Nancy Dunn, Amy Herington (pictured left to right) | |
Meet The Willnow Group, Prudential Georgia Realty  The Willnow Group, Prudential Georgia Realty has a tradition of excellence. With over 50 years of agent experience, Nan and her team pride themselves on being experts in bringing homebuyers and sellers together. A knowledgeable team that works well together and provides continuous commitment to clients is the secret behind Nan's continued success as Prudential Atlanta Realty's #1 Agent since 1996. Nan has also been one of the Atlanta Board of Realtor's Top 10 agents, and Prudential Realty's Top 100 agents in North America since 1996 as well. Nan's credentials include achievement of her GRI (Graduate Real Estate Institute), CRS (Certified Residential Specialist) and ABR (Accredited Buyers Representative). Nan believes it is essential to frequently communicate with all her clients, and that honesty is always the best policy. She states: "I have always been called a straight shooter. I say what I do, and I do what I say. How else can you be in this business if you can't be totally honest and truthful with your clients? I do not know of any other way!" Nan takes her career very seriously, because to her and her team, real estate is serious business. She points out: "We are responsible for selling people's homes, and they are counting on us. Our goal is to make the process of buying or selling a home as stress free for our clients as possible!" Please Sign Up For The Latest Listings and the Latest Real Estate News
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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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| Q |
What is considered one of the slimmest buildings ever designed?
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| A |
The Carnegie Hall Tower, designed by Cesar Pelli, is only 50 feet wide and 60 stories high. |
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