Welcome To California Horse Property! Your Equestrian Real Estate Connection. Here You Can Find Great Information on Horse Properties, Working Horse Ranches, Boarding Stables, Equestrian Communities, Homes and Land for sale in California from the East Bay to the Sierra Foothils ,Alameda, Amador, Contra Costa, El Dorado, Nevada, Placer, Sacramento, San Joaquin, and Yolo Counties.
If you are looking to buy or sell Horse Property...you have found your Realtor!
- Pam Murray  Looking for homes? Search everything the web has to offer, right here! Don't miss Pam's Feature Homes, Land, Equestrian Communities and Horse Properties. Need local real estate information? I've summarized much of what is important about the Danville, El Dorado Hills, Shingle Springs and Placerville, Pleasanton, Alameda, Contra Costa & El dorado and surrounding Counties real estate markets in this site. Need expert advice? No web site, large or small, can take the place of a top real estate agent. Not even mine! This site is filled with ways that you can contact me for one-on-one expert help and advice. That's my job! Contact me with confidence! I guarantee your privacy will be respected. And I offer the services on this site for free and without obligation. Why? I want to be YOUR real estate agent. As your trusted, professional real estate partner, I 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. As a top Danville,El Dorado Hills, Shingle Springs, Placerville, Pleasanton, Alameda and El Dorado County area real estate agent, I have the experience and track record you are looking for. Please let me help. ~ Pam Murray
Broker/Owner
Equus Real Estate Inc
Pleasanton office (925)362-3140
Placerville office (916)216-2654 |  | | | | |
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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 do 84% of homebuyers who use the Internet to search for homes have in common?
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| A |
They use a real estate agent to purchase their home.
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