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The Waldrons are focused & professional As a professional photographer, I have worked with Bob Waldron and highly recommend his services. Leslie Jay Bosch, Professional Photographer Read Quote > View All Quotes >
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Find Out About New Listings in Westchester, Playa del Rey, Playa Vista, and the surrounding communities as soon as they are available! I add my newest homes and other real estate listings to this web site first. By signing up to receive my latest listings, I'll send you an email notice -- as soon as my latest homes for sale go online. I can also notify you of Open Houses for each property. I'll keep you informed as soon as my new properties come on the market in Westchester, Playa del Rey, Playa Vista and surrounding communities! There's no obligation. Just fill out this form to get started... 
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Tax Considerations >Taxpayer Relief
Legislation included in the 1997 federal budget made significant changes that improve a homeowner's ability to profit from the sale of real estate.
The capital gains tax exclusions on the sale of a principal residence is just one of several benefits for homeowners. When you sell a home you have owned and use for two of the five years prior to the sale, married couples are allowed to keep up to $500,000 in tax-free profits and taxpayers filing as singles can keep up to $250,000 before paying capital gains tax.
Long-term capital gain is also taxed at lower rates as a result of the Jobs and Growth Tax Relief Reconciliation Act passed in 2003. The maximum capital gains tax rates dropped from 20% to 15% and from 10% to 5%, effective for sales and exchanges taking place on or after May 6, 2003 and through December 31, 2007. In 2008 the 15% rate continues for higher income taxpayers, while the 5% rate for lower income taxpayers drops to 0%, but only for the 2008 tax year. On January 1, 2009, the 10% and 20% rates will be reinstated.
Consult your tax advisor for advice regarding your particular circumstance.
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| Q |
What land did the U.S. Government buy for $7.2 million?
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| A |
In March 1867, the US bought all of Russian America (Alaska) from Russia. |
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