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purchase. But that two year period for decision gives you another option. During that time, you can also opt for the once-in-a lifetime $125,000 exemption of taxes on your profit if you were age 55 or older at the time of the sale. Every time there is a tax change coming out of congress, the tax advantages of homeowning always seem to get better and better. No wonder it’s such an excellent investment.
If there is anything we can do to help you in the field of real estate, please phone or drop in at EILEEN M. DAY, REALTOR, The Gopton House, Washington, Va. 22747. Phone: 67S-3400. We're here to help.
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