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Real Estate
Eileen M. Day REALTOR
ROLLOVERS ARE NICE Your home not only provides shelter and living comforts, It is, most likely, your single best investment It can also be your best moneymaking, tax strategy vehicle.
When you sell your home, the profit on the original purchase price is tax-free - as long as you buy another home of equal or greater value within two years of the sale, You don't have to Invest the funds you receive from the sale of your home Into Uve new one. The only thing that matters is the purchase price of the new home. Uncle Sam doesn't care so long as you have bought another home within two years. It's called the , 'Rollover Replacement Rule.' Many owners like yourself have found that their build-up equity can be made to work for them In moving up to a larger, nicer home without paying any taxes on the profits from the older one.
Let me show you how I can make your equity work for you In todays market'.
If there is anything we can do to help you In the field of real estate, please stop In at EILEEN M. DAY, Realtor, the Clopton House, Washington, Va., 22747. Phone 675-3033. We re here to help.
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