Hidden Creek Realty

Information may not be reliable

Pocahontas County, Snowshoe and Greenbrier County real estate and homes for sale in West Virginia - The Rosemary Hofer Group, REALTOR® - NUMBER1EXPERT™

See the nation's top rated reports for Schools in Pocahontas County, Snowshoe and Greenbrier County >

Welcome! Here You Can Find Great Information on Pocahontas County, Snowshoe and Greenbrier County, West Virginia Real Estate
Looking for homes? Search everything the web has to offer, right here! Don't miss our Feature Homes.
Need local real estate information? We've summarized much of what is important about the Pocahontas County, Snowshoe and Greenbrier County real estate market in this site.
Need expert advice? No web site, large or small, can take the place of a top real estate agent. Not even ours! This site is filled with ways that you can contact us for one-on-one expert help and advice. That's our job.
Contact us with confidence! We guarantee your privacy will be respected. And we offer the services on this site for free and without obligation. Why? We want to be your real estate agents. As your trusted, professional real estate partners, we 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 top Pocahontas County, Snowshoe and Greenbrier County real estate agents, we have the experience and track record you are looking for. Please let us help.
- The Rosemary Hofer Group

Significant tax reform legislation was signed into law with the Taxpayer Relief Act of 1997. This legislation replaced both the one-time $125,000 tax-free exclusion for homeowners aged 55 and older, and the "rollover" deferment of capital gains tax requiring the purchase of a replacement home of higher or equal cost within two years of the sale of your principal residence.

With this change, a married couple filing their taxes jointly pays capital gains taxes only on that portion of home sales profits that exceeds $500,000. Single taxpayers, heads of households, and married persons filing separately may exclude up to $250,000. The exclusion is available for all sales of homes that occurred on or after May 6, 1997. Homeowners can use this tax-free provision every two years.

You are allowed to keep these tax-free profits only if you have owned and used the home as your principal residence for two out of the five years prior to the sale of the property. Although the regulations do not require continuous occupancy, the IRS specifies that your principal residence must be the home you use for the majority of time during the year. Consult your tax advisor about your personal circumstance.

What mortgage transactions between borrowers and lending institutions operate in the private sector of the economy?

Conventional mortgages are private sector transactions that are not insured or guaranteed by the government.

Email: rhofer@NUMBER1EXPERT.com
Rosemary Hofer is associated with Hidden Creek Realty. Prior to moving to West Virginia she lived in Virginia where she worked for a RE/MAX company. She was the #1 RE/MAX agent in Virginia and received the RE/MAX Hall of Fame award in 1999. Her clients range from first time buyers looking for $60,000 condominiums to well-established executives shopping for million dollar estates. Every client receives the attention to detail that is necessary for a smooth transaction. Rosemary's goal is to exceed all of her clients expectations to such an extent that they will make her their Real Estate Consultant For Life! Call or email her today!

www.rosemaryhofer.com is brought to you by The Rosemary Hofer Group
NUMBER1EXPERT™ in real estate for Pocahontas County, Snowshoe and Greenbrier County, West Virginia
Read The Rosemary Hofer Group's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge