Listing Details: Port Jefferson, Stony Brook, Miller Place and Long Island, New York Real Estate Listings & Homes For Sale Provided by Jolie Powell

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Current Selection:	All Prices	All Types	All Locations	New Selection	Sorted By: Default	New Sort
<Back to Page			Property 49 of 70 Selections

North Isle Co-Op

$165,000

Address: 228 Point Circle	City/ST: Coram, NY	Zip Code: 11727
Property Type: Co-op	New or Resale: Resale	Square Footage: 850
Bedrooms: 2	Bathrooms: 1	MLS# 2214479

Amenities: Game Room Club Indoor/Outdoor Pool

Last Updated: 8/20/2009 3:11:56 PM

Listing Agent and Office: Maria Palmar, Jolie Powell Realty, Inc.

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Port Jefferson Real Estate

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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 areas are known as the 'silk stocking' districts of this famous city?
A	In Central Park West, Fifth Avenue and Park Avenue in Manhattan, apartments go for $222,610 to $282,709 per room.
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Jolie Powell, REALTOR�, real estate agent and broker for Port Jefferson, Stony Brook, Miller Place and Long Island, New York home listings, property and land for sale - NUMBER1EXPERT

Jolie Powell
CIPS, E-PRO, SRES, CBR, TRC
Jolie Powell Realty
406 Main Street
Port Jefferson, NY 11777
Direct: : 631-774-2528
Fax: 631-774-2528
Office:: 631-473-0420
JoliePowell@NUMBER1EXPERT.com

Jolie Powell has been a distinguished leader in the Real Estate industry since 1987. Prior to entering the world of Real Estate, Jolie had a successful career in advertising in Manhattan, New York.

Always working to be at the top of her profession, Jolie has received her Certified International Property Specialist (CIPS) designation, Certified Buyer Representative (CBR) and Senior Real Estate Specialist (SRES) designations. Jolie also serves as Director of the Multiple Listing Service of Long Island and now elected as Zone Chairperson for the MLS.

Jolie�s expertise in counseling buyers and sellers brings people together from Long Island and, indeed, from all over the world. Having lived abroad and traveled extensively, Jolie has an excellent understanding of many cultures. As a Cuban-born American, Jolie is fluent in Spanish and communicates well with domestic and international clients, as well as professionals in other fields.

Jolie is proud of the high level of trust she and her clients have established and she looks forward to continue building exceptional client broker relationships.

Proudly selling homes and real estate in Port Jefferson, Stony Brook, Setauket, Miller Place, Smithtown, Mt. Sinai, Rocky Point, Port Jefferson Station. North Shore of Long Island.

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