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Real Estate Tips

Self Employed >Moving And Taxes

Even with the changes in tax laws over recent years, you may be able to deduct some of the expenses of a move that is the result of a change in your job.

You will probably be able to deduct the costs of your move if your new work location means more than an additional 50-mile commute, if you move within a year of taking the job at the new location, and if you work full-time for at least 39 weeks (the total is 78 weeks if you are self-employed). You should keep meticulous records of all of your expenses and consult a tax expert to make sure that you take all the lawful tax deductions allowed by the IRS criteria for expenses related to selling your old home or buying your new one. The IRS publication No. 521 entitled "Tax Information on Moving Expenses" makes good reading before you make a move.

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Real Estate Trivia

Q 
What three things are necessary in order to purchase a home?

A 
Some cash, a dependable income and good credit. If you fall short, don't despair--homeownership may still be possible.
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Pam and Barry's Team, REALTOR®, real estate agent and broker for Lawton, Elgin and Cache, Oklahoma home listings, property and land for sale - NUMBER1EXPERT

Pam & Barry's Team
RE/MAX Professional Realtors

3908 NW Elm Ave.
Lawton, OK. 73505
Office: 580-248-8800
Toll Free: 800-294-8118
Cell: 580-591-2900
Fax: 580-248-8818
Email: pammarion-homes@NUMBER1EXPERT.com
homes@homes-lawton.com

As two of America's NUMBER1EXPERTS™ in the Lawton / Ft. Sill area, Pam and Barry and their team are well equipped to guide you through all your real estate needs. Honesty, integrity, loyalty and professionalism are what makes them the TOP RANKED agents and team in the state of Oklahoma and the midwest United States. Pam and Barry are both members of the RE/MAX Platinum Club and Hall of Fame members, and also are members of Who's Who Among American Business professionals. Pam and Barry have more training and experience than the average real estate agent, and don’t cost a penny more. In fact, their expertise may actually save you time and money when you're buying a home, and maximize your profit when you are selling one. Call or email them today!

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