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All agents are NOT alike! Find out why the Professionals at Paragon Property Group are top real estate experts. Call us: 866-693-7741.
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We really appreciate all you did for us, Sue. You are the BEST agentwe've ever used. We wish you well.Sharon and Larry
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For Home Buyers:
Why Buyers Choose Paragon Property Group - Why homebuyers looking for a real estate agent in the Austin, Lake Travis, Horseshoe Bay, Marble Falls and Lake LBJ area choose Paragon Property Group. Latest Listings - Get Paragon Property Group's latest Austin, Lake Travis, Horseshoe Bay, Marble Falls and Lake LBJ listings of homes for sale first! Find Your Perfect Home - Paragon Property Group will search for your ideal home and email you the newest Austin, Lake Travis, Horseshoe Bay, Marble Falls and Lake LBJ MLS listings of properties in County TX. First Time Homebuyers - Are you a first time homebuyer in Austin, Lake Travis, Horseshoe Bay, Marble Falls and Lake LBJ, TX? Choose a top real estate agent. Paragon Property Group can guide your home buying search. Mortgage Prequalification - Pre-qualify for a mortgage or loan for your Austin, Lake Travis, Horseshoe Bay, Marble Falls and Lake LBJ house or other real estate or property. Go to Main Sitemap - Main sitemap sections include Find Austin, Lake Travis, Horseshoe Bay, Marble Falls and Lake LBJ Homes, For Home Buyers, For Home Sellers, Austin, Lake Travis, Horseshoe Bay, Marble Falls and Lake LBJ Information, Real Estate Resources, and About Paragon Property Group. 
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Tax Considerations >Your Tax Free Profits
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.
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| Q |
What city boasts eight of the world's ten biggest hotels?
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| A |
Las Vegas has eight of the largest resort hotels; the latest and most extravagant is the $2.7 billion, 2,716-room Wynn Las Vegas. |
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Sue Ellett
Coldwell Banker United, Realtors
Marble Falls, TX 78654
Lakeway, Texas, 78734
Cell: 512-422-7182
Main: 866-693-7741
Fax: 214-445-0764
sueellett@NUMBER1EXPERT.com
As a Real Estate Broker, being a true partner to my clients in achieving a common goal ~ whether than is Buying or Selling Property, is of the utmost importance. All of the agents on the Paragon Property Group Team share this goal and a commitment to treat all parties fairly, honestly & with the greatest respect.
We are here to help, to be your trusted resource for the Austin/Highland Lakes areas in the Central Texas Hill Country, and to achieve your goals with the best possible results, and in the least amount of time. We look forward to working with you!     
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