Londonderry New Hampshire real estate listings, home buying, selling and relocation information

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For Sellers: Londonderry New Hampshire home buying, real estate listings, and homes for sale in Rockingham County, NH

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Tax Considerations >Capital Gains Exemptions

Home sellers are always interested in their tax deduction options. If you recently sold a home without meeting the basic ownership and use criteria for waiving capital gains tax, you might still be able to claim reduced exemptions if you meet certain other criteria.

Homeowners who had to sell because of a change in place of employment can qualify for reduced tax. You must prove that the job change occurred while you owned and used the home as your primary residence, and that your new job is located at least 50 miles farther from your residence than your previous place of employment.

A reduced exclusion from capital gains tax may also be granted for health reasons. If your motivation for selling your house was to obtain diagnosis, treatment or cure for a disease or injury to you or a family member, you can apply for an exclusion. Unforeseen circumstances such as death, unemployment, divorce or natural disasters may also reduce your capital gains tax. Consult a tax professional for advice about your unique circumstance.

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Chip Sutton and Kim Wells, REALTORŽ, real estate agent and broker for Londonderry New Hampshire home listings, property and land for sale - NUMBER1EXPERT(tm)

Chip Sutton/Kim Wells
Prudential Verani Real Estate
One Verani Way
Londonderry, NH. 03053
Phone: 603-845-2130/603-845-2234
Toll Free: 800-392-2377 Ext.2130
Cell Phone: 603-785-9461/603-494-4409
Fax: 603-434-6189
Email: chipsutton@NUMBER1EXPERT.com
Email: chip.sutton@verani.com
Email: kim.wells@verani.com
Chip Sutton and Kim Wells of Prudential Verani Realty are your Southern, NH Real Estate specialists. Chip and Kim are ready to help you with any of your Real Estate buying or selling needs. Chip lives in Londonderry, NH and works in all the surrounding towns and is licensed in MA as well. He has his CRS(Certified Residential Specialist) designation and is a member of Prudentials President's Circle and Chairman's Circle. He also holds the SRES (Senior Real Estate Specialist) designation as well as the CNHS(Certified New Homes Specialist) designation. He is one of the top producing agents in Prudential Verani Realty with 10 offices and over 250 full time agents. Kim lives in the Concord area and helps Buyers effectively throughout Central and Southern NH. She has served as Chip's assistant for 2 years and is now a partner in the team. Kim was the "Acheiver of the Year" in 2007 and received Prudential's "Honor Society" award. Call Chip or Kim today with your Real Estate questions.Call 603-845-2130 or 603-845-2234.

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