This Single-Family in Plymouth, MA recently sold for $290,000.
This is a Colonial style home and features 6 total rooms, 2 full baths, 1 half bath, 3 bedrooms, 0.69 acres, and was sold by
Julie Etter – Prudential Page Realty
A common question for sellers is if they will owe capital gains tax when they sell their home. The answer to that question: it depends. The capital gains tax law known as the Taxpayer Relief Act went into effect in 1997 but there is still a lot confusion over who pays what and why.
If you sell your home you will not have to pay capital gains tax if:
- You are selling your personal residence.
- You have $250,000 in profit or less if you are single and $500,000 if married.
- You have lived in your home for two of the last five years.
- The home is not an investment property.
The capital gains exclusion can be used as many times as you like as long as it meets all of the above criteria.
If you are going to make more than $250,000/$500,000 in profit you will be taxed at a 20% capital gains tax rate on the amount over the $250,000/$500,000 threshold.
There are exceptions to the rule. You may be eligible for a tax break if:
- You need to sell your home because a change in health.
- You need to sell your home because of a long distance relocation.
- You are in the armed services and moved to fulfill your service commitments.
Your individual tax situation may be different, so make sure to consult a qualified tax accountant or attorney.
Great opportunity to have a tenant pay your mortgage or obtain an investment property! Large and spacious units offer ample space, with possible 2nd floor unit expansion in the attic. Located across from the train, and near downtown, this property boasts tremendous “walkability.” Hardwood flooring, high ceilings and original moldings offer character and a great place to call home, all while the numbers make sense!
This property features 10 total rooms, 2 full baths, 6 bedrooms, 0.12 Acres, and is currently available for $169,900.
For complete details click here.
Do the rooms in your home make you feel depressed? Do you feel they need to be completely refurbished? Every home can be transformed with little touches, making it an abode that you always desires to be in. Here are some tips on how to spruce up your home.
- Maintain Simplicity: Some people have the habit of leaving furniture and items they have not used in ages in the home. This clogs the home, making it less desirable. Look around, can you find anything that you have not used in a while? If you have no use for one of your belongings, dispose of it, sell it, or simply give it away. Simplicity is fundamental to sprucing up your home.
- Painting: This is the first idea that comes to mind as it is the one improvement that if done right, would transform the look of your home completely. All you need to do is get the right colors. Light blue, cream and peach are great colors that inspire. A little touch here and there would transform the entire home.
- Replace The Furniture: The home can be given a complete face lift by the total replacement of the upholstery or furniture. Be careful when selecting new furniture or fabric as the colors need to match or blend with the walls and window blinds. If this is done correctly, the room will get a perfectly new and rich look.
- Flowers: Adding a few plants at strategic locations lights up the home in a manner that can seldom be explained. They add visual appeal, style and allure to the home. Some have an aroma that makes the environment smell pleasant. You can find a great variety of house plants not far from your home. Visit your local nursery, florist, or even the big box stores. Place the plants throughout your house, in the sitting room, veranda and even the bedrooms. Remember to water them regularly as they are most enjoyable when healthy and vibrant.
- Wash The Drapes: Depending on the size of the drapes, this could be tedious. However, you would be amazed by how a simple washing can restore brightness to the drapes and add freshness to the room. Whether you wash the drapes yourself or have them professionally cleaned, it will still be less expensive than purchasing new ones.
Finally, for your home to have the look you desire, you must get the arrangement right. Place furniture in a manner that inspires ones thinking. Do not just place things anywhere for the sake of placing them. There must be a function attached to the positioning of every item. Sprucing up and refreshing your home does not require a huge budget, simple changes can make your home feel more desirable at a minimal expense.
Wrentham Listing AlertsWrentham, MA - $549,900 - Single-Family - Colonial - Rooms:9 - Beds:3 - Baths:2/1Wrentham, MA - $520,000 - Single-Family - Ranch - Rooms:13 - Beds:3 - Baths:2/3Wrentham, MA - $399,900 - Single-Family - Colonial - Rooms:6 - Beds:3 - Baths:2Wrentham, MA - $500,000 - Single-Family - Cape, Contemporary - Rooms:8 - Beds:4 - Baths:3Wrentham, MA - $799,900 - Single-Family - Cape - Rooms:12 - Beds:4 - Baths:4
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