Maui Real Estate - Maui Homes for Sale in Hawaii - Upcountry and Haiku - Fred Haywood, REALTOR for Maui Real Estate, Maui HI Fred Haywood REALTOR(r) for Maui - Upcountry, Hawaii real estate - NUMBER1EXPERT™ Fred Haywood NUMBER1EXPERT(tm) for Maui - Upcountry, Hawaii real estate
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Fred Haywood, REALTORŪ, real estate agent and broker for Maui - Upcountry Hawaii home listings, property and land for sale - NUMBER1EXPERT(tm)








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Real Estate Tips
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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Real Estate Trivia
Q 
What tropical haven is back in vogue, attracting celebrities like Cher, Madonna, and Sylvester Stallone, who have homes here?

A 
Made up of 17 islands in Biscayne Bay, Miami Beach is the "American Riviera" and famous for its tropical beauty.
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Fred Haywood, REALTORŪ, real estate agent and broker for Maui - Upcountry Hawaii home listings, property and land for sale - NUMBER1EXPERT(tm)

Fred Haywood
Fred Haywood Realty

215 Pulehu Nui Rd.
Kula, HI 96790
Main Phone: (808) 579-8848
Fax: (808) 579-6210
Cell: (808) 870-4904
Fred@FredHaywood.com

Love Life. Live Maui

Born and raised on Maui, Fred Haywood is committed to helping you buy or sell your Maui dream home in the highest professional manner, with total integrity and knowledge.

Fred Haywood's team has sold 150 million of real estate in the last 5 years. Fred has been selling Maui Real estate for over 30 years and is ready to help you with all your Maui real estate needs.

Just call Fred... he has been making it happen in real estate on Maui for over 30 years, and he can make it happen for you!

Equal Housing REALTOR


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