Monthly Archives: August 2022

Over $8,800 MORE in their pocket!!! These sellers used Don Anthony Realty’s Discount Realtor program to sell a townhouse in Charlotte, NC and it’s now SOLD! Congratulations to our clients!

Over $8,800 MORE in their pocket!!! These sellers used Don Anthony Realty’s Discount Realtor program to sell a townhouse in Charlotte, NC and it’s now SOLD! Congratulations to our clients!

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Just Listed! Check out this Don Anthony Realty 3 bed, 2.5 bath house for sale in Rock Hill, SC in Gracewood!

Just Listed! Check out this Don Anthony Realty 3 bed, 2.5 bath house for sale in Rock Hill, SC in Gracewood!

Click the link below for pictures and property details…

https://1675KallaramoRoad.utour.me

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Just Listed! Check out this Don Anthony Realty 4 bed, 2.5 bath house for sale in Salisbury, NC in Braunville Estate!

Just Listed! Check out this Don Anthony Realty 4 bed, 2.5 bath house for sale in Salisbury, NC in Braunville Estate!

Click the link below for pictures and property details…

https://131PecanLane.utour.me

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Good Records Can Reduce Capital Gains

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Regardless of whether you’re entitled to $250,000 or $500,000 of exclusion when you sell your home, prices have gone up so much in the past two years, you may be approaching the limit where you might have to pay tax on the excess when you sell.

Any improvements you have made to the home during your ownership can be used to raise your basis in the home which will reduce your gain. It is worth the effort to start reconstructing the list, both big ticket items and lower priced items that qualify.

While repairs to your home do not count as improvements, other money which either materially adds value, appreciably prolongs the useful life of the property, or adapts a portion of the property to a new use will qualify. Hopefully, you have contracts and agreements on the major items and receipts on things over $75.

If you have photographs before and after the improvements were made, it can help serve as evidence that they were in fact made.

The best proof is to record the expenses and receipts as close to when they are made instead of having to dig through boxes and invariably, either not finding them or worse yet, forgetting what was done altogether.

Download more information on this from IRS Publication 523 and the Homeowners Tax Guide.

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Want to sell a house in Charlotte, NC with low commission like this Don Anthony Realty client? It’s now Under Contract!

Want to sell a house in Charlotte, NC with low commission like this Don Anthony Realty client? It’s now Under Contract!

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Just Listed! Check out this Don Anthony Realty 4 bed, 2.5 bath house for sale in Cornelius, NC in Victoria Bay!

Just Listed! Check out this Don Anthony Realty 4 bed, 2.5 bath house for sale in Cornelius, NC in Victoria Bay!

Click the link below for pictures and property details…

https://20127BeardStreet.utour.me

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Over $11,400 MORE in their pocket!! These sellers used Don Anthony Realty’s Discount Realtor program to sell a house in Concord, NC and it’s now SOLD! Congratulations to our clients!

Over $11,400 MORE in their pocket!! These sellers used Don Anthony Realty’s Discount Realtor program to sell a house in Concord, NC and it’s now SOLD! Congratulations to our clients!

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Just Listed! Check out this Don Anthony Realty 3 bed, 2 bath house for sale in Charlotte, NC in Southbridge Forest!

Just Listed! Check out this Don Anthony Realty 3 bed, 2 bath house for sale in Charlotte, NC in Southbridge Forest!

Click the link below for pictures and property details…

https://14728CaneFieldDrive.utour.me

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Just Listed! Check out this Don Anthony Realty 4 bed, 2.5 bath house for sale in Concord, NC in Pendleton!

Just Listed! Check out this Don Anthony Realty 4 bed, 2.5 bath house for sale in Concord, NC in Pendleton!

Click the link below for pictures and property details…

https://1190TangleRidgeDriveSE142.utour.me

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Just Listed! Check out this Don Anthony Realty 8 bed, 4 bath house for sale in Harrisburg, NC in Fenton Dell!

Just Listed! Check out this Don Anthony Realty 8 bed, 4 bath house for sale in Harrisburg, NC in Fenton Dell!

Click the link below for pictures and property details…

https://7836GrimsbyCircle.utour.me

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