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All agents are NOT alike! Find out why I am a top real estate expert. Call me at my direct number: 973-290-7903.
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Moving your family to another town or state is a major event in your life! I have helped many families and individuals relocate!
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Marlene Really Shined
"We were particularly delighted with the efforts of our agent, Marlene Ginsberg, whom we viewed more as a partner than as a seller's agent."
Alfred & Evelyn Spinner - Orlando, FL - Aug. 2000
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Marlene Ginsberg is one of The
Top Selling Real Estate Experts™
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Let Me Personally Search for a Home that Matches Your Criteria, for Free and Without Obligation. As a top Parsippany, Randolph, Denville, Morristown and Morris Township REALTORŪ, I make it my business to be aware of every local home or property on the market. I even know of properties that will be available, but have yet to formally be placed on the market. I have direct access to the Parsippany, Randolph, Denville, Morristown and Morris Township area MLS (Multiple Listings Service), and also to every other agents in the area and all of their listings. If you give me some idea of what you are looking for, I will personally review all my sources of real estate listing information and send you everything within your price range that matches your criteria. I can save you a great deal of time! This is a totally free service, and there is no obligation. It's part of my job to offer services like this to homebuyers.  Tell me what you are looking for! It's my job to know every property in Parsippany, Randolph, Denville, Morristown and Morris Township, even ones not listed online. My personal search for you is FREE and without obligation. Please give me as many details as possible...
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First Time Buyers >Your Principal Residence
The Federal Tax Code allows married taxpayers to exclude from capital gains taxes up to $500,000 in profits from selling a home (singles can exclude $250,000). In order to qualify for this exemption, you must prove that that the home has been your principal residence for at least two out of the last five years. The establishment of the home as a principal residence depends on the facts of each homeowner's circumstance. Here are two cases to consider.
Homeowner A has lived at 25 Pine Drive for 12 years. Although he stays at his vacation cottage in another town for up to three months out of each year (sometimes more), 25 Pine Drive is his principal residence, where he lives most of the time. When he sells the home, Homeowner A (filing as a single individual) can keep up to $250,000 in tax-free profit.
Homeowner B buys 108 Maple Street, intending to live there. He rents it out while waiting to sell his current home, where he has lived for six years. His principal residence sells at the end of two years. Homeowner B moves into his new house, lives there for three months, and then decides to travel. After a six-month trip, he regrets buying 108 Maple Street and sells it. Even though he has owned the house on Maple Street for over two years, it won't qualify as "owner-occupied", because he only lived in it for a few months. Thus Homeowner B is not eligible to claim the tax exemption when he sells the house on Maple Street.
Consult your tax advisor for advice about your particular circumstance.
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| Q |
What is the mysterious American island whose private owners are intent on preserving the ways of early island life?
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| A |
The Robinson Family, owners of Niihau, Hawaii, have done everything in their power to preserve traditional ways. |
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- NUMBER1EXPERT™ 
