Lake Conroe real estate TX, Conroe real estate and Montgomery real estate, home listings and homes for sale in Texas, waterfront properties and golf course properties - Karen Monshaugen, REALTOR® Karen Monshaugen REALTOR(r) for Lake Conroe, Conroe and Montgomery, Texas real estate - NUMBER1EXPERT™ Karen Monshaugen NUMBER1EXPERT(tm) for Lake Conroe, Conroe and Montgomery, Texas real estate, waterfront properties and golf course properties
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Karen Monshaugen, REALTORŪ, real estate agent and broker for Lake Conroe, Conroe and Montgomery Texas home listings, property and land for sale - NUMBER1EXPERT(tm)
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Bentwater
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Bentwater Yacht Club
Bentwater Yacht Club

Bentwater is, well, unique in this or any area! It offers so much to you and your family - from 4 championship golf courses, stunning waterfronts, to the Club and Marina - Bentwater has it all! Give me a call and let's find your perfect Bentwater home! 


 

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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 area was designed to look like a 1940s southeastern town with traditional architecture?

A 
Disney's "Celebration" in Orlando, FL, will eventually have 8,000 houses and many commercial tourist attractions.
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Karen Monshaugen, REALTORŪ, real estate agent and broker for Lake Conroe, Conroe and Montgomery Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Karen Monshaugen, Broker Associate
Keller Williams Realty

2200 N. FM 3083 West
Conroe, TX. 77304
Office Phone: 936-525-3223
Office Direct: 936-788-3220
Fax: 936-441-8001
Email: Karen@LakeConroeFineLiving.com

I love Lake Conroe! I want to earn your business and referrals through exceptional customer service. My goal is to make your buying or selling process easier and I NEVER forget your needs. Relax and expect to be impressed.

CRSEqual HousingGRIMLSREALTOR


Keller Williams Realty

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