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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 561-798-2224.
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Find Out About the Latest Homes for Sale First!
I add my newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS.
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Meet Jim Corbin A REALTOR® since 1971, Jim owned and managed Polo Plus Realty. He later sold out to Merrill Lynch Realty and continued to manage Merill Lynch and Prudential Florida Realty until joining Arvida Reality in 1990. When Arvida's operations in Wellington closed in 1993, he joined the Number One firm in Wellington, Illustrated Properties. Serving the West Palm Beach/Wellington/Palm Beach Polo areas since 1976, Jim has been honored as a lifetime "Million Dollar Club" member. He is respected by both clients and peers. Licenses and Certificates Certified Residential Specialist (CRS)
Certified Real Estate Brokerage Manager (CRB)
Graduate of The Realtors Institute (GRI)
Licensed Real Estate Broker
REALTOR®
Licensed Mortgage Broker
Certified Distressed Property Expert (CDPE)
ePro To Jim, being a REALTOR® means making the buying and selling of your property as smooth and worry-free as possible. He doesn't lose sight of the fact that a home is not only a major investment, but also an expression of your lifestyle. His goal is to help you match your dreams with your means. Jim is very involved in and knowledgeable about the local Equestrain Community.
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Tax Considerations >Beneficial Tax Laws American tax law offers a significant capital gains tax exemption that allows taxpaying homeowners to unlock home equity and end the spiraling cycle of "investing up." First-time buyers enjoy expanded rules for Individual Retirement Accounts (IRA) and 401(k) plans, rules that allow penalty-free withdrawals to purchase a home.
Every two years, married sellers of principal residences who file joint federal income tax returns are allowed a $500,000 exclusion ($250,000 for singles) from capital gains tax. For sales that took place after May 6, 2003, the maximum capital gains tax rates for profits above the exclusion dropped from 20% to 15% for higher income taxpayers, and from 10% to 5% for lower income taxpayers.
Homeowners can now consider several new options. People who find themselves at an empty-nester stage (no children at home) in a four or five bedroom home with a large equity have been able to unlock their equity dollars, using the income to help their children buy a first home, take a luxury cruise, remodel the house or purchase a second home for vacation or retirement.
Consult your tax advisor for advice regarding your particular circumstance.
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| Q |
Who is the world's richest living person?
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| A |
William H. Gates, III, Chairman of Microsoft Corporation, whose wealth was estimated at $46.6 billion in 2004.
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