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For Home Buyers:
Why Buyers Choose Monica Fischer - Why homebuyers looking for a real estate agent in the Brookings, Rogue River Oregon Coast and Bandon area choose Monica Fischer. Latest Listings - Get Monica Fischer's latest Brookings, Rogue River Oregon Coast and Bandon listings of homes for sale first! Find Your Perfect Home - Monica Fischer will search for your ideal home and email you the newest Brookings, Rogue River Oregon Coast and Bandon MLS listings of properties in Curry and Coos County OR. First Time Homebuyers - Are you a first time homebuyer in Brookings, Rogue River Oregon Coast and Bandon, OR? Choose a top real estate agent. Monica Fischer can guide your home buying search. Mortgage Prequalification - Pre-qualify for a mortgage or loan for your Brookings, Rogue River Oregon Coast and Bandon house or other real estate or property. Go to Main Sitemap - Main sitemap sections include Find Brookings, Rogue River Oregon Coast and Bandon Homes, For Home Buyers, For Home Sellers, Brookings, Rogue River Oregon Coast and Bandon Information, Real Estate Resources, and About Monica Fischer. 
Stay on top of the latest property listings, foreclosures, and local real estate news. Take the time to let us know what you are specifically looking for so we can let you know a property has become available that fits your needs.
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 |
Where was the famous final airport scene in the 1942 classic "Casablanca" filmed?
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| A |
The scene where Humphrey Bogart says goodbye to Ingrid Bergman was actually shot on the east side of the Van Nuys Airport. |
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