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Real Estate Tips
Self Employed >Moving And Taxes

Even with the changes in tax laws over recent years, you may be able to deduct some of the expenses of a move that is the result of a change in your job.

You will probably be able to deduct the costs of your move if your new work location means more than an additional 50-mile commute, if you move within a year of taking the job at the new location, and if you work full-time for at least 39 weeks (the total is 78 weeks if you are self-employed). You should keep meticulous records of all of your expenses and consult a tax expert to make sure that you take all the lawful tax deductions allowed by the IRS criteria for expenses related to selling your old home or buying your new one. The IRS publication No. 521 entitled "Tax Information on Moving Expenses" makes good reading before you make a move.

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Real Estate Trivia
Q 
What was considered the world's tallest building one hundred years ago?

A 
The Eiffel Tower in Paris, France, completed in 1889 and standing 984 feet tall, is still considered one of the world's greatest structures.
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Stephanie Parker, REALTOR®, real estate agent and broker for Phoenixville, Royersford and Douglassville, Pennsylvania home listings, property and land for sale - NUMBER1EXPERT

Stephanie Parker
Keller Williams Realty

910 Harvest Sr. Suite 100
Blue Bell, PA 19422
610-952-3211
Fax: 610-300-7413
Stephanie@ParkerDreams.com


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