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<Back to Page			Property 117 of 122 Selections

4 Bedroom Colonial

$329,500

Photo of 110 Latigo Court, Stephens City, VA, 22655.

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Address: 110 Latigo Court	City/ST: Stephens City, VA	Zip Code: 22655
Property Type: Single Family Home	New or Resale: Resale	Bedrooms: 4
Bathrooms: 3	MLS# FV6956673

Immacualte 4 bedroom Colonial. New stainless steel dishwasher, stove and microwave. Covered porch. Formals with fireplace in the family room. Unfinished basement to finish to your liking.

Last Updated: 4/2/2009 11:28:25 AM

Listing Agent and Office: James Amick, Re/Max Roots

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Berryville Real Estate

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Investment Real Estate >Investment Property Exchanges

When you buy an investment property, there are two important financial goals to consider. You will want a property capable of producing rental income. When you sell, you hope that the property will have appreciated enough that you will earn a good profit on your investment. If your property has enjoyed a healthy appreciation, you may need to do some careful planning to avoid paying out most of your profits in the form of capital gains taxes.

When selling your primary residence, you may be able to defer your capital gains taxes when you buy your next home. This does not apply, however, to investment property. If you sell one property then purchase another, the taxes will be due for the year the sale occurred. On the other hand, if you arrange to trade one property for another, you may be able to defer the capital gains tax.

It is not as complicated as it sounds! Many real estate agents and attorneys specialize in helping their clients put these kind of transactions together. You don't have to trade buildings with the people buying your property. The property you trade may belong to a third party, and your buyers need only cooperate with the closing attorney to make the transaction work.

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Q	What is considered the primary factor distinguishing buyers of prestigious properties from the average home buyer?
A	Financing doesn't worry these buyers; they often put down 40 percent or more or pay cash for a property
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Team Roots and Wings, REALTOR�, real estate agent and broker for Winchester, Loudoun County and Clarke County, Virginia home listings, property and land for sale - NUMBER1EXPERT

William "Chip" Steinmetz
RE/MAX Roots
101 East Maint st., Suite 103
Berryville, VA 22611
540-955-0911
Fax: 800-610-5653
Chip@TeamRootsAndWings.Com

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