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Real Estate Trivia
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Beavercreek realty
Beavercreek Popcorn festival is an annual event in the Greene Country community!

Enjoy! 

We've added these real estate trivia questions for your enjoyment. And you might learn something new in the process! Have fun... 


Q 

Which metropolitan area in America currently offers the most affordable market in which to buy new homes?

A  The housing market in Youngstown, Warren and Boardman, Ohio is currently the most affordable metro area in the U.S.

Q 

What real estate term was first used in the 19th century and means "a high-flying flag on a ship"?

A  Skyscraper was first used in the 1880s when office buildings of 10 stories or more were built in Chicago and New York.

Q 

What was the world's highest viewing platform before the opening of the Empire State Building in 1939?

A  The Eiffel Tower, built between 1887-1889, was for 42 years the highest viewing platform in a man-made structure.

Q 

During what months of the year do most people move from one home to another?

A  Most moves occur between the months of May and September.

Q 

What building has been named the 21st Century Townhouse project?

A  4 townhouse in Bowie, MD made of giant foam/board panels, concrete/styrofoam block frames, steel, and aerated concrete.

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Real Estate Tips
Tax Considerations >Tax Rewards for Homeowners

The Federal Tax Code has significantly improved the American taxpayer's ability to profit by selling a principal residence. Prior to 1997, homeowners could take advantage of a tax benefit termed the "rollover", which granted exemption from capital gains taxes on the net profit from the sale of a home. Homeowners who used profits to purchase a bigger and better home did not have to pay tax. And homeowners over the age of 55 were given a once-in-a-lifetime exclusion from taxes on profits of up to $125,000 on the sale of their principal residence.

Compare those tax breaks with our current, streamlined and potentially more profitable arrangement that replaced both the rollover and the one-time exemption. If you are a married home-seller filing jointly, you may enjoy up to $500,000 in tax-free home sale profits, provided you have occupied the property as your principal residence during two of the last five years. Taxpayers who file singly get a $250,000 capital gains exclusion. Homeowners are eligible to exclude capital gains on the sale of a principal residence as often as once every two years.

The law allows capital gain exclusions whether you "buy up" to a more expensive home or "buy down" to a less expensive one. The tax-free dollars can be used in any way you want. Consult your tax advisor for detailed advice about your particular circumstance.

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Cyndi Shurts and Donald E. Shurts Jr., REALTOR®, real estate agent and broker for Kettering, Beavercreek, Springboro and Dayton, Ohio home listings, property and land for sale - NUMBER1EXPERT

Cyndi Shurts and Donald E. Shurts Jr.
RE/MAX VICTORY

51 Plum St., suite 220
Beavercreek, OH 45440
Toll Free: 1-888-278-0295
Cyndi's Direct : 937-604-5194
Don's Direct: 937-241-2124
Toll Free Fax: 1-888-602-8133
Don's Email: Don@WelcomeHomeDayton.com
Cyndi's Email: Cyndi@WelcomeHomeDayton.com

Cyndi & Don Shurts have created a reputation of outstanding service and attention to details with past home buyers and sellers, other Dayton Realtors, and real estate service providers in the Dayton area. Miami Valley Dream Homes & RE/MAX Victory at The Greene provide unmatched, cutting edge tools and technologies to accomplish specific goals for our real estate clients, both buyers and sellers. This team provided many free services beyond the standard real estate agent. They are home staging experts, extensive internet marketing experts, Short Sale experts and new construction specialists. Cyndi and Donald Shurts are members of the National Association of Realtors (NAR),Ohio Association of Realtors, and the Dayton Area Board of Realtors. This Dayton Ohio real estate team will SAVE you TIME & MONEY in buying or selling a home. See the dozens of testimonials from past clients. Past Client phone numbers available upon request.

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