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Want the most current listing information? Need local real estate advice? Call me: 940-390-5885.

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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 is considered one of the slimmest buildings ever designed?

A 
The Carnegie Hall Tower, designed by Cesar Pelli, is only 50 feet wide and 60 stories high.
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Marilyn Newland, REALTOR®, real estate agent and broker for Denton, Corinth and Flower Mound, Texas home listings, property and land for sale

Marilyn Newland
Keller Williams

2434 Lillian Miller Pkwy
Denton, TX 76205
940-390-5885
Fax: 940-382-2773
marilynnewland@BestImageAgent.com


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