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  • Why Buyers Choose Billie Magerfield - Why homebuyers looking for a real estate agent in the Charlottesville, Albemarle and Keswick area choose Billie Magerfield.

  • Latest Listings - Get Billie Magerfield's latest Charlottesville, Albemarle and Keswick listings of homes for sale first!

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Real Estate Tips
Tax Considerations >Capital Gains Exemptions

Home sellers are always interested in their tax deduction options. If you recently sold a home without meeting the basic ownership and use criteria for waiving capital gains tax, you might still be able to claim reduced exemptions if you meet certain other criteria.

Homeowners who had to sell because of a change in place of employment can qualify for reduced tax. You must prove that the job change occurred while you owned and used the home as your primary residence, and that your new job is located at least 50 miles farther from your residence than your previous place of employment.

A reduced exclusion from capital gains tax may also be granted for health reasons. If your motivation for selling your house was to obtain diagnosis, treatment or cure for a disease or injury to you or a family member, you can apply for an exclusion. Unforeseen circumstances such as death, unemployment, divorce or natural disasters may also reduce your capital gains tax. Consult a tax professional for advice about your unique circumstance.

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Real Estate Trivia
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What is the least affordable metropolitan housing market in the United States?

A 
California's Los Angeles-Long Beach-Glendale is currently rated as the most expensive metro area in the nation.
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Billie Magerfield, REALTOR®, real estate agent and broker for Charlottesville, Albemarle and Keswick Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Billie Magerfield
Real Estate III

1318 Piper Way
Keswick, VA 22947
Tel: 434-962-8865
Fax: 434-977-8940
Email: bmagerfield@NUMBER1EXPERT.com

I have been active in the real estate business for over 20 years, working in both the Richmond and Charlottesville, VA markets. Having experience in both restoring old homes and building new ones, I understand the complexities of both the purchasing and the construction process. I particularly enjoy showing newcomers around the area, sharing my knowledge of local history and Charlottesville culture. In real estate, the greatest rewards for me are the friendships I maintain with my clients well after the purchase or sale of their home has closed. If repeat business is a good measure of a Realtor's success, this explains why I have been one of top producers in the Charlottesville area for the last eight years.

ABREqual HousingREALTOR


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