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As top Winter Haven, Auburndale and Haines City real estate agents, we make it our business to be aware of every local home or property on the market. We even know of properties that will be available, but have yet to formally be placed on the market.

We have direct access to the Winter Haven, Auburndale and Haines City area MLS (Multiple Listings Service), and also to every other agents in the area and all of their listings.

If you give us some idea of what you are looking for, We will personally review all our sources of real estate listing information and send you everything within your price range that matches your criteria. We can save you a great deal of time!

This is a totally free service, and there is no obligation. It's part of our job to offer services like this to homebuyers.

Tell us what you are looking for! It's our job to know every property in Winter Haven, Auburndale and Haines City, even ones not listed online. Our personal search for you is FREE and without obligation. Please give us as many details as possible...

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School Reports in Winter Haven, Auburndale and Haines City, Florida

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Tax Considerations >New 1031 Exchange Rules

One of the most popular "tax deferring" strategies for real estate owners who are selling one property and acquiring another is the use of Section 1031 of the Internal Revenue Code. It is an effective way to defer paying income tax on capital gain generated by the sale of a property when you intend to reinvest the proceeds in a similar, "like-kind" property. Almost any kind of real property is considered "like-kind" with any other real property.

A recently enacted law closes what was considered a loophole in the Section 1031 rules. In some cases, owners of investment real estate have used the 1031 Exchange to swap their investment property for real estate that could be readily converted to an owner-occupied residential property. After the exchange, they made the property into their principal residence, lived in it for a couple of years, then sold it. Now the American Job Creation Act of 2004 has ruled that properties converted from a 1031 exchange property into a residence must be held and used as a principal residence for at least five years to qualify for the tax exemption. Otherwise, the basic tax-deferring benefits of 1031 exchanges remain the same.

Consult your tax advisor for more detailed information.

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Q	What is the only land in the world that has not been walked on by human feet?
A	A small 200 square-mile section of Antarctica is the only terrain on Earth that not one person has stepped foot on.
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The Renee Butler Team, REALTOR®, real estate agents and broker for Winter Haven, Auburndale and Haines City Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

The Renee Butler Team
Brokers Realty of CFI
1142 1st. Street
Winter Haven, FL 33880
Office: 863-294-6773 ext 223
Fax: 863-297-5337
thereneebutlerteam@NUMBER1EXPERT.com

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