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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 
Which city in the U.S. has the longest formal name, but the shortest abbreviated name?

A 
El Pueblo de Nuestra Senora la Reina de los Angeles de la Porciuncula is the full name for Los Angeles, known as "LA".
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Terri Wilson, REALTORŪ, real estate agent and broker for Denton, Aubrey and Corinth Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Terri Wilson
Keller Williams Realty

2434 Lillian Miller Parkway
Denton, TX 76205
Phone #: 817-296-4746
940-381-7129
940-484-9411
Fax #: 940-382-2773
Email: terriwilson@NUMBER1EXPERT.com

My mission in real estate is to improve the quality of your life by serving all of your real estate needs. I have not only dedicated myself to serving the needs of my clients, but to constantly improving my performance through education and certification. I grew up in Denton, attended public schools here and have been a Licensed Agent here for 29 years.

Equal HousingMLSREALTOR


Keller Williams Realty real estate and homes for sale in Denton, Aubrey and Corinth Texas

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