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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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| Q |
What is the average age range of a second-home buyer in the United States?
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| A |
Currently, second-home buyers in America are most often between 41 and 44 years of age. |
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Judy Reed
RE/MAX Allegiance
505 South Independence Blvd., Suite 109
Virginia Beach, VA 23452
757-287-2717
Fax: 757-233-1498
judyreed@NUMBER1EXPERT.com
#I am known for my STABILITY, EXPERIENCE and RELATIONSHIPS!!!
I work on a friendly, personal level. I believe it is important to give the best possible personal and professional service in today's market. I work with all my clients on a one-on-one basis. I exhibit a friendliness that generates lots of repeat business and referrals.
I DELIVER RESULTS! PERIOD.   
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