Joanne and Mike have lived in the Hunterdon/Somerset area since 1982. Joanne began selling real estate in 1992 and has established herself as a Top Producer. She has created lasting relationships and raving fans from her long list of satisfied clients. Mike has been in the corporate world as a research scientist for the past 34 years. He has worked as a consultant for start-up companies in the New England area, and has been a principal in a number of new business ventures. He is an experienced real estate investor.
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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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What area was designed to look like a 1940s southeastern town with traditional architecture?
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Disney's "Celebration" in Orlando, FL, will eventually have 8,000 houses and many commercial tourist attractions. |
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