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  • Why Sellers Choose Sherry Wilson & Co. - Why home sellers in Ashburn, Leesburg and Loudoun County choose Sherry Wilson & Co..

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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 
Where are church services held in the water each Sunday during July and August?

A 
At Half-Moon Bay, Ontario, worshippers gather in boats facing the natural stone pulpit, and hymnals are passed to the floating congregation by ushers in canoes.
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Sherry Wilson & Co., REALTOR®, real estate agents and broker for Ashburn, Leesburg and Loudoun County, Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Sherry Wilson & Co.
RE/MAX Leaders

1021 East Main Street
Purcellville, VA 20132
Phone: 540-338-6300
Fax: 540-338-4916
Email: sherrywilson@NUMBER1EXPERT.com

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