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Sold - 8430 Ryegrass Trail

$635,000

Photo of 8430 Ryegrass Trail, Colorado Springs, CO, 80919.

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Address: 8430 Ryegrass Trail	City/ST: Colorado Springs, CO	Zip Code: 80919
Location: Peregrine	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 6868	Bedrooms: 5	Bathrooms: 3 full, 1 half
MLS# 595774	Property Tax: 4949

Main level features: open kitchen, dining room, 3 bedrooms, plus office * Master bedroom has 3-way fireplace, attached 5-piece bath, and walks out to deck * Basement has separate entrance, two bedrooms, bath, separate kitchen, and family room * Laundry rooms on both levels * New water heater and roof in 2005. Call Jason Daniels Colorado Springs Real Estate Specialist at 719-201-8052

Last Updated: 5/6/2010 4:05:32 PM

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Tax Considerations >Capital Gains Exemptions

Home sellers are always interested in their tax deduction options. If you recently sold a home without meeting the basic ownership and use criteria for waiving capital gains tax, you might still be able to claim reduced exemptions if you meet certain other criteria.

Homeowners who had to sell because of a change in place of employment can qualify for reduced tax. You must prove that the job change occurred while you owned and used the home as your primary residence, and that your new job is located at least 50 miles farther from your residence than your previous place of employment.

A reduced exclusion from capital gains tax may also be granted for health reasons. If your motivation for selling your house was to obtain diagnosis, treatment or cure for a disease or injury to you or a family member, you can apply for an exclusion. Unforeseen circumstances such as death, unemployment, divorce or natural disasters may also reduce your capital gains tax. Consult a tax professional for advice about your unique circumstance.

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Q	What little-known folk remedy is said to help keep bats away from your home?
A	According to some rural homeowners, if you tar and feather a two-by-four board and place it in your yard, it will ward off bats!
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Jason Daniels, REALTOR�, real estate agent and broker for Colorado Springs, Monument and Woodland Park, Colorado home listings, property and land for sale

Jason Daniels
RE/MAX Advantage Realty Inc
5590 North Academy Blvd.
Colorado Springs, CO 80918
719-268-8086
Fax: 719-548-5040
jasondaniels@BestImageAgent.com

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