Colorado Springs, Monument and Fountain real estate and homes for sale in Colorado, new construction, investment and income properties - The Barbara Harris Team, REALTOR® The Barbara Harris Team REALTOR(r) for Colorado Springs, Monument and Fountain, Colorado real estate, new construction, investment and income properties - NUMBER1EXPERT™ The Barbara Harris Team NUMBER1EXPERT(tm) for Colorado Springs, Monument and Fountain, Colorado real estate, new construction, investment and income properties
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The Barbara Harris Team, REALTOR®, real estate agents and broker for Colorado Springs, Monument and Fountain Colorado home listings, property and land for sale - NUMBER1EXPERT(tm)
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The Barbara Harris Team, REALTOR®, real estate agents and broker for Colorado Springs, Monument and Fountain Colorado home listings, property and land for sale - NUMBER1EXPERT(tm)
The Barbara Harris Team, REALTOR®, real estate agents and broker for Colorado Springs, Monument and Fountain Colorado home listings, property and land for sale - NUMBER1EXPERT(tm)
The Barbara Harris Team, REALTOR®, real estate agents and broker for Colorado Springs, Monument and Fountain Colorado home listings, property and land for sale - NUMBER1EXPERT(tm)

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WELCOME! View EVERY Real Estate listing in Colorado Springs, Manitou Springs, Monument, Security, Fountain, Woodland Park and some of the most desired subdivisions such as Stetson Hills and Wolf Ranch – RIGHT HERE!! 

Whether Buying or Selling, Relocating from across the country or making a Military Move, the Barbara Harris Team offers you a wealth of experience and knowledge providing ‘Raving Fan’ Customer Service that sets this team of professionals apart as one of the Best Real Estate Teams in the Colorado Springs area. 

Looking for information on Colorado Springs and Surrounding Areas? View Photos, Relocation Information, & Community Links at the click of your mouse! Active Military Personnel, be sure to check out our Military Rewards Program that can SAVE you MONEY the next time you Buy or Sell with the Barbara Harris Team. 

The Barbara Harris Team’s understanding of the Local Real Estate Market, their thorough understanding of Finances & Loan products available, and their attention to ALL Aspects of the transaction, results in a Smooth & Successful Closing and Hundreds of SATISFIED CUSTOMERS! 

 


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Real Estate Tips
First Time Buyers >Your Principal Residence

The Federal Tax Code allows married taxpayers to exclude from capital gains taxes up to $500,000 in profits from selling a home (singles can exclude $250,000). In order to qualify for this exemption, you must prove that that the home has been your principal residence for at least two out of the last five years. The establishment of the home as a principal residence depends on the facts of each homeowner's circumstance. Here are two cases to consider.

Homeowner A has lived at 25 Pine Drive for 12 years. Although he stays at his vacation cottage in another town for up to three months out of each year (sometimes more), 25 Pine Drive is his principal residence, where he lives most of the time. When he sells the home, Homeowner A (filing as a single individual) can keep up to $250,000 in tax-free profit.

Homeowner B buys 108 Maple Street, intending to live there. He rents it out while waiting to sell his current home, where he has lived for six years. His principal residence sells at the end of two years. Homeowner B moves into his new house, lives there for three months, and then decides to travel. After a six-month trip, he regrets buying 108 Maple Street and sells it. Even though he has owned the house on Maple Street for over two years, it won't qualify as "owner-occupied", because he only lived in it for a few months. Thus Homeowner B is not eligible to claim the tax exemption when he sells the house on Maple Street.

Consult your tax advisor for advice about your particular circumstance.

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Real Estate Trivia
Q 
What was the first land designated by the US government as a National Park?

A 
Yellowstone was established "as a public park or pleasuring ground for the benefit and enjoyment of people" in March 1872.
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The Barbara Harris Team, REALTOR®, real estate agents and broker for Colorado Springs, Monument and Fountain Colorado home listings, property and land for sale - NUMBER1EXPERT(tm)

The Barbara Harris Team
Harris Group Realty, Inc.

2950 Professional Place, Ste. 205
Colorado Springs, CO. 80904
719-227-9900
800-748-3414
719-338-0827
Fax: 719-227-9902
Email: thebarbaraharristeam@NUMBER1EXPERT.com

The Barbara Harris Team’s understanding of the Local Real Estate Market, their thorough understanding of Finances & Loan products available, and their attention to ALL Aspects of the transaction, results in a Smooth & Successful Closing and Hundreds of SATISFIED CUSTOMERS!

SRES


         


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