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RoKa Property
Rain Residential
Office: (850)830.4830
Cell: (850)699.4290
info@RoKaProperty.com
RoKaproperty.com

Local Happenings

Join us at the Keesler Air Show!  MS Select Realty is one of the proud sponsors of the Keesler Air Show. 

KEESLER AFB, MISS. -- 'Thunder on the Bay,' the base's first air show since April 2004 comes to Keesler April 4-5, 2009.
 
"We are excited to be hosting the first air show at Keesler Air Force Base in five years," said Brig. Gen. Greg Touhill, 81st Training Wing commander. "We have organized a dedicated air show committee who are working diligently to solidify two days of amazing aerial acrobatics as well as impressive static display aircraft."
deducting home improvement costs | Print |

Can you deduct the cost of home improvements?

What you spend on permanent home improvements, such as new windows, can be added into your Ocean Springs, Mississippi home's cost basis, or amount of money invested in a home, which reduces capital gains when it comes time to sell. Capital gains are determined by the difference in price from the time a home is purchased and the time it is sold, minus the cost of any permanent improvements. However, the 1997 tax changes virtually eliminates the capital gains tax for most homeowners (the exemption is $250,000 for single homeowners and $500,000 for married homeowners.).
Still, it is worthwhile to save all receipts for permanent Ocean Springs, Mississippi home improvements just in case. They also can be useful documentation when it comes to marketing your home when you sell.

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Last Updated ( Tuesday, 29 July 2008 )
 
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