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Welcome > Resources > Trivia ...We've added these real estate trivia questions for your enjoyment. And you might learn something new in the process! Have fun...
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What is considered one of the few remaining tax shelters in the 1990s?
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Homeownership--property taxes on a residence or vacation home are deductible up to $1 million.
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What city boasts eight of the world's ten biggest hotels?
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Las Vegas has eight of the largest resort hotels; the latest and most extravagant is the $2.7 billion, 2,716-room Wynn Las Vegas.
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What is the largest city square in the world?
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Located in Beijing, China, Tianamen Square, called the "Gate of Heavenly Peace", covers 98 acres.
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What famous American building was originally built in 1792, burned and rebuilt 1814-1818 and restored in 1952?
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The White House in Washington, D.C., modeled after an Irish palace, is a sumptuous example of post-colonial architecture.
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In what area of the United States did the price of existing homes increase most dramatically in 2005?
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Phoenix, Arizona real estate recorded a 55.2 percent increase in home prices during 2005.
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Estate Trivia >
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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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All rights reserved. All information deemed reliable but not guaranteed.
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