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The Green Real Estate Team, REALTOR, real estate agents and broker for Tampa Bay, Tampa and Clearwater Florida home listings, property and land for sale - NUMBER1EXPERT(tm) The Green Real Estate Team, REALTOR, real estate agents and broker for Tampa Bay, Tampa and Clearwater Florida home listings, property and land for sale - NUMBER1EXPERT(tm)
The Green Real Estate Team, REALTOR, real estate agents and broker for Tampa Bay, Tampa and Clearwater Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

 

Welcome! Here you can find great information on Tampa Bay, Tampa, Clearwater and St. Petersburg, Florida real estate. Looking for homes? Search everything the web has to offer, right here! Don't miss our Featured Homes. 

Need local real estate information? We've summarized much of what is important about the Tampa Bay, Tampa and Clearwater real estate market on this site. 

Need expert advice? No website, large or small, can take the place of a top REALTORŪ. Not even ours! This site is filled with ways that you can contact us for one-on-one expert help and advice. That's our job. 

Contact us with confidence! We guarantee your privacy will be respected. And we offer the services on this site for free and without obligation. Why? We want to be YOUR REALTORSŪ. As your trusted, professional real estate partners, we will help you find the best home in your area within your price range. And together we will sell your home, for as much as the market will bear, and as quickly as possible. 

Buying and selling a home is one of the biggest events in your life. As top Tampa Bay, Tampa and Clearwater REALTORSŪ, we have the experience and track record you are looking for. Please let us help. 

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Real Estate Tips
Tax Considerations >New 1031 Exchange Rules

One of the most popular "tax deferring" strategies for real estate owners who are selling one property and acquiring another is the use of Section 1031 of the Internal Revenue Code. It is an effective way to defer paying income tax on capital gain generated by the sale of a property when you intend to reinvest the proceeds in a similar, "like-kind" property. Almost any kind of real property is considered "like-kind" with any other real property.

A recently enacted law closes what was considered a loophole in the Section 1031 rules. In some cases, owners of investment real estate have used the 1031 Exchange to swap their investment property for real estate that could be readily converted to an owner-occupied residential property. After the exchange, they made the property into their principal residence, lived in it for a couple of years, then sold it. Now the American Job Creation Act of 2004 has ruled that properties converted from a 1031 exchange property into a residence must be held and used as a principal residence for at least five years to qualify for the tax exemption. Otherwise, the basic tax-deferring benefits of 1031 exchanges remain the same.

Consult your tax advisor for more detailed information.

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Real Estate Trivia
Q 
What real estate term was first used in the 19th century and means "a high-flying flag on a ship"?

A 
Skyscraper was first used in the 1880s when office buildings of 10 stories or more were built in Chicago and New York.
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The Green Real Estate Team, REALTORŪ, real estate agents and broker for Tampa Bay, Tampa and Clearwater Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

The Green Real Estate Team, REALTORŪ, real estate agents and broker for Tampa Bay, Tampa and Clearwater Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Michael Green & Associates
Keller Williams Realty

3502 Henderson Blvd
Tampa, FL 33609
Cell: 813-295-2000
Fax: 813-739-5955
GreenRealEstateTeam@TopProducer.com

Michael Green, P.A., Tampa Bay's #1 Luxury Sales Specialist for 2003, 2004, 2005, 2006, 2007,2008, 2009 and 2010 leads Michael Green & Associates, the #1 Keller Williams Sales Team in Florida, in marketing and selling waterfront, fine and luxury homes, estates and investment properties throughout Greater Tampa Bay Florida. Mike's team has provided outstanding service to their many clients through passion for their work, integrity, diligence, superior marketing and extensive market knowledge. Upon attaining a B.S. Degree in Biology/Chemistry/Mathematics from the University of South Alabama, Mike then completed a distiguished career as a Special Agent of the F.B.I. and subsequently co-owned a multi-office real estate firm, where he directed Fine Homes & Estates and Relocation Divisions. Mike and his associates would love to work with you and make your real estate experience a pleasant, effortless success. You can place your trust and confidence in one of the nation's top real estate professionals.

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 Keller Williams Realtyreal estate and homes for sale in Tampa Bay, Tampa and Clearwater Florida

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