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Find Out About the Latest Homes for Sale First! We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS. Find Out More > View All Offers >
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"Looking forward to working with you in the future For first time buyers, having the two of you here for us throughout this process was the best thing that could have happened. Read Quote > View All Quotes >
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Angela Svennefiord and Shannon Conley
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Metrocities Mortgage Bruce Kessler is an experienced, efficient, and professional Metrocities Mortgage Senior Loan Consultant. Find Out More >
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Welcome! Here You Can Find Great Information on Westlake Village, Newbury Park and Thousand Oaks, California Real Estate  We’ve had the pleasure of helping buyers and sellers from all walks of life find that very special home in the Conejo Valley and the surrounding areas. If you are in the market to purchase a home, thinking about selling your current home, or considering relocating to the Conejo Valley, you will find our site to be one of the easiest real estate websites to use and to come back to – here you can access and view hundreds of wonderful homes for sale in Thousand Oaks, Newbury Park,Westlake Village, Agoura Hills and more. The Conejo Valley and the surrounding cities provide a wonderful place to build your life and your future. Opportunities await you and your family! Experience the thrills and action of cosmopolitan living without all the headaches. In the Conejo Valley you can have dinner at the Promenade then head to see a musical or a play at the Civic Arts Plaza. Shop at the Oaks Mall or at the beautiful Lakes. Or you could spend the day hiking one of the many trails that this area has to offer. Malibu is only a 20 minute drive or you could go skiing at Big Bear Mountains in less than a three hour drive! Contact us with confidence! And we offer the services on this site for free and without obligation. We want to be YOUR real estate agents. 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 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 Westlake Village, Newbury Park and Thousand Oaks real estate agents, we have the experience and track record you are looking for. We look forward to working with you. ~ Angela Svennefiord and Shannon Conley ~  
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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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What unique type of home is making news as an affordable, environmentally-friendly housing alternative?
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| A |
Straw bale homes may well become the non-toxic, affordable home of choice in the future. |
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