Providence and Cranston real estate and homes for sale in Rhode Island - Julie Longtin, REALTOR® Julie Longtin REALTOR(r) for Providence and Cranston, Rhode Island real estate - NUMBER1EXPERT™ Julie Longtin NUMBER1EXPERT(tm) for Providence and Cranston, Rhode Island real estate
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Julie Longtin, REALTORŪ, real estate agent and broker for Providence and Cranston Rhode Island home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 401-884-6050 x 331.


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My Special Offers: Providence and Cranston Rhode Island home buying, real estate listings, and homes for sale in Kent and Providence County, RI
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Special Offers From Me To You! 

Just for you, I've assembled some Special Offers. Choose one or all! 

Buyers Want Your Home for as Little as Possible.
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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 
How can you give your home the equivalent of sunglasses?

A 
Install low "E" squared glass filters sunlight, saves on energy costs and prevents fading of furniture, drapes and carpets.
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Julie Longtin, REALTORŪ, real estate agent and broker for Providence and Cranston Rhode Island home listings, property and land for sale - NUMBER1EXPERT(tm)

Julie Longtin
RE/Max Professionals in East Greenwich RI

655 Main Street
East Greenwich, Rhode Island 02888
Phone: 401-884-6050 x 331
Fax: 401-884-0665
Cell: 401-578-6051
Email: julielongtin@aol.com

Julie Longtin Sinapi has been a licensed real estate salesperson since 1991. Julie was also a licensed real estate appraiser from 1994-1999. Through these years of experience Julie had a large production, annually in the multi-million dollar range pertaining to the conveyance of real estate. Through her knowledge as a real estate appraiser, she procured a better understanding of market value, physical components contained within homes, changing markets, and translating the market indicators, to be able to benefit her clients.

Julie has received numerous awards, most proud of being the youngest woman in Rhode Island inducted into the RE/Max Hall of Fame in 2004, number 7 in Rhode Island for RE/Max for individual sales production, recognized by national publisher "MacDonald Advertising Services" for excellence and ingenuity in Real Estate Classified advertisement, and published in "Money Magazine" June 2006 in article "After the Boom". Formerly, Team Leader (CEO) of Keller Williams of Central RI.

Whether you are a first time homebuyer or liquidating a real estate portfolio, or acquiring one, I can assist and consult with you regarding any real estate transaction.

Equal Housing MLS REALTOR


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