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South Padre Island, Port Isabel and Laguna Vista Information:

  • About South Padre Island, Port Isabel and Laguna Vista - Moving to South Padre Island, Port Isabel and Laguna Vista, Texas? Get info here...

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Real Estate Tips
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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Real Estate Trivia
Q 
Exactly how many islands are included in the group called the 1000 Islands?

A 
There are actually 1,864 islands in the 80-mile stretch in the St. Lawrence River, between Ontario, Canada and New York State.
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Lynne Tate, REALTOR®, real estate agent and broker for South Padre Island, Port Isabel and Laguna VistaTexas home listings, property and land for sale - NUMBER1EXPERT(tm)

Lynne Tate
Lynne Tate Real Estate

2200 Padre Blvd.
South Padre Island, TX 78597
Tel: 956-761-1400
Fax: 956-761-1805
Email: lynnetate@NUMBER1EXPERT.com


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