|  | | | John Hamilton | |
Originally from Youngstown, Ohio, John moved to Kent County in 1978 back when he was a regional sales manager for the Pennwalt Corporation AgChem Division. John has been in sales and marketing for over 40 years. For about ten years he farmed with his wife Ellen on her family farm in Kenton. John's wife of 26 years, Ellen, is a teacher with the Capital School District in Dover. John has four daughters. Two are grown and on their own. Leah works for the Smyrna School District and has blessed them with three beautiful grandchildren; Cody, Evan and Sarah. Tandy is a teacher and lives in New York.
|  | | | John's Eldest Two Daughters and Grandchildren | |
Their daughter Joanna is a graduate of Mississippi College. Their youngest daughter, Luminita, is the athlete and artist of the family. She is currently attending Arcadia College in Glenside, PA where her major is leaning towards art. When not selling real estate John enjoys spending time with his family and friends, traveling, the beach, fishing, cooking and refurbishing his investment properties. John has traveled to Ecuador, Columbia, Romania, Germany, Yugoslavia, Iceland, Canada, Mexico, the Bahamas and Jamaica. A foreign houseguest or the visit of an exchange student often enriches the Hamilton household.  John has helped many families find new homes. He is a full time licensed Realtor and specializes in residential sales and listings, relocation and new construction. John also works in commercial properties. He is dependable, dedicated and professional. His goal is to make your home selling or buying experience as pleasant as possible. If you are considering relocating to the area John will be happy to give you a no sales pressure tour to help familiarize you with what Dover and Kent County have to offer. This is a service he offers to several local companies for prospective employees. He recognizes the importance of being comfortable with the area before you decide to move on to buying a home here. Please Sign Up For The Latest Listings and the Latest Real Estate News
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Tax Considerations >Taxpayer Relief
Legislation included in the 1997 federal budget made significant changes that improve a homeowner's ability to profit from the sale of real estate.
The capital gains tax exclusions on the sale of a principal residence is just one of several benefits for homeowners. When you sell a home you have owned and use for two of the five years prior to the sale, married couples are allowed to keep up to $500,000 in tax-free profits and taxpayers filing as singles can keep up to $250,000 before paying capital gains tax.
Long-term capital gain is also taxed at lower rates as a result of the Jobs and Growth Tax Relief Reconciliation Act passed in 2003. The maximum capital gains tax rates dropped from 20% to 15% and from 10% to 5%, effective for sales and exchanges taking place on or after May 6, 2003 and through December 31, 2007. In 2008 the 15% rate continues for higher income taxpayers, while the 5% rate for lower income taxpayers drops to 0%, but only for the 2008 tax year. On January 1, 2009, the 10% and 20% rates will be reinstated.
Consult your tax advisor for advice regarding your particular circumstance.
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| Q |
What took over 30,000 workmen to construct and is considered the second largest palace in the world?
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| A |
The Palace of Versailles, 14 miles southwest of Paris and completed in 1682, is famous for its size and its beauty.
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 See More Real Estate Trivia > |
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