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PEAKS REAL ESTATE SOTHEBY'S INTERNATIONAL REALTY
A MARKET LEADER


“Uniting extraordinary properties with extraordinary lives”

After 16 years of representing buyers and sellers and serving the Telluride market, Peaks Real Estate was selected above any other company in the Telluride region to be awarded the Sotheby’s International Realty affiliation creating Peaks Real Estate Sotheby’s International Realty.  Now, this worldwide brand designation allows for even greater capability and professional services to you. 

Sotheby’s established it's reputation for excellence in the marketing tradition in 1744 with its first auction house.  Valuable and prestigious possessions from all over the world have been auctioned at Sotheby’s. The tools and the techniques the Sotheby’s International Realty brokers have developed to successfully sell grand estates are equally effective for selling fine properties in all price ranges.  

Renowned for their refined, rich simplicity, Peaks Real Estate Sotheby’s International Realty is the choice for the sophisticated buyer.

With our affiliation with Peaks Real Estate Sotheby’s International Realty, TellurideRealEstateOnline is committed to delivering exceptional service in the luxury market.

Call us today to find out how we can help you buy or sell your Telluride property.



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Real Estate Tips
Tax Considerations >Tax Rewards for Homeowners

The Federal Tax Code has significantly improved the American taxpayer's ability to profit by selling a principal residence. Prior to 1997, homeowners could take advantage of a tax benefit termed the "rollover", which granted exemption from capital gains taxes on the net profit from the sale of a home. Homeowners who used profits to purchase a bigger and better home did not have to pay tax. And homeowners over the age of 55 were given a once-in-a-lifetime exclusion from taxes on profits of up to $125,000 on the sale of their principal residence.

Compare those tax breaks with our current, streamlined and potentially more profitable arrangement that replaced both the rollover and the one-time exemption. If you are a married home-seller filing jointly, you may enjoy up to $500,000 in tax-free home sale profits, provided you have occupied the property as your principal residence during two of the last five years. Taxpayers who file singly get a $250,000 capital gains exclusion. Homeowners are eligible to exclude capital gains on the sale of a principal residence as often as once every two years.

The law allows capital gain exclusions whether you "buy up" to a more expensive home or "buy down" to a less expensive one. The tax-free dollars can be used in any way you want. Consult your tax advisor for detailed advice about your particular circumstance.

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Real Estate Trivia
Q 
What bizarre post-midnight pageant celebrated the great transformation in Manhattan architecture during the 1920s?

A 
Beaux-Arts Architects' Ball (January 23, 1931) at the Hotel Astor commemorated the end of the first skyscraper age.
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Betty Cutler Favier, REALTOR®, real estate agent and broker for Telluride and Mountain Village, Colorado home listings, property and land for sale - NUMBER1EXPERT(tm)

Betty Cutler Favier
Peaks Real Estate Sothebys International

136 Country Club Drive
Telluride, CO 81435
Phone 1: 800-737-9621
Fax: 970.692.8427
bcf@TellurideRealEstateOnline.com

Betty has 24 years of experience helping people buy and sell their homes. Listening to her clients, ongoing education in industry standards and trends, and a high level of confidentiality and professionalism have built a real estate business of long term relationships and referrals.

CRS SRES





Sotheby’s International Realty© is a registered trademark licensed to Sotheby’s International Realty Affiliates, Inc. Each Office Is Independently Owned And Operated.

  



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