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Welcome to The Deal Team'sBiloxi, Ocean Springs and Gulfport Real Estate Website

Welcome! Here You Can Find Great Information on Biloxi, Ocean Springs and Gulfport, Mississippi Real Estate 

Looking for homes? Search everything the web has to offer, right here! Don't miss our Feature Homes. 

Need local real estate information? We've summarized much of what is important about the Biloxi, Ocean Springs and Gulfport real estate market in this site. 

Need expert advice? No web site, large or small, can take the place of a top real estate agent. Not even ours! This site is filled with ways that you can contact us for one-on-one expert help and advice. That's our job. 

Contact us with confidence! We guarantee your privacy will be respected. And we offer the services on this site for free and without obligation. Why? 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, for 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 Biloxi, Ocean Springs and Gulfport real estate agents, we have the experience and track record you are looking for. Please let us help. 

- The Deal Team 

JEANNE DEAL
1(228)-424-6521
ALLEN DEAL
1(228)-861-4165  

Keller Williams Realty
MS GUlf COAST
Biloxi, MS  

 



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Real Estate Tips
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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Real Estate Trivia
Q 
What is the largest home in Hollywood?

A 
The largest home in Hollywood is currently "The Manor" at 36,500 square feet, built by T.V. producer Aaron Spelling for $37 million.
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The Deal Team, REALTOR®, real estate agent and broker for Biloxi, Ocean Springs and Gulfport, Mississippi home listings, property and land for sale - NUMBER1EXPERT(tm)

Allen and Jeanne Deal
The Deal Team

Keller Williams Realty
243 Beauvoir Road Suite A
Biloxi, MS 39531
Cell: 228-424-6521
Fax : 228-275-7501
EMAIL: TheDealTeam@gmail.com

The Deal Team with Keller Williams Realty, Mississippi Gulf Coast provides expert Real Estate services and strategies to help you get great deals in the competitive market. With over 14 years combined of real estate experience, Allen and Jeanne Deal are experts in many parts of real estate industry, including Residential, Land, Condos and Commercial Sales and Leases. Casino, Cooperate Cmployees, and Military Personal Relocation, and also in real estate consulting, negotiation, and marketing strategies for sellers and buyers. The Deal Team has over 70 Keller Williams’ Realtors® in the office that can assisted you at any time. Call 228-424-6521 or 228-861-4165 TODAY!

ABR CRS ePro Equal Housing GRI MLS REALTOR


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