Home property value survey

ellebud
Tue, 01 Jul 2008 00:08:26 +0000

We live in a very well located part of Los Angeles. Commute time for my husband: 8 minutes including the elevator. Lots of areas where you can walk to for basics. Public school system. Evidently a house on our street went up for sale for 2.5 two weeks ago…multiple offers…sold 3.2. Needs total gut. I think that rather than eliminate the tax deduction, which keeps major segments of our working force employed by the way…We should also look at the $500,000 deduction and put it back to where it was. We can’t sell our home. We would pay much too much tax. I liked to old rollover system. (and it kept the economy going here in so Cal).