Winchester, Barkhamsted and Torrington Connecticut real estate listings, home buying, selling and relocation information

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Jack and Jayne (Cappabianca) Lamb, REALTORŽ, real estate agents and broker for Winchester, Barkhamsted and Torrington Connecticut home listings, property and land for sale - NUMBER1EXPERT(tm)

Welcome to our Website! Here we hope you will find the necessary information, as a consumer, to help you in your goal to puchase or sell your real estate property in Litchfield County's, Northwest Corner of Connecticut.

Our firm specializes in selling in town, country and lakefront property in the surrounding towns of CT. We cover residential homes, condos, land for sale, and farms in the towns of Winchester/Winsted, Barkhamsted, Torrington, New Hartford, Colebrook and Norfolk. We also cover the other quaint towns in Litchfield County, CT such as Hartland, East & West Hartland and also Burlington & Harwinton.

We hope as the months go by that you will find our website to be your community site. Take a few minutes and explore what is here. We'll be adding more content in the near future. If there is anything you would like to see added, please let us know.

Vitrual Tours! Thinking of Selling? Click on the button "Find Homes", "Our Feature Homes" for sale, to see what a virtual tour can do to enhance your property while it is being marketed. Imagine a potential buyer of your property viewing the neighborhood and walking thru your home without having to make an appointment. Imagine how many false alarms and the frustration this will save you as the homeowner.

Are you a Buyer looking to purchase in Litchfield County, CT? Click on the button "Find Homes" then "Feature Homes". These are our firms listings with a virtual tour. "Search all local listings", offers all the most current homes for sale in the area.

As a consumer, do you need help? Looking for a mortgage, a R.E. attorney, a home inspector? Click on "Resource button". There you will find under Special Offers, local service providers to help you.

Thinking of moving to the area? Try our "Local Information" button. Read about the towns, check out the things to do, and local maps and links.

Moving into the area from another state? Selling or Purchasing for the first time? Check out under "Resources" CT RE Laws for Buyers and Sellers.

Take a few moments and click on all of our links. Read our TESTIMONIALS.
We believe they speak clearly on the quality of our Customer Service.

Lastly, please come back often as we are continuing to update the contents of this site.

Jack and Jayne (Cappabianca) Lamb

Tax Considerations >Tax Implications of Selling Your House

Most of my clients profit from selling their homes, and they often have questions about capital gains tax. When you sell your primary residence, you are not taxed on your profit if (1) you have lived in the home for two out of the last five years and (2) your gain does not exceed $250,000 as a single taxpayer or $500,000 as a married couple filing jointly. Gains above these limits are taxed at the current rate of 15% for higher income taxpayers and 5% for lower income taxpayers. In 2008 the 15% rate will continue for higher income taxpayers; while the 5% lower income rate will drop to 0% for the 2008 tax year only. On January 1, 2009, the long-term capital gains tax rates will once again be 15% and 5% through 2010. Homeowners can use this tax-free provision every two years. As set forth in the American Job Creation Act of 2004, properties converted from a 1031 exchange property into a primary residence must be held and used as a primary residence for at least five years to qualify for the tax exemption. Consult your tax accountant for more detailed information regarding your particular circumstance.

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Q	In what real estate market are more than 90 percent of home sales cash transactions?
A	Palm Beach, home to princes, politicians, and CEOs, has homes from 2,000 sq.ft. condos to 56,000 sq.ft. estates.
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Jack and Jayne
(Cappabianca) Lamb
101 Ridge Street
Winchester, CT
860-379-7613
jackandjayne@charter.net

Jack and Jayne (Cappabianca) Lamb
J Lamb Realty
101 Ridge Street
Winchester, CT. 06098
860.379.7613
860.379.2700
Fax: 860.379.8231
Email: jackandjayne@charter.net

Who are we anyway? While the J Lamb Realty office has only been opened since January 2005, we have been around for a while. Jayne (Cappabianca) Lamb has twelve years in the real estate business while working with a local brokerage firm and is a lifelong resident of Winchester. Jack Lamb has eight years experience as an agent/broker and is also a certified project manager (PMP). We are both full time realtors.

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NUMBER1EXPERTS™ in real estate for Winchester, Barkhamsted and Torrington, Connecticut, luxury homes

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