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20+ Years Experience. Over $75,000,000 In Homes Sold. Top 3% Of All Realtors.... Experience. Integrity. Results. Call me Toll Free at 800.711.3965!
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Buyers Want Your Home for as Little as Possible. Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
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"The most professional and thorough" "We have dealt with many other Realtors throughout the years, and you have been the most professional and thorough." "Dennis and Betsy Queen" Read Quote > View All Quotes >
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|  | | | Tim, Alex, and Collin at Mt. Rushmore July, 2006 | |
|  | | | Dinner and dancing cruise under the rainbow near Lahaina, Maui September 2005 | |
|  | | | Playing the drums at a friends birthday party | |
|  | | | It's Tim and Forrest - Forrest Gump! San Francisco, 2006 | |
|  | | | The whole gang in Colorado, summer 2006 | |
"There is more to life than real estate!"  Tim Ray, a lifetime Spokane resident, has been one of the top real estate professionals in the area since 1988 and is truly Spokane's Number One Expert. Tim has consistently been a top producer who focuses on providing the best personal service available in his market. His outstanding Buyer Services include the finest Spokane Relocation Package available, the exclusive 42 page Spokane Schools 2008 Report, The Daily Hotsheet (an automated daily e-mail with every new listing that meets his clients needs), and the spectacular F.S.B.O. (For Serious Buyers Only) Program that allows his clients to do their own MLS searches. For Sellers, Tim has assembled an incredible marketing program that includes 4 page full color brochures, full color direct mail campaigns, all full color magazine advertising, 5 different virtual tours with exposure on over 15 websites, and much more! His efforts have more than paid off. He has finished the year in the Top Ten for Sales Side Volume 4 times in the Spokane Association of Realtors (out of 2200 agents) and is consistently in the Top 3% of all Realtors. For the most innovative marketing and sales services in the Inland Empire, call Tim Ray and The Specialist Group Toll Free at 800-711-3965. Personally, Tim has many hobbies and passions. He is married to his beautiful wife and "partner-in-crime", Lara. Tim and Lara have a total of 6 children (!), three boys and three girls. Yes, they have heard the jokes.... Fishing, crabbing, baseball, football, computers, music lessons, school activities, play dates, travelling, cleaning the house (?), and cooking are some of their favorite passtimes. Tim is an avowed "wine geek", and loves travelling to wine country. Several trips to the Sonoma/Napa area, Santa Barbara County, Walla Walla Valley, and Red Mountain/Columbia valley have fed this love, increased his collection, and decreased his bank account.... If you need a good wine recommendation, drop him a line! Tim is a music freak and plays all types of drums and percussion instruments. He studied drums privately for 10 years with legendary teacher Ed Brown, and has also studied piano, mallet percussion, and even drove 275 miles every month to Seattle to study Latin percussion with reknowned percussionist Gary Harding. Before real estate, Tim played professionally for several different groups and from the age of 15 taught privately at Ed Brown's Professional Drum Center. From 1983 to 1988 he also taught marching percussion at several local schools, including Mead High School, Shadle Park High School, Central Valley High School, East Valley High School, Deer Park High School, Riverside High School, and Moses Lake High School. These duties included writing, arranging, and teaching the "book" to up to 25 member percussion sections. If you want to get Tim excited, talk about DCI (Drum Corps International)! REAL drum corps is like a Broadway show on a football field. If you have never experienced a Top 12 caliber show, you don't know what you are missing! Tim is also a member of Life Center North Church. He has given his time as a drummer/percussionist with several area worship teams and has recorded studio projects with a few different churches and worship leaders. If you are in the Spokane area, he warmly invites you to come visit Life Center North! They are a casual, fun, and contemporary church family. LCN is located at 202 E. Lyons in north Spokane, inside the old Lyons Avenue Cinemas. Sunday worship services are at 9:00 and 11:00, although Tim and his family can usually be found at the "Saturday Night Life" worship service, which is Saturday nights at 6:00pm. Come and join us. We would love to see you there! While Tim absolutely loves real estate and serving his friends and clients to the best of his ability, he strives to keep personal balance and harmony in his life, knowing there is a lot more to life than real estate. As a wise friend once told him, "Don't get so busy making a living that you forget to make a life!" This is great advice for us all. Blessings! 
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Tax Considerations >Your Tax Free Profits
Significant tax reform legislation was signed into law with the Taxpayer Relief Act of 1997. This legislation replaced both the one-time $125,000 tax-free exclusion for homeowners aged 55 and older, and the "rollover" deferment of capital gains tax requiring the purchase of a replacement home of higher or equal cost within two years of the sale of your principal residence.
With this change, a married couple filing their taxes jointly pays capital gains taxes only on that portion of home sales profits that exceeds $500,000. Single taxpayers, heads of households, and married persons filing separately may exclude up to $250,000. The exclusion is available for all sales of homes that occurred on or after May 6, 1997. Homeowners can use this tax-free provision every two years.
You are allowed to keep these tax-free profits only if you have owned and used the home as your principal residence for two out of the five years prior to the sale of the property. Although the regulations do not require continuous occupancy, the IRS specifies that your principal residence must be the home you use for the majority of time during the year. Consult your tax advisor about your personal circumstance.
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| Q |
Which nation, fueled by an oil and manufacturing boom, claims the world's longest building?
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| A |
The "Linear City" of Malasia is currently the longest.
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See More Real Estate Trivia > |
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Shaun Flanigan/MetLife Home Loans Tim Ray and The Specialist Group recommend Shaun Flanigan at MetLife Home Loans for all of your home loan and mortgage needs! Find Out More > View All Affiliates >
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