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Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from The Chris Kare Home Team, a proven Orland Park, Frankfort and Tinley Park, Illinois NUMBER1EXPERT™ Top Selling real estate agent. Find Orland Park, Frankfort and Tinley Park Homes - Find Orland Park, Frankfort and Tinley Park, Illinois real estate listings & homes for sale provided by The Chris Kare Home Team, your local expert real estate agent. Luxury Homes, New Construction For Home Buyers - Get home buying information, the latest listings, mortgage informaiton, expert advice, and much more from The Chris Kare Home Team, a proven Orland Park, Frankfort and Tinley Park, Illinois NUMBER1EXPERT™ Top Selling real estate agent. For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from The Chris Kare Home Team, a proven Orland Park, Frankfort and Tinley Park, Illinois NUMBER1EXPERT™ Top Selling real estate agent. Orland Park, Frankfort and Tinley Park Information - Find local information on Orland Park, Frankfort and Tinley Park, Illinois including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by The Chris Kare Home Team, a proven NUMBER1EXPERT™ Top Selling real estate agent. Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from The Chris Kare Home Team, a proven Orland Park, Frankfort and Tinley Park, Illinois NUMBER1EXPERT™ Top Selling real estate agent. About The Chris Kare Home Team - Information about The Chris Kare Home Team including testimonials, guarantees, credentials, and contact information. Learn why The Chris Kare Home Team is a proven Orland Park, Frankfort and Tinley Park, Illinois NUMBER1EXPERT™ Top Selling real estate agent. 
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Tax Considerations >Beneficial Tax Laws American tax law offers a significant capital gains tax exemption that allows taxpaying homeowners to unlock home equity and end the spiraling cycle of "investing up." First-time buyers enjoy expanded rules for Individual Retirement Accounts (IRA) and 401(k) plans, rules that allow penalty-free withdrawals to purchase a home.
Every two years, married sellers of principal residences who file joint federal income tax returns are allowed a $500,000 exclusion ($250,000 for singles) from capital gains tax. For sales that took place after May 6, 2003, the maximum capital gains tax rates for profits above the exclusion dropped from 20% to 15% for higher income taxpayers, and from 10% to 5% for lower income taxpayers.
Homeowners can now consider several new options. People who find themselves at an empty-nester stage (no children at home) in a four or five bedroom home with a large equity have been able to unlock their equity dollars, using the income to help their children buy a first home, take a luxury cruise, remodel the house or purchase a second home for vacation or retirement.
Consult your tax advisor for advice regarding your particular circumstance.
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| Q |
What famous Art Deco skyscraper is decorated with eagle hood ornaments, hubcaps and abstract images of cars?
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| A |
New York's Chrysler Building, designed by architect William Van Alen in 1930, was one of the first buildings composed of stainless steel over a large surface area.
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