Monthly Archives January 2016

Flathead housing market still strong, business climate rich with options

Sunday, January 21, 2007 1:00 am By NANCY KIMBALL, The Daily Inter Lake Never mind what the rest of the country’s housing market is doing. Flathead County’s housing market is very much alive and well, representing nearly one fifth of the total new-home market in Montana. And, to generate a living for the families buying those homes, the Flathead business community may do well to focus on producing more of the raw materials needed by local industries in order to stem the tide of exported dollars. That was just a small part of what Kalispell appraiser Jim Kelley and Flathead Valley Community
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Categories: News.

Real Estate Sales of Residence Tax Tips

Are you thinking of selling your home in Whitefish Montana? You may qualify to exclude from your income all or part of any gain from the sale of your main home. Your main home is the one in which you live most of the time. Ownership and Use Tests To claim the exclusion, you must meet the ownership and use tests. This means that during the 5-year period ending on the date of the sale, you must have: Owned the home for at least two years (the ownership test) Lived in the home as your main home for at least two years
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Categories: News.