|  | | | Hayton / Lytle Team | |
A Family Business!
The Hayton / Lytle Team is a family team of Realtors consisting of Don and Linda Hayton; their daughter Christine, and son-in-law John Lytle. Linda Hayton - Broker Associate Linda has been with CBSHome since she was licensed in 1993. She enjoys reading. She has an outstanding hosta garden that she maintains and a Palamino Quarter Horse. Linda and Don are both originally from Illinois. They were married in 1968. Don and Linda have 3 children: Mike, Jayne and Christine. They enjoy spoiling all 6 of their grandkids!
Don Hayton- REALTOR Licensed in 1996 after retiring from a defense contracting job. Don is also a retired Lt. Col- US Airforce. After touring the United States, and abroad for over 20 years, Don and Linda decided Bellevue would be a great place to settle down...and it has been! Don is an avid golfer. He and Linda are active members at First Presbyterian Church.
Christine Lytle - REALTOR Listing Coordinator. Graduated from Nebraska Wesleyan University in 1999 with a Bachelors Degree in Art History. Christine loves to cook for her family. She volunteers for W.O.W. at First Presbyterian Church and participates in the Tara Heights Elementary PTO.
John Lytle-REALTOR John graduated from the University Nebraska - Lincoln with Bachelors degree in Electrical Engineering. John is a member of the Bellevue Planning Commission. He too is an avid golfer. Christine and John were married in Bellevue, September of 2000. They have 2 boys, John Gordon and Clayton. They spent 4 years in Colorado and then moved to Omaha to take a job at Boys Town as family teachers. John and Christine joined Hayton / Lytle Team in 2005.
|  | | | INCREDIBLY fun to work with! .... Don Hayton & Christine Lytle of The Hayton / Lytle Team | |
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First Time Buyers >Your Principal Residence
The Federal Tax Code allows married taxpayers to exclude from capital gains taxes up to $500,000 in profits from selling a home (singles can exclude $250,000). In order to qualify for this exemption, you must prove that that the home has been your principal residence for at least two out of the last five years. The establishment of the home as a principal residence depends on the facts of each homeowner's circumstance. Here are two cases to consider.
Homeowner A has lived at 25 Pine Drive for 12 years. Although he stays at his vacation cottage in another town for up to three months out of each year (sometimes more), 25 Pine Drive is his principal residence, where he lives most of the time. When he sells the home, Homeowner A (filing as a single individual) can keep up to $250,000 in tax-free profit.
Homeowner B buys 108 Maple Street, intending to live there. He rents it out while waiting to sell his current home, where he has lived for six years. His principal residence sells at the end of two years. Homeowner B moves into his new house, lives there for three months, and then decides to travel. After a six-month trip, he regrets buying 108 Maple Street and sells it. Even though he has owned the house on Maple Street for over two years, it won't qualify as "owner-occupied", because he only lived in it for a few months. Thus Homeowner B is not eligible to claim the tax exemption when he sells the house on Maple Street.
Consult your tax advisor for advice about your particular circumstance.
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| Q |
What is the fastest-growing state in the U.S.?
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| A |
Nevada, for the 19th consecutive year, according to 2005 Census Bureau statistics. |
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