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Even with the changes in tax laws over recent years, you may be able to deduct some of the expenses of a move that is the result of a change in your job.

You will probably be able to deduct the costs of your move if your new work location means more than an additional 50-mile commute, if you move within a year of taking the job at the new location, and if you work full-time for at least 39 weeks (the total is 78 weeks if you are self-employed). You should keep meticulous records of all of your expenses and consult a tax expert to make sure that you take all the lawful tax deductions allowed by the IRS criteria for expenses related to selling your old home or buying your new one. The IRS publication No. 521 entitled "Tax Information on Moving Expenses" makes good reading before you make a move.

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Bob Kory Team
Bob Kory Property Management
21945 Katy Freeway Suite A2
Katy, TX 77450
281-394-4608
Fax: 281-840-6924
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Bob is and has been a top Broker in the Katy, TX area for years. He is the founder of Century 21 Western in 1976. He has personally sold over $300 million in sales- specializing in corporate relocation. Bob knows what it takes to sell at top dollar, as well as getting the best value when buying. Whether you are buying or selling a home Bob’s EXPERIENCE and extensive knowledge is exactly what you need in a real estate transaction. Hire Bob and his team today and let them be the difference in your real estate experience!

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