About the Door County and Fish Creek and Egg Harbor, Wisconsin Area  |  | | A Door County Summer Day |
Door County is a peninsula, totally surrounded by the fresh water of Lake Michigan. Our location allows us to enjoy the beautiful sunrises over Lake Michigan to our East, and the spectacular sunsets over the waters of Green Bay to our west.
|  | | Door County Summer Day |
My husband, Bob, and I moved to Door County for the same reason many of my clients and customers do - for a change in lifestyle. We are fortunate enough to live where we can enjoy the relaxed atmosphere created by the forests, bluffs, meadows and the lake. The beauty of our peninsula is unmeasured.
|  | | Calm Waters Of Door County |
Recreational activities on the peninsula include sailing, fishing, golfing, swimming, biking, hiking trails through all five of our State Parks, cherry and apple picking, and numerous festivals and art fairs. In the quiet winter months, visitors and residents enjoy the groomed cross-country ski trails and snowmobile trails as well as the horse-drawn sleigh rides.
There is so much more that Door County has to offer, and I would love the opportunity to tell you why this is the best place to be. Just give me a call, toll-free at 1-888-678-3949 or email me at connieerickson@numberone.com and I promise to give you the Best in Personal Service and Results with Integrity. Request my Free Door County and Fish Creek and Egg Harbor Relocation Package. It's packed full of useful and important information about the Door County and Fish Creek and Egg Harbor, Wisconsin area. Don't move here without it! Remember: I'll send it to you for free and without obligation. Just fill out the form and I will send it right out... It's my job to know EVERYTHING about Door County and Fish Creek and Egg Harbor! Ask me any question. Or request a FREE information package. There's no obligation, and I promise to get back to you quickly... 
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Tax Considerations >New 1031 Exchange Rules
One of the most popular "tax deferring" strategies for real estate owners who are selling one property and acquiring another is the use of Section 1031 of the Internal Revenue Code. It is an effective way to defer paying income tax on capital gain generated by the sale of a property when you intend to reinvest the proceeds in a similar, "like-kind" property. Almost any kind of real property is considered "like-kind" with any other real property.
A recently enacted law closes what was considered a loophole in the Section 1031 rules. In some cases, owners of investment real estate have used the 1031 Exchange to swap their investment property for real estate that could be readily converted to an owner-occupied residential property. After the exchange, they made the property into their principal residence, lived in it for a couple of years, then sold it. Now the American Job Creation Act of 2004 has ruled that properties converted from a 1031 exchange property into a residence must be held and used as a principal residence for at least five years to qualify for the tax exemption. Otherwise, the basic tax-deferring benefits of 1031 exchanges remain the same.
Consult your tax advisor for more detailed information.
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| Q |
Where would you go to enjoy a soak in the world's largest bathtub?
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| A |
The Spa Resort Hawaiians in Fukushima, Japan, offers an outdoor soaking tub that occupies a total area of 10,760 square feet and can accommodate 1,500 persons at one time. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERT™ 
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