Mark E. Gualano, LLC - Attorney at Law

01/25/2023

Happy Tax Season! Here is a helpful article regarding capital gains…

“The single biggest asset many people have is their home, and depending on the real estate market, a homeowner might realize a huge capital gain on a sale. The good news is that the tax code allows you to exclude some or all of such a gain from capital gains tax, as long as you meet all three conditions:
You owned the home for a total of at least two years.
You used the home as your primary residence for a total of at least two years in last five-years before the sale.
You haven't excluded the gain from another home sale in the two-year period before the sale.
If you meet these conditions, you can exclude up to $250,000 of your gain if you're filing as single, head of household, or married filing separately and $500,000 if you're married filing jointly.”

A capital gain occurs when you sell something for more than you spent to acquire it.

04/01/2020

https://spark.adobe.com/page/uMzfR8BqamyTT/

03/15/2020

March 15, 2020

Greetings to our clients and friends:

Some of you may be wondering what we are doing to protect our clients and our team members from the COVID- 19 Coronavirus.

Our office will remain open to serve our clients. However, if you feel you have been exposed to the virus or simply do not feel well, please wait until you feel better and you are sure you do not have the Coronavirus before coming to see us. We enjoy seeing all our clients but we value your health more.

We do want all our clients and friends to know that we are taking the Coronavirus situation seriously and doing what we can to protect our clients, friends and team members.

We are adhering to the USA Department of Labor, Health & Human Services OSHA Guidelines for Preparing Workplaces for COVID-19.

We are wiping down all chairs, door handles, computer keyboards and mouses often.

We are washing our hands often including before and after meeting with clients to avoid spreading the virus unknowingly.

We have an office forehead thermometer available for peace of mind.

In some instances, an online closing may be available if you do not wish to come in.

I hope you find this information helpful and feel confident that we are taking all reasonable precautions to protect us all from the COVID-19 virus and thus allow us to continue serving you.

Peace and Health to you,

Mark E. Gualano

07/18/2019

Several teams within the Vestavia Hills Youth Baseball network put together successful spring seasons, with teams ranging in age from six and under to high school.

03/15/2019

We have a visitor in the office! Banks Howell says “Hello, World!”

03/08/2019

Noooo!

Metro Diner's restaurants have been featured on Food Network and won several awards but now Metro Diner closes it's Vestavia Hills location.

02/16/2019

See details for 2383 Lime Rock Rd, Vestavia Hills, AL 35216, 5 Bedrooms, 4 Full Bathrooms, 3184 Sq Ft., Price: $479,900, MLS #: 840764, Courtesy: RealtySouth-OTM-Acton Rd, Provided by: RealtySouth

01/05/2019

See details for 3405 Norwich Dr, Vestavia Hills, AL 35243, 3 Bedrooms, 3 Full Bathrooms, 3520 Sq Ft., Price: $389,900, MLS #: 831947, Courtesy: RealtySouth-OTM-Acton Rd, Provided by: RealtySouth

03/29/2018

https://www.msn.com/en-us/money/realestate/warren-buffett-is-now-americas-no-2-real-estate-broker/ar-AAveCfJ?ocid=spartandhp

Warren Buffett didn’t have much luck in the blockbuster-deals department last year, but his real estate brokerage business is on a tear.

02/27/2018

01/25/2018

http://www.wiat.com/news/local/new-york-based-developer-wants-feedback-to-improve-vestavia-hills-shopping-center/937916009

VESTAVIA HILLS, Ala. (WIAT) -- A New York-based development group hopes to make improvements to Vestavia Hills' City Center shopping area by asking for feedback from people who visit.