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Welcome > Local Info >
Town-4 Information ...
 Bealeton, Virginia is a quiet little town with a lot of country charm. Although, you can miss it in a blink of an eye, there are many things that drive people to this area. It could be the highly admired schools, the impressive land with picturesque views or the direct commute to and from work.
Many residents commute from Bealeton to Northern Virginia and Washington, D.C., and they enjoy the finer things Bealeton has to offer. Residents look forward to the Flying Circus Airshows, an event that will make your heart pound faster. Other events include the Hot Air Balloon Festival and the Fauquier County Fair.
If you want to be in a tranquil setting away from the buzz of a big city, than consider buying Bealeton, Virginia real estate. Even with Bealeton being located in the Washington metropolitan area, residents benefit from the quiet atmosphere Bealeton offers.
The job market is excellent with diverse employment opportunities available. The Washington Metropolitan Area Transit Authority (WMATA) light rail is used by those who work in surrounding areas to get around the region.
 Students receive a quality education from the highly regarded schools of Fauquier County Public School System. Close to 11,000 students are educated annually in two high schools, five middle schools, 10 elementary schools and one alternative school.
There are several housing options to fit your Bealeton real estate needs. You can find single family homes, condos, townhomes and luxury homes on a lot of land. Let Michelle Perkins show you homes for sale in Bealeton.
Useful Links
Flying Circus Airshow - www.flyingcircusairshow.com
Fauquier County Fair - www.fauquierfair.org
Fauquier County Public Schools - www.fcps1.org/education/district/district.php?sectionid=1 
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Tax Considerations >Beneficial Tax Laws American tax law offers a significant capital gains tax exemption that allows taxpaying homeowners to unlock home equity and end the spiraling cycle of "investing up." First-time buyers enjoy expanded rules for Individual Retirement Accounts (IRA) and 401(k) plans, rules that allow penalty-free withdrawals to purchase a home.
Every two years, married sellers of principal residences who file joint federal income tax returns are allowed a $500,000 exclusion ($250,000 for singles) from capital gains tax. For sales that took place after May 6, 2003, the maximum capital gains tax rates for profits above the exclusion dropped from 20% to 15% for higher income taxpayers, and from 10% to 5% for lower income taxpayers.
Homeowners can now consider several new options. People who find themselves at an empty-nester stage (no children at home) in a four or five bedroom home with a large equity have been able to unlock their equity dollars, using the income to help their children buy a first home, take a luxury cruise, remodel the house or purchase a second home for vacation or retirement.
Consult your tax advisor for advice regarding your particular circumstance.
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| Q |
Where can you find the world's largest residential palace?
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| A |
The Istana Nurul Iman, palace of the Sultan of Brunei, includes 2,152,782 square feet, 1,788 rooms, 257 bathrooms and a 110-car garage. |
 See More Real Estate Trivia > |
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NUMBER1EXPERT®
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All rights reserved. All information deemed reliable but not guaranteed.
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