Kelly Richmond has lived in the Reno area since 1970. Reno Realty is a leader in providing Real Estate services in Northern Nevada. 2008 is "The year of the Buyer". Helping Buyers is 95% of my business. Customer Remarks (-click here-).

Housing and Economic Recovery Act of 2008 There's never been a better time to buy. To encourage more Americans to enjoy the benefits of homeownership, a new law has just been enacted putting that dream even more squarely within reach. Now, if you¹re a first-time homebuyer (or if you haven't owned a home within the past three years), you may be eligible for up to $7,500 in tax credits when you buy a new home. Get the details at http://www.federalhousingtaxcredit.com/

The Certified Residential Specialist (CRS) is the highest Designation awarded to sales associates in the residential sales field. The CRS Designation recognizes professional accomplishments in both experience and education.

Kelly Richmond of Reno Realty has successfully completed the REALTOR e-PRO course to become one of a select few real estate professionals to earn the prestigious certification offered through the National Association of REALTORS.®

The Accredited Buyer Representative (ABR®) designation is the benchmark of excellence in buyer representation. This coveted designation is awarded to real estate practitioners by the Real Estate BUYER'S AGENT Council (REBAC) of the National Association of REALTORS® who meet the specified educational and practical experience criteria.

The Graduate REALTOR® Institute (GRI) symbol is the mark of a real estate professional who has made the commitment to provide a high level of professional services by securing a strong educational foundation.

Reno Nevada Real Estate - It's not difficult to understand why many companies are choosing to base their businesses in Reno and relocate their employees here. In a sense, Reno sits at the crossroads of the great West:

The city has easy access both to the beauty of California and Lake Tahoe. Residents enjoy dry, pleasant temperatures year-round; yet, just a short distance away, they can take in a winter wonderland of white-capped mountains and snow-covered trails.

Most important, perhaps, newcomers to Reno discover a wealth of local businesses that have spurred a strong economy and an active real estate market that caters to every preference and desired price range.

Reno Realtor Kelly says, "The best investments that I have ever made have been the homes I have lived in. And, I think this is true for most people."

Northern Nevada Tax Advantages = Nevada’s tourism industry provides a dependable source of tax revenues. This means Nevada’s tax burden on residents and business is one of the lightest in the nation.

• No personal income tax
• Property is assessed at 35% of appraised value. Reno: $3.52 per $100 of assessed value.
• Nevada has No Inheritance, Estate or Gift Taxes
• No corporate income tax
• No inventory,unitary or franchise tax

The Nevada State Legislature has passed a law to provide a property tax cap. Assembly Bill 489, signed into law on April 6, 2005, provides a partial abatement of taxes by applying a 3% cap on the tax bill of the owner’s primary residence.

Tax Advantages of Home Ownership = When you buy a home, you get some tax advantages. You can deduct home mortgage interest, real estate taxes, and loan points.

For most people, the best home deduction is for your mortgage interest. You can also deduct annual taxes based on the assessed value of your property.

When buying a home, you often have to pay points to the lender, in order to get your mortgage. These points can usually be deducted, as a prepayment of interest.

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