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Cooper City is a small residential community in Southeast Florida, a short commute from the metropolitan centers of Fort Lauderdale and Miami.  |  | | | | |
 More specifically, the city is located in southwest Broward county -- west of Hollywood, north of central Pembroke Pines, south of Davie and Plantation. Cooper City has been designated "Tree City, U.S.A." because of the proliferation of shade and specimen trees in our many neighborhoods and along our thoroughfares. This abundance grew out of the city's intensive tree planting programs carried out over the years. Photos of some of our favorites are scattered throughout the site. Cooper City calls its seven square miles "Someplace Special." It is composed mostly of upscale housing developments. It has been designated "Tree City, U.S.A." because of the city's intensive tree planting programs conducted over the years. The mostly sunny climate is ideal for the enjoyment of many outdoor sports. There are many beautiful city and county parks to visit. Both Pembroke Pines, Cooper City and Davie are just a short commute to the metropolitan centers of Fort Lauderdale and Miami. For more information on the community of Cooper City, please go to the Cooper City Chamber of Commerce at; Request my Free Pembroke Pines, Cooper City and Davie Relocation Package. It's packed full of useful and important information about the Pembroke Pines, Cooper City and Davie, Florida 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...
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Tax Considerations >Tax Rewards for Homeowners
The Federal Tax Code has significantly improved the American taxpayer's ability to profit by selling a principal residence. Prior to 1997, homeowners could take advantage of a tax benefit termed the "rollover", which granted exemption from capital gains taxes on the net profit from the sale of a home. Homeowners who used profits to purchase a bigger and better home did not have to pay tax. And homeowners over the age of 55 were given a once-in-a-lifetime exclusion from taxes on profits of up to $125,000 on the sale of their principal residence.
Compare those tax breaks with our current, streamlined and potentially more profitable arrangement that replaced both the rollover and the one-time exemption. If you are a married home-seller filing jointly, you may enjoy up to $500,000 in tax-free home sale profits, provided you have occupied the property as your principal residence during two of the last five years. Taxpayers who file singly get a $250,000 capital gains exclusion. Homeowners are eligible to exclude capital gains on the sale of a principal residence as often as once every two years.
The law allows capital gain exclusions whether you "buy up" to a more expensive home or "buy down" to a less expensive one. The tax-free dollars can be used in any way you want. Consult your tax advisor for detailed advice about your particular circumstance.
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| Q |
What house is considered to be the first house with running water in America?
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| A |
John Headly's home built in Newport, RI in 1723, was equipped with an underground pipe from the nearby spring.
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