Search for Properties | Featured Listings | Buying | Selling | Area Info | Contact  Quick Links HOME PAGE HOMES FOR SALE FEATURED LISTINGS FORECLOSURES COMMUNITIES LIST WITH US MEET THE TEAM NEW LISTING ALERT 15 SECOND APPRAISAL SCHOOL INFORMATION HOME BUYING SELLING A HOME FREE REPORTS FORMS HOME FINANCE FINANCING TERMS TOOLS TODAY'S RATES TESTIMONIALS LOCAL NEWS MOVIE TIMES  Communities ALL COMMUNITIES BLUE RIDGE BLAIRSVILLE CHERRY LOG TURTLETOWN ELLIJAY JASPER MORGANTON COPPERHILL HIAWASSEE MURPHY TALKING ROCK MINERAL BLUFF DUCKTOWN HAYESVILLE YOUNG HARRIS DIAL Buying a Home HOME SEARCH NEW HOMES FEATURED LISTINGS OPEN HOUSES NEW LISTING ALERT THE BUYING PROCESS HOME LOAN PROCESS FINANCE CENTER FIRST TIME HOME BUYING HOW TO HIRE AN AGENT HOW TO HIRE AN INSPECTOR INSPECTION CHECKLIST NEGOTIATING AS A BUYER TAX BENEFITS HOME BUYING BUY AS AN INVESTOR BUYERS RESOURCE CENTER DOWN PAYMENT ASSISTANCE BUYING RETIREMENT HOME BUYING FIXER UPPER 2ND HOME BUYER BUILD OWN HOME TYPICAL FAMILY BUYER SINGLE BUYER VACATION HOME BUYER HOME MOLD INSPECTION REMODELING HOME INSURANCE Selling a Home WHY USE US WHY LIST WITH US WHAT IS MY HOME WORTH? WHAT WILL MY HOME SELL FOR? WHICH AGENT IS BEST SELLING YOURSELF SETTING THE PRICE HOME STAGING SELLING PROCESS NEGOTIATING AS A SELLER TAX IMPLICATIONS 1031 TAX EXCHANGE SELLERS RESOURCE CENTER SELLER ASSISTED BUYING Home Loan Center HOME LOAN CENTER LOAN PROCESS TYPES OF LOANS TYPES OF LENDERS 0 DOWN VA VET LOANS FHA HUD COP NEXT DOOR NURSE-DOCTOR HOME LOANS TEACHER HOME LOANS MILITARY HOME LOANS SINGLE PARENTS STATE SPONSORED GIFTING PROGRAM POOR CREDIT RAISE CREDIT SCORE ESCROW CREATIVE FINANCING Property Spotlight 1 of 5 photos Ellijay For Sale $7,900 0 Beds / 0 Baths Buildable, Gentle Wooded Lot that has new survey & soil test complete... more >> 1 of 3 photos Blue Ridge For Sale $31,250 0 Beds / 0 Baths FORECLOSURE LOT!!!! Great lot with Gentle, Rolling Terrain, Mountain View, All paved roads, End of the Road Privacy. Property is being sold as-is with no warranties expressed or implied... more >> 1 of 3 photos Blue Ridge For Sale $33,700 0 Beds / 0 Baths FORECLOSURE LOT!!!! Great lot with Gentle, Rolling Terrain. Long Range Mountain View can be aquired on this lot with tree trimming!! All paved roads, End of the Road Privacy... more >> 1 of 2 photos Ranger For Sale $40,000 0 Beds / 0 Baths Endless Panoramic Mountain Views are what youll get from this 1... more >> 1 of 8 photos Ellijay For Sale $53,000 2 Beds / 1 Baths 40 ft Hy-Line Camper with Bay Window that overlooks the river! Upgrades include high efficiency stack washer & dryer, 2 slideouts, ducted heat and air, six sleeper, 2 door model... more >> 1 of 5 photos Blue Ridge For Sale $55,000 0 Beds / 0 Baths Superb Lot in Upscale Subdivision! Beautiful Panoramic Views of Layers & Layers of Mountains!!.. more >> 1 of 4 photos Ranger For Sale $55,000 0 Beds / 0 Baths Endless Panoramic Mountain Views are what youll get from this 1... more >> 1 of 1 photos Blue Ridge For Sale $114,000 0 Beds / 0 Baths 278 Ft. of Little Fightingtown Creek Frontage!! Gentle laying lot with Easy Creek Access. Excellent Building Site Sits Above this Noisy Creek thats one of North Georgias Premier Trout Streams... more >> 1 of 7 photos Blairsville For Sale $119,900 3 Beds / 2 Baths SHORT SALE!! BRING ALL OFFERS!!!!! Great Low Maintenance Ranch Style Home with Custom Floor Plan!.. more >> 1 of 1 photos Blue Ridge For Sale $134,900 0 Beds / 0 Baths 613 of Little Fightingtown Creek Frontage!! Gentle laying lot with Easy Creek Access. Excellent Building Site Sits Above this Noisy Creek thats one of North Georgias Premier Trout Streams... more >> 1 of 5 photos Blue Ridge For Sale $139,900 0 Beds / 0 Baths 9... more >> 1 of 8 photos Morganton For Sale $149,900 2 Beds / 3 Baths Retreat to the Mountains and Enjoy Getting Away to this 2BR/3BA Cabin with a Year Round Mountain View From All Three Levels!.. more >> 1 of 0 photos Mineral Bluff, For Sale $174,900 2 Beds / 2 Baths Enjoy Peace, Quiet & Privacy in the Mountains from this 2BR/2BA cabin sitting on 6 acres..... more >> 1 of 8 photos Blue Ridge For Sale $189,000 2 Beds / 2 Baths Great Bargain on this 2BR/2BA home sitting on 4... more >> 1 of 5 photos Blue Ridge For Sale $199,000 0 Beds / 0 Baths Over 1300 of creek frontage, rolling pasture land and majestic mountain views all encompass this 12.45 acres... more >> 1 of 0 photos Blue Ridge, For Sale $220,000 1 Beds / 3 Baths Still under construction but approx. 95% complete! 1BR/2BA and sleeping loft on 1.7 acres with 175 of Toccoa River Frontage!! Come in and finish the way you want..... more >> 1 of 8 photos Cherry Log For Sale $259,000 3 Beds / 2 Baths This property has it all...lake frontage, creek frontage, private location and tons of charm! Fully Furnished 2BR/1... more >> 1 of 8 photos Blue Ridge For Sale $275,000 3 Beds / 2 Baths Astonishing Views of Lake Blue Ridge & Multi-Mountain Layers are what youre going to get from almost Every Room of this Cabin!.. more >> 1 of 0 photos Blue Ridge, For Sale $279,000 2 Beds / 2 Baths Prow Front Chalet with tons of glass so you can see the Year Round Long Range Mountain & Pasture views!.. more >> 1 of 0 photos Reliance For Sale $439,000 3 Beds / 3 Baths New 4536 Sq Ft Home In The Mountains Sitting Among Towering Pines And Hardwoods Perched On A Mountain With Mountain Views. National Forest Borders 2 Sides And Offers Total Privacy... more >> View All Our Picks >>   Real Estate Tax Advice in BLUE RIDGE , Georgia You may qualify to exclude from your income all or part of any gain from the sale of your main home. Your main BLUE RIDGE home is the one in which you live most of the time. Ownership and Use Tests To claim the exclusion, you must meet the ownership and use tests. This means that during the 5-year period ending on the date of the sale, you must have: Owned the BLUE RIDGE home for at least 2 years (the ownership test) Lived in the BLUE RIDGE home as your main BLUE RIDGE home for at least 2 years (the use test) Gain If you have a gain from the sale of your main home, you may be able to exclude up to $250,000 of the gain from your income ($500,000 on a joint return in most cases). If you can exclude all of the gain, you do not need to report the sale on your tax return If you have gain that cannot be excluded, it is taxable. Report it on Schedule D (Form 1040) Loss You cannot deduct a loss from the sale of your main home. Worksheets Worksheets are included in Publication 523, Selling Your Home to help you figure the: Adjusted basis of the BLUE RIDGE home you sold Gain (or loss) on the sale Gain that you can exclude Reporting the Sale Do not report the sale of your main BLUE RIDGE home on your tax return unless you have a gain and at least part of it is taxable. Report any taxable gain on Schedule D (Form 1040). More Than One Home If you have more than one home, you can exclude gain only from the sale of your main home. You must pay tax on the gain from selling any other home. If you have two BLUE RIDGE homes and live in both of them, your main BLUE RIDGE home is ordinarily the one you live in most of the time. Example One: You own and live in a house in the city. You also own a beach house, which you use during the summer months. The house in the city is your main home; the beach house is not. Example Two: You own a house, but you live in another house that you rent. The rented house is your main home. Business Use or Rental of Home You may be able to exclude your gain from the sale of a BLUE RIDGE home that you have used for business or to produce rental income. But you must meet the ownership and use tests. Example: On May 30, 1997, Amy bought a house. She moved in on that date and lived in it until May 31, 1999, when she moved out of the house and put it up for rent. The house was rented from June 1, 1999, to March 31, 2001. Amy moved back into the house on April 1, 2001, and lived there until she sold it on January 31, 2003. During the 5-year period ending on the date of the sale (February 1, 1998 - January 31, 2003), Amy owned and lived in the house for more than 2 years. Amy can exclude gain up to $250,000. However, she cannot exclude the part of the gain equal to the depreciation she claimed for renting the house.

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