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|  | | | DENTON | |
 DENTON
When it comes to blending sights and sounds, Denton is a virtual orchestra of small town charm and big city arts, culture, education and entertainment. Denton is a town without limits maybe due to the international feel of the university communities with a combined student population of 40,000, a world renowned jazz band, the serene beauty of Texas's finest horse country and hospitality. It's music, museums, history, family, friends,festivals, high learning, antiques, displays of heart and home everywhere.
New to Denton is the Water Works Parks which opened the summer of 2003. The water park features lazy river, childrens play area, water slides, and an indoor Natatorium. Other recreation and sports facilities include: areas golf courses, Championship frisbee golf course, auto racing at Texas Motor Speedway, biking at Greenbelt Trail, football at area High Schools and UNT, fishing and skiing at Lake Ray Roberts.
In the spring and summer Denton come alive and festivals and concerts. During the months of May and June the Denton Main Street Program presents a FREE concert series featuring a variet of musical styles. Bring a picnic basket, blanket or chairs and enjoy an evening of great live music. Concerts are held on the lawn of the Denton County Courthouse downtown. Also in June downtown a Saturday is devoted to Man's best friend during the popular "Dog Daze of Summer" with games, doggie costumes, dog tricks, doggie parade and displays with canine information, food, and crafts.
During the winter The Denton Main street Program also sponsers "Christmas on the Square" with carriage rides, caroling, hot cider and shopping. The downtown merchants open there doors that evening for everyone to enjoy Christmas decorations and enjoy doing a little Christmas shopping. It has become to many a Christimas tradition and fun for the whole family.
Denton offers many places to stay while you visit before making Denton you hometown. We have two wonderful bed and breakfast Inns: The Heritage Inn Bed and Breakfast Cluster; The Redbud House, The Magnolia House, The Pecan House. The Wildwood Inn, Dentons newest, offers 13 rooms and has a European flair.
The Wildwood Inn
Other helpful websites about Denton:  CORINTH
The city of Corinth is strategically located along the I-35 corridor between Denton and Dallas. The city adopted the slogan of "Gateway to success" because of the family friendly atmosphere and its great location. Offering a high quality lifestyle, Corinth has many building opportunities for business and residential homes. For More information on Corinth go to the City's Website. |  | | | | |
FLOWER MOUND, TEXAS
Flower Mound, south of Denton and northwest of Dallas in south central Denton County, is a residential suburban community of 20,000 acres on the shore of Grapevine Lake. It was established soon after Sam Houston settled a tribal dispute in 1844 and Indian raids in the area creased. Permanent settlers moved in, attracted by the quality of the soil, which was suitable for raising cotton, corn and wheat. The Peters Colony named the town for a fifty foot high mound covered with Indian Paintbrush. The mound was once used by Indians as a holy place. Unlike many pioneer settlements in Denton County that were bypassed by the railroads in the late nineteenth century or unable to survive the Great Depression, Flower Mound maintained a steady population throughout the first four decades of the twentieth century and became a substantial farming and cattle raising community. In the mid 1950's the town began to grow. The lake stimulated the economy of the community and attracted workers who preferred to live outside the central Dallas area.
Flower Mound, Texas is a family-friendly community with an exceptional quality of life, while also maintaining one of the lowest tax rates in the Metroplex. Money magazine recently rated the town as the best place to live in Texas and the second best in the entire western United States in our population category. It's my job to know EVERYTHING about my area Ask me any question. Or request a FREE information package. There's no obligation, and I promise to get back to you quickly...
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Tax Considerations >Tax Implications of Selling Your House Most of my clients profit from selling their homes, and they often have questions about capital gains tax.
When you sell your primary residence, you are not taxed on your profit if (1) you have lived in the home for two out of the last five years and (2) your gain does not exceed $250,000 as a single taxpayer or $500,000 as a married couple filing jointly. Gains above these limits are taxed at the current rate of 15% for higher income taxpayers and 5% for lower income taxpayers. In 2008 the 15% rate will continue for higher income taxpayers; while the 5% lower income rate will drop to 0% for the 2008 tax year only. On January 1, 2009, the long-term capital gains tax rates will once again be 15% and 5% through 2010.
Homeowners can use this tax-free provision every two years. As set forth in the American Job Creation Act of 2004, properties converted from a 1031 exchange property into a primary residence must be held and used as a primary residence for at least five years to qualify for the tax exemption.
Consult your tax accountant for more detailed information regarding your particular circumstance.
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| Q |
What acclaimed house built of stone, concrete, and glass is built over a waterfall?
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| A |
Fallingwater in Mill Run, PA, built by architect Frank Lloyd Wright, is one of the most-visited homes in the U.S.
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