McGee Lane Self Storage- Lewisville, TX
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McGee Lane Self Storage- Lewisville, TX
McGee Lane Self Storage - Lewisville, TX McGee Lane Self Storage- Lewisville, TX: Also serving Highland Village, Corinth, Lake Dallas & Flower Mound
Southern Packaging, LP

McGee Lane Self Storage offers extra wide streets for easy access. Customers can access their non-climate controlled storage unit by simply backing their vehicle right to the storage unit door.Details

Storing & retrieving your belongings is a breeze at McGee Lane Self Storage because our units are built with single story construction so there are no stairs to climb. Details

We offer larger self storage rental units that are designed for business and commercial customer storage use. Open a commercial account with us and save your valuable office or retail space. Details
We offer outside self storage space that is ideal for trailer, boat and RV storage and other items which do not require indoor housing, but need a supervised place to park. Details

Whether you're moving to a new apartment across town
or a new house on the other coast, we've got the perfect
moving truck rental for you
from the Budget Truck
Rental fleet.Details

All of our Budget Truck
Rental moving trucks are
available for one-way and
local moves, except cargo
vans and trucks with lift-
gates are only available for
local moves. Details

We do not carry 26ft, 17ft,
14ft or 12ft trucks that
several of our competitors
carry. We feel our custom-
ers are very satisfied with
our selection of moving
trucks & cargo vans. Details
Online Reservations
McGee Lane FAQs
What are your rates? What are your hours of operation? Should I make a reservation? Do I need insurance? Your most frequently asked quesions answered here! Details

Here are some helpful suggestions to keep your valuables and keepsakes stored safely. For more suggestions, please contact us. Details
Packing & Moving Tips
Nothing will make your move go smoother than detailed planning. This guide will help you prepare for one of the least favorite tasks in modern life ... moving! Details
Packing & Moving Tips
Buying or selling a home can be a long and complicated ordeal. To assist you in this process, we are pleased to provide comprehensive online tips and resources. Details
McGee Retail Center Location
McGee's Retail Center is conveniently located in the heart of the areas we serve: Lake Dallas, Flower Mound, Lewisville, Highland Village & Corinth, Texas.Details
Online Reservations
Climate Controlled Storage
Prime Location. Within a 5
mile radius of McGee Lane Retail Center there is a
rapid population growth whose median income exceeds $78,000.
Details
McGee Retail Center pro-
vides ample well-lit park-
ing. Easy rear access,
paved, over 40 feet wide,
allows easy turnaround of
large trucks. Details
McGee Lane Self Storage- Lewisville, TX
Reserve Lewisville Storage Space ONLINE Pay Montly Storage Rental Fees ONLINE

Impact of Tax on Sale of Home

Check with your tax consultant..

Tax Impact of Selling Your Home- Home Selling Tips from McGee Lane Self Storage

Selling a home can have a major impact on your federal and state tax returns. You should check with your tax consultant on how these factors can effect your specific tax status, and to do any tax planning that may decrease the tax liability caused by the sale of your home.

Factors that can effect your capital gain tax on home sale:

  • Did you purchase your home or acquire it by gift or inheritance?
  • Did you use your home partly for business or rental?
  • Costs associated with selling your home.
  • Home improvements or additions, which may help to offset capital gains.
  • Gain from the sale of a prior home on which tax was postponed prior to the enactment of the federal Taxpayer Relief Act of 1997.

    The federal Taxpayer Relief Act of 1997 says when you sell your home you can keep, tax free, capital gains of up to $500,000 if you are married filing jointly or $250,000 for single taxpayers, or married taxpayers who file separately. To qualify for the exclusion, you must have used the home as your principle residence for at least two of the prior five years. It is not a one time tax exclusion. You can use the exclusion as often as you meet the qualifications.

    The federal Internal Revenue Service Restructuring and Reform Act of 1998 further clarified the law and says you can prorate the $500,000/$250,000 exclusion (not your specific gain) if unforeseen events, such as a job change, illness, or some other hardship forced you to sell before you meet the two-year residency requirement.

Many, but not all federal tax benefits are also available from state tax departments. Be sure to discuss your move with a tax professional familiar with state tax rules, especially if you are moving from one state to another.

McGee Lane Self Storage- Packing, Moving & Self Storage Solutions

Contact McGee Lane Self Storage Today!

Just give us a call, or complete our contact form, and we will quickly get back to you! Please give us as many details as possible.

HOME SELLING TIPS
McGee Lane Self Storage Lewisvile Texas
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