Bluewater Bay, Niceville, is located in Okaloosa County, in the Panhandle of Northwest Florida. The city is north of Choctawhatchee Bay, Destin and the beaches of the Emerald Coast. In 2007 Bluewater Bay, Niceville, students exceeded state and national averages in SAT and ACT scores. In SAT, they scored an average of math 537, critical reading 527 and writing 507. The national average was 518. The ACT Niceville average was 25.4 compared to a 21.1 national average score. Bluewater Bay, Niceville, is located about 150 miles west of Tallahassee and about 65 miles east of Pensacola. It is a six-hour drive from Atlanta, less than four hours from New Orleans and about seven hours from Disney World. 
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 A land of towering pines and majestic oaks, this part of Florida is largely flat and heavily wooded with scores of lakes, ponds, streams and rivers. Located in the heart of Florida's Emerald Coast, leading vacation publications have recognized Okaloosa County beaches as the world's finest featuring sugar-white sand and emerald green waters. Niceville's population is around 28,000, including Valparaiso and Bluewater Bay area. Bluewater Bay, a residential-resort community located near Niceville, features a 36 hole golf complex with some of Florida's most challenging golf. Also, it is one of the top-ranked tennis centers in the state. The resort, which attracts a large number of European vacationers, is ranked a Top Ten Family Vacation Resort by Family Circle Magazine. 
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 Because Niceville is adjacent to Eglin Air Force Base, it has a large number of military and retired military households. Eglin Air Force Base is the world's largest military facility, encompassing 728 square miles and more than 15,000 active duty personnel. With a population of nearly 200,000 residents, Okaloosa County covers 936 square miles and is Florida's 23rd largest county out of a total of 67 counties statewide. Okaloosa County includes these cities: Fort Walton Beach, Valparaiso, Mary Esther, Destin, Crestview and Shalimar. It the home of Eglin Air Force Base, Hurlburt Field and Duke Field. With the 4-1/2 mile Mid-Bay Bridge connecting Niceville and Destin, many people stay in Niceville and vacation on the beach. One annual event is the October Boggy Bayou Mullet Festival at the Niceville, Florida Area. 
Request our Free Niceville, Eglin AFB and Destin Relocation Package. It's packed full of useful and important information about the Niceville, Eglin AFB and Destin, Florida area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out... It's our job to know EVERYTHING about Niceville, Eglin AFB and Destin! Ask us any question. Or request a FREE information package. There's no obligation, and we promise to get back to you quickly... 
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Investment Real Estate >Investment Property Exchanges
When you buy an investment property, there are two important financial goals to consider. You will want a property capable of producing rental income. When you sell, you hope that the property will have appreciated enough that you will earn a good profit on your investment. If your property has enjoyed a healthy appreciation, you may need to do some careful planning to avoid paying out most of your profits in the form of capital gains taxes.
When selling your primary residence, you may be able to defer your capital gains taxes when you buy your next home. This does not apply, however, to investment property. If you sell one property then purchase another, the taxes will be due for the year the sale occurred. On the other hand, if you arrange to trade one property for another, you may be able to defer the capital gains tax.
It is not as complicated as it sounds! Many real estate agents and attorneys specialize in helping their clients put these kind of transactions together. You don't have to trade buildings with the people buying your property. The property you trade may belong to a third party, and your buyers need only cooperate with the closing attorney to make the transaction work.
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Which home is considered the ultimate in California craftsman-style architecture?
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Located in Pasadena, the Gamble House, built in 1908 by Charles and Henry Greene, is a National Historic Home open to visitors.
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