Your Source for Summit County Real Estate
The huge gains in property value most homeowners have seen over the last couple of years is making homeowners considering cashing out that gain by selling their home. There are several factors to consider when making this decision. The most obvious consideration is where to move to. People think about where to live, how much […]
If you have a vacation home in Summit County, or anywhere in the US, that you rent out part time, what you can or cannot deduct can get a little sticky. How many days a year do you use your vacation home? How many days to you rent it to others at fair market rent? […]
Another summer has come and gone. So has the busiest time of year for real estate sales. That doesn’t mean it’s time to throw in the towel and put your dreams of selling your home on hold until the weather warms up. Here are 7 reasons to sell before 2020. 1. More Motivation As the […]
Wildfire mitigation pays off, in more ways than you know. Not only does wildfire mitigation help save your property when it’s threatened by wildfire but you can also reduce your taxes up to $2500 for some or all of the amount you spend. Now that’s a good deal! According to the Colorado Department of Revenue, […]
If you can avoid taxes on the return from your investment, you have the opportunity to compound and accelerate its growth. Did you know your home value grows tax free up to a certain amount? Did you know income on the sale of an investment property or second home is taxed at a reduced rate from […]
It’s hard to have a bad day when you’re hiking or skiing or having a picnic in the park. Nature has a way of releasing tensions and refreshing me. A lot of kids in the Denver Metro area don’t get to experience that for a variety of reasons. Shiloh House, a non-profit organization in Littleton, takes […]
If you are renting your vacation home, or are thinking about renting it out, there are tax implications you may want to take into consideration. For example, if you only rent it out once or twice a year, you may not have to pay taxes on the income. Watch this quick video from the IRS […]
Owning a home can pay off at tax time. Take advantage of these home tax deductions and strategies to lower your tax bill: Mortgage Interest Deduction One of the neatest home tax deductions itemizing homeowners can take advantage of is the mortgage interest deduction, which you claim on Schedule A. To get the mortgage interest deduction, your mortgage […]
The state of Colorado charges non-residents 2% of the sale price when they sell their vacation home or investment property. Believe it or not, it’s not a penalty for those unlucky people that don’t live in Colorado, it’s actually an incentive for them to file a Colorado tax return. If you are a non-resident you […]
Last week I was talking with a friend of mine about a parcel of land called the Giberson Preserve. It is one of Frisco’s last truly beautiful parcels of privately held land still in its original state. The Continental Divide Land Trust (CDLT) holds a conservation easement on it so that it can never be developed. When I told my friend that […]
101 Main St, #109, PO Box 4115 Frisco, CO 80443
