Key Insights for 2024: Residential Real Estate Tax Implications
As we step into 2024, it’s crucial to understand taxes concerning residential properties both in Summit County, CO and throughout the country. Whether you’re a seasoned investor or a homeowner looking to optimize your tax situation, staying abreast of the latest regulations and strategies is pivotal. Below are some essential insights to empower you with […]
Unlocking Secrets of Property Tax Appeals
Ah, the joys of being a homeowner in Colorado’s we-inspiring mountain towns. The panoramic views, crisp mountain air, and recreational opportunities make it a dream location. However, alongside these perks comes the not-so-pleasant reality of skyrocketing property taxes. But fear not! As a homeowner, you hold the power to challenge inaccuracies and over-assessments through the […]
Strategies for Sellers to Defer Capital Gains Taxes
Strategies for Sellers to Defer Capital Gains Taxes 1031 Exchanges, Delaware Statutory Trusts & Opportunity Zones Presented by The Skinner Team |KW Top of The Rockies This information may be advantageous for you when it comes time to sell your investment property. Each of these strategies outlined below can be great options to defer or […]
Life at Altitude – February 2022
Life at Altitude with Danielle Connor February 2022 Second Home & High-Balance Loan Changes & What This Means For Our Market I was going to write a “February Fun” post about winter home care tips and enjoying Summit in the Snow- that is until Lender Letter(LL-2022-01) came out on January 5th. This piece of (electronic) […]
Federal Housing Finance Agency Resources
The FHFA has compiled information to help homeowners (and renters) effected by the Coronavirus. If your loan is owned by Fannie Mae or Freddie Mac (You can check here for Fannie Mae, and here for Freddie Mac) then you might be eligible for help if coronavirus has effected your job status or health. FHFA information […]
Summit County, CO Tax Information & Resources
2019 was a Reappraisal Year – Summit County, CO Did you receive your Notice of Valuation in May? 2019 was a reappraisal year. Notices of Valuation were sent on May 1, 2019. Colorado statute requires the Assessor to use data from a minimum period of 18 months prior to June 30, 2018 to determine 2019 […]
Best Financial Investments for Your Home
Best Financial Investments for Your Home Posted on Nov 22 2017 – 10:31am by Housecall576 By Craig Middleton Over the last couple of years, rehabbing TV shows have become increasingly popular. In these shows, people fix or introduce new features to their homes while adding substantial market value to the house in the process. If you own a home, […]
Tax Season Is Around The Corner
Summmit Mountain Rentals has an amazing blog on their website to help renters and homeowners. A great post for this time of year is their “A Step-by-Step Guide to Vacation Rental Taxes”. It is important as an income property homeowner to know what steps to take this tax season. A STEP-BY-STEP GUIDE TO VACATION RENTAL TAXES By […]
Annual Credit Report
Don Reynolds, a Senior Loan Officer (CMPS) at Envoy Mortgage, sent out this great email this month: I hope this email finds you well. I wanted to send you a friendly reminder to obtain a free copy of your credit report by going to AnnualCreditReport.com. This site is an initiative mandating that the 3 major […]
6 IRS Audit Triggers and How to Avoid Them
Tax season is around the corner and RealorMag is here to help with useful tips on how to avoid an audit. 6 IRS Audit Triggers and How to Avoid Them Use these tips for keeping better track of your business expenses. NOVEMBER 2016 | BY QUICKBOOKS SELF-EMPLOYED The end of the calendar year is approaching, […]
