LA Quinta CA - In Spanish it means Country estate or Inn and Estate is exactly what you can have with this amazing lot. Building your dream home in La Quinta just got easier. This massive lot is located in the gated community of Lions Gate. Nestled in the PGA West area of gorgeous south La Quinta. Stunning mountain vista, an enviable quality of life and tranquil sun drenched days await you on this best priced Estate Lot.
Just $259,000 for 1.17 acres. Not just any lot but the second largest in the development. Not just any lot but one that is perfectly positioned and shaped to give you maximum forever views. No one will ever be able to block the views and the orientation of the lot allows for maximum exposure to the South and West. One thing to make note of is the Fact that on a lot this Massive 3 of the walls for the property are in! This is a HUGE savings for you and your future construction. Utilities are on the lot and just need to be connected. Learn More about this property with this link.
Topping off the great price and the amazing location and position is the very low HOA fee. Under $200 a month to live in an area where monthly fees frequently top out over $500. Truly an extraordinary package.
La Quinta is legendary for gracious desert living, World class golf and stunning views make this perfect property the one you call home.
Palm Springs California Area Real Estate
Wednesday, February 26, 2014
Tuesday, February 25, 2014
Palm Desert To Debut Three Popular Retailers
Palm Desert will soon be home to three very popular Retailers. First To open in the Town Center Shopping Plaza will be a large Nordstroms Rack store. Coming soon will be Whole Foods in the same Plaza and H&M in The Westfield Mall complex across the street.
Construction is continuing at a hectic pace on all three locations and from the outside they look almost done.
Just recently Dicks' Sporting Goods Opened a large store in Westfield Mall and the World GYM opened an expanded location there in a relocation move from the Town Center Shopping Plaza across the street.
All ready a leader in Coachella valley retail these are exciting times in the retail sector of Palm Desert to be sure.
FIND: MY HOME IN PALM DESERT CA
Learn: More About PALM DESERT
Visit: The City Of Palm Desert Website
Email Us with your questions at michael@psagent.com or call 760-408-5300
Saturday, February 22, 2014
Perfection Embodied Las Brisas North Home 92201
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- Michael Layton
- Fathom Realty Group
- P: 760-408-5300
- M: 760-408-5300
FEATURES
- Casita
- Huge Master Suite
- Pool Spa Tanning Shelf
- Fireplace
- Remote Ceiling Fans
- 3 Car garage
- Lots Of Closets
- Gated Community
View All Photos: http://www.mysinglepropertywebsites.com/22459 |
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CONTACT INFO   | Michael Layton Fathom Realty Group P: 760-408-5300 M: 760-408-5300 License # 01342880 1775 E Palm Canyon Dr 110-248 Palm Springs, CA 92264 | ABOUT Experience, Trust and Knowledge Who to Choose! There are many people in the market place eager to help you with real estate. I believe it is VERY important that you choose carefully. The person you choose will be helping you make some pretty important financial decisions. That person needs to have a true knowledge of the entire process. Being a multi-million dollar producer is a good thing, and I am one, but in my opinion to understand the investment side of real estate you have to have done it for yourself. I have.  |
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Monday, February 17, 2014
Coachella Festival Returns To Indio
APRIL 11-13 & 18-20 2014
Click on the Poster above to be taken to the complete lineup information page for the event. Spread over two weekends in April one of the top music festivals in the world brings artists from so many genres to the Coachella Valley/Palm Springs area for two weekends in April . A hybrid music festival/Art festival the event is also a big contributor to local charities.
Imagine owning your own great home in INDIO CA just a mile and a half from the fairgrounds! See it here Enjoying this great event would be so much easier with your own private four bedroom pool home! The rental potential would be outstanding.
Coachella Fest is just one of the many great events held each year in Indio. Up and coming is the Stagecoach Music festival and every February you have the Riverside County Fair and Date Festival and there is also a Tamale Festival every December.
There is always something to do in Indio!
Thursday, February 13, 2014
Art Events In The Palm Springs Area
Coming right up on February 22 - 23, 2014 at the Indian Wells Tennis Garden – catch a sneak peek at the revamped facility before the PNB Parriba Open tennis tournament in March. Come to the ARTWALK at the Wells
Learn more at the event Web Site: http://www.westcoastartists.com/artists_cal.html
You will see innovative works in differing styles of contemporary, traditional, modern, and southwest art. Hundreds of talented artists will present their unique works in different media such as acrylic, oils, etchings, mixed media, oils, watercolors, digital and even traditional photography.
Artists and attendees from all over the world converge at this renowned festival of the arts now features more than 250 artists. This festival has grown from its humble roots as a small art affaire in 1986 to become one of the largest – and most acclaimed – art festivals in the country. You will see traditional, contemporary and abstract works of art plus handmade crafts. This event can be seen at the Empire Polo Club in Indio, California.
Learn more about this event at: visit the Southwest Art Festival website today
La Quinta Arts Festival. For a vibrant art experience the nationally renowned La Quinta Arts Festival can’t be beat. Showcasing the area’s most dazzling artists, La Quinta Arts Festival is a 4-day celebration of creative talent and innovation in mediums including sculpture, photography, painting, ceramics, jewelry and much more. 2014 marks the 29th year of this Festival and you can enjoy it on March 6-9th at the La Quinta Civic Center Campus and with a great selection of over 100 artists. Enjoy their work while street performers, public art displays and the surrounding Coral make it a truly memorable day.
Learn more at the official La Quinta Arts Festival website
Art Under the Umbrellas shows are one-day events located in Old Town La Quinta from 10am to 4pm on select Saturdays October thru March. There is Free admission and free parking. Offical Website of Art Under The Umbrellas
Over 80 artists participate at each Art Under the Umbrellas event, located along the closed-off streets of Old town La Quinta. This pretty outdoor venue is reminiscent of Colonial Mexico. Make it a great day outdoors by perusing artist wares, exploring shops, and restaurants.
After all that walking at the art fairs you can put your feet up and discover inspiring and thought provoking cinema at the 2014 Palm Desert Public Art Documentary Film Series. Beginning in January 2014, the public is invited to a fifth season of free screenings of public art-themed documentaries presented by the City’s Public Art Department and the University of California, Riverside Palm Desert Graduate Center. Each screening will include a featured speaker who will discuss that night’s film.
All films screen the third Thursday of the month, January through April, at 6 p.m. in the auditorium at UCR Palm Desert, 75080 Frank Sinatra Drive. Admission is free, but reservations are recommended. For more information, or to make a reservation, please call 760-837-1663.
PALM SPRINGS Not to be left out of the Art scene the Palm Springs offerings include a new Art District info at: http://www.backstreetartdistrict.com/ And an Art Walk the first Wednesday of every month year round.
So don't miss out on the great Art events held Valley wide throughout the year. Just one more reason to visit Palm Springs!
Wednesday, February 12, 2014
Tax Deductions On Your Home Done Right
Tax Time is coming right up. One of the many benefits of home ownership is the tax deductions that you can take. It is very important that you know which ones to take and how to do them to maximize the benefit to you will remaining compliant with the tax code.
This article spells out 6 tricky situations you might find yourself in. Check out this list of six deductions you may or may not qualify for. As always be sure to check with your tax professional to be certain that you are eligible or to answer more complicated questions.
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6 Home Deduction Traps and How to Avoid Them
By: Barbara Eisner Bayer
Published: January 30, 2014
Get an “A” on your Schedule A form: Dodge these tax deduction pitfalls to save time, money, and an IRS investigation.
Trap #1: Line 6 - real estate taxes
Your monthly mortgage payment often includes money for a tax escrow, from which the lender pays your local real estate taxes.
The money you send the bank may be more than what the bank pays for your taxes, says Julian Block, a tax attorney and author of Julian Block’s Home Seller’s Guide to Tax Savings. That will lead you to putting the wrong number on Schedule A.
Example:
Your monthly payment to the lender: $2,000 for mortgage + $500 escrow for taxes
Your annual property tax bill: $5,500
Now do the math:
Your bank received $6,000 for real estate taxes, but only paid $5,500. It may keep the extra $500 to apply to the next tax bill or refund it to you at some point, but meanwhile, you’re making a mistake if you enter $6,000 on Schedule A. Instead, take the number from Form 1098—which your bank sends you each year—that shows the actual taxes paid.
Trap #2: Line 6 - tax calculations for recent buyers and sellers
If you bought or sold a home in the middle of the year, figuring out what to put on line 6 of your Schedule A Form is tricky.
Don’t simply enter the number from your property tax bill on line 6 as you would if you owned the house the whole year. If you bought or sold a house in midyear, you should instead use the property tax amount listed on your HUD-1 closing statement, says Phil Marti, a retired IRS official.
Here’s why: Generally, depending on the local tax cycle, either the seller gives the buyer money to pay the taxes when they come due or, if the seller has already paid taxes, the buyer reimburses the seller at closing. Those taxes are deductible that year, but won’t be reflected on your property tax bill.
Trap #3: Line 10 - properly deducting points
You can deduct points paid on a refinance, but not all at once, says David Sands, a CPA with Buchbinder Tunick & Co LLP. Rather, you deduct them over the life of your loan. So if you paid $1,000 in points for a 10-year refinance, you’re entitled to deduct only $100 per year on your Schedule A Form.
Trap #4: Line 10 - HELOC limits
If you took out a home equity line of credit (HELOC), you can generally deduct the interest on it only up to $100,000 of debt each year, says Matthew Lender, a CPA with EisnerLubin LLP.
For example, if you have a HELOC for $200,000, the bank will send you Form 1098 for interest paid on $200,000. But you can deduct only the interest paid on $100,000. If you just pull the number off Form 1098, you’ll deduct more than you’re entitled to.
Trap #5: line 13 - Private mortgage insurance
You can deduct PMI on your Schedule A Form, as long as you started paying the insurance after Dec. 31, 2006. Congress renewed the PMI deduction for 2012 and 2013 for people making less than $110,000.
Since you're thinking about it, this is also a good time to review your PMI: You might be able to cancel your PMI altogether because your home value has risen and the amount your owe on your mortgage has gone down.
Trap #6: line 20 - casualty and theft losses
You can deduct part or all of losses caused by theft, vandalism, fire, or similar causes, as well as corrosive drywall, but the process isn’t always obvious or simple:
Only deduct losses that are greater than 10% of your adjusted gross income and exceed $100 (line 38 of Form 1040).
Fill out Form 4684, which involves complex calculations for the cost basis and fair market value. This form gives you the number you need for line 20.
Bottom line on line 20: If you’ve got extensive losses, it’s best to consult a tax pro. “I wouldn’t do it myself, and I’ve been dealing with taxes for 40 years,” says former IRS official Marti.
This article provides general information about tax laws and consequences, but shouldn’t be relied upon as tax or legal advice applicable to particular transactions or circumstances. Consult a tax professional for such advice. You can see more articles like this at House Logic
This article spells out 6 tricky situations you might find yourself in. Check out this list of six deductions you may or may not qualify for. As always be sure to check with your tax professional to be certain that you are eligible or to answer more complicated questions.
____________________________________________________________________
6 Home Deduction Traps and How to Avoid Them
By: Barbara Eisner Bayer
Published: January 30, 2014
Get an “A” on your Schedule A form: Dodge these tax deduction pitfalls to save time, money, and an IRS investigation.
Trap #1: Line 6 - real estate taxes
Your monthly mortgage payment often includes money for a tax escrow, from which the lender pays your local real estate taxes.
The money you send the bank may be more than what the bank pays for your taxes, says Julian Block, a tax attorney and author of Julian Block’s Home Seller’s Guide to Tax Savings. That will lead you to putting the wrong number on Schedule A.
Example:
Your monthly payment to the lender: $2,000 for mortgage + $500 escrow for taxes
Your annual property tax bill: $5,500
Now do the math:
Your bank received $6,000 for real estate taxes, but only paid $5,500. It may keep the extra $500 to apply to the next tax bill or refund it to you at some point, but meanwhile, you’re making a mistake if you enter $6,000 on Schedule A. Instead, take the number from Form 1098—which your bank sends you each year—that shows the actual taxes paid.
Trap #2: Line 6 - tax calculations for recent buyers and sellers
If you bought or sold a home in the middle of the year, figuring out what to put on line 6 of your Schedule A Form is tricky.
Don’t simply enter the number from your property tax bill on line 6 as you would if you owned the house the whole year. If you bought or sold a house in midyear, you should instead use the property tax amount listed on your HUD-1 closing statement, says Phil Marti, a retired IRS official.
Here’s why: Generally, depending on the local tax cycle, either the seller gives the buyer money to pay the taxes when they come due or, if the seller has already paid taxes, the buyer reimburses the seller at closing. Those taxes are deductible that year, but won’t be reflected on your property tax bill.
Trap #3: Line 10 - properly deducting points
You can deduct points paid on a refinance, but not all at once, says David Sands, a CPA with Buchbinder Tunick & Co LLP. Rather, you deduct them over the life of your loan. So if you paid $1,000 in points for a 10-year refinance, you’re entitled to deduct only $100 per year on your Schedule A Form.
Trap #4: Line 10 - HELOC limits
If you took out a home equity line of credit (HELOC), you can generally deduct the interest on it only up to $100,000 of debt each year, says Matthew Lender, a CPA with EisnerLubin LLP.
For example, if you have a HELOC for $200,000, the bank will send you Form 1098 for interest paid on $200,000. But you can deduct only the interest paid on $100,000. If you just pull the number off Form 1098, you’ll deduct more than you’re entitled to.
You can deduct PMI on your Schedule A Form, as long as you started paying the insurance after Dec. 31, 2006. Congress renewed the PMI deduction for 2012 and 2013 for people making less than $110,000.
Since you're thinking about it, this is also a good time to review your PMI: You might be able to cancel your PMI altogether because your home value has risen and the amount your owe on your mortgage has gone down.
Trap #6: line 20 - casualty and theft losses
You can deduct part or all of losses caused by theft, vandalism, fire, or similar causes, as well as corrosive drywall, but the process isn’t always obvious or simple:
Only deduct losses that are greater than 10% of your adjusted gross income and exceed $100 (line 38 of Form 1040).
Fill out Form 4684, which involves complex calculations for the cost basis and fair market value. This form gives you the number you need for line 20.
Bottom line on line 20: If you’ve got extensive losses, it’s best to consult a tax pro. “I wouldn’t do it myself, and I’ve been dealing with taxes for 40 years,” says former IRS official Marti.
This article provides general information about tax laws and consequences, but shouldn’t be relied upon as tax or legal advice applicable to particular transactions or circumstances. Consult a tax professional for such advice. You can see more articles like this at House Logic
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