Beautiful Housescary perkinsCurrent Portland Real Estate Market InformationDaily House IdeaDecorating IdeasFront doorGardens and Landscapehouse idea of the dayHouse Ideaskitchen ideasMovingMoving to PortlandPortland OregonPortland Real Estate DataPortland Real Estate Statistics March 21, 2012

Cost -vs- Value on Home Remodeling

Get started on those home repairs, knowing what type of return they’ll have when selling your house.

From a minor kitchen remodel & cabinet re-facing -vs- major kitchen with new cabinets, and from attics to basements, this report is a useful guide explaining what you can expect to recoup during your home sale.  If spiffing up your house will help you to enjoy it while you’re living there AND you get a 91.5% return on your expense, why not call the contractor?

Also included is a link to the 2011-2012 Remodeling Cost vs. Value Report.  This has national numbers and also drilled-down data for Portland here.

As always, if you have specific questions on what you might do to improve your home for sale, I’d love to come over and take a look around.  And for fun do-it-yourself projects, visit my Pinterest page for my collection of fabulous projects.  Please check back frequently – I add new content weekly.

cary perkinsMovingMoving to PortlandORPinterestPortland Oregon March 10, 2012

Moving to Portland Oregon

What better way to explore Portland than through pictures?  I’ve been collecting scenes from Portland, and have started to keep a file on a Pinterest page.  You can find it by clicking here.

 

Check back often, or subscribe to my Pinterest page.  You’ll also find pages on mid-century love, do-it-yourself ideas, restaurants, and awesome looking spaces to dream about in your next home in Portland, Oregon.  Obviously, I’m also the person to help you find it.  I love Portland, and I’ll show you nooks and crannies that will help you to love it too.

 

3.8 % Real Estate Taxcary perkinsCurrent Portland Real Estate Market InformationPortland Real Estate DataPortland Real Estate StatisticsReal Estate Tax February 24, 2012

The 3.8% Tax Effective January 2013

 
 
 
  
Beginning January 1, 2013, a new 3.8 percent tax on some investment income will take effect.  Since this new tax will affect some real estate transactions, it is important to clearly understand the tax and how it could impact your transaction.  If’s a complicated tax, so it’s hard to predict how it will affect every buyer or seller.

To get you up to speed about this new tax legislation, the NATIONAL ASSOCIATION OF REALTORS® has developed this informational brochure.

On the following pages, you’ll read examples of diff erent scenarios in which this new tax — passed by Congress in 2010 with the intent of generating an estimated $210 billion to help fund President Barack Obama’s health care and Medicare overhaul plans — could be relevant to your transaction.

Understand that this tax WILL NOT be imposed on all real estate transactions, a common misconception. Rather, when the legislation becomes eff ective in 2013, it may impose a 3.8% tax on some (but not all) income from interest, dividends, rents (less expenses) and capital gains (less capital losses).  The tax will fall onlywillon individuals with an adjusted gross income (AGI) above $200,000 and couples filing a joint return with more than $250,000 AGI. 

For more information, please click here.

 
As always, I recommend you speak to your accountant to see how this will affect your particular situation.

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