14726 Patterson Shelby Twp, MI 48315

Property Site: https://tour.corelistingmachine.com/home/STZP4D/14726-Patterson-Shelby-Twp-MI-50038783

Beautiful Shelby Twp home with a two story foyer leading to the Great Room and its windows flanking the fireplace. Thru the formal dining room you are welcome to the kitchen featuring granite counters, loads of cabinets, stainless appliances and nook overlooking the composite deck to a private yard. The den with hardwood floors and french doors make a great office too. The Master Bedroom on the main floor has dual closets and a full bath with tub, shower and granite counters. The bedroom has a beautiful view of the backyard. Upstairs are two more spacious bedrooms and another full bath with granite counters. There is also a bonus storage room that will surprise you. Then off to the finished basement with its old world decor, loads of storage and a stainless sink for a bar or kitchen update. First Floor Laundry and 2 1/2 car garage.

Bedrooms: 3

Bathrooms: 3

Square feet: 2,500

Price: $365,000

For more information about this property, please contact Karina Ball at 586-212-5125 or karinaball@karinaball.com. You can also text 6805648 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).

See more listings at: www.karinaball.com

MLS ID: 50038783

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32251 Susilane St Roseville, MI 48066

Property Site: https://tour.corelistingmachine.com/home/NP23R8/32251-Susilane-St-Roseville-MI-50038592

Charming brick ranch features two car wide driveway, 3 bedrooms with hardwood floors under the carpeting. The updated spacious kitchen features extra cabinets for plenty of storage. The large Family Room boasts solid surface flooring and a wall opening to the kitchen for an open flow. The fenced yard and patio are great for relaxing or entertaining. The large finished basement has a second full bath for those busy mornings. Built in shelving in the garage is great for more storage. Updated plumbing, electrical. The furnace was replaced in 2018. Appliances are included.

Bedrooms: 3

Bathrooms: 2

Square feet: 1,026

Price: $149,500

For more information about this property, please contact Karina Ball at 586-212-5125 or karinaball@karinaball.com. You can also text 6796378 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).

See more listings at: www.karinaball.com

MLS ID: 50038592

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4066 Kingmont Shelby Twp, MI 48317

Property Site: https://tour.corelistingmachine.com/home/K2NDR3/4066-Kingmont-Shelby-Twp-MI-50038579

Shelby Twp Ranch home features 3 bedrooms with hardwood floors, Living Room also features hardwood floors and plenty of natural light coming in from the oversized windows. Pass thru the kitchen and nook to the beautiful Family Room with a fireplace and plenty of updated windows for a light and airy feeling you can call HOME! Two full baths in this home, plenty of storage, an updated Furnace, AC and 2 car garage. Fill your shed with all your lawn care needs to take care of the oversized fenced yard. Utica Schools, city water and septic which is being cleaned and inspected by the seller!

Bedrooms: 3

Bathrooms: 2

Square feet: 1,474

Price: $200,000

For more information about this property, please contact Karina Ball at 586-212-5125 or karinaball@karinaball.com. You can also text 6796374 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).

See more listings at: www.karinaball.com

MLS ID: 50038579

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45344 Diamond Pond Dr Macomb Twp, MI 48044

Property Site: https://tour.corelistingmachine.com/home/NAR567/45344-Diamond-Pond-Dr-Macomb-Twp-MI-50034084

"On the Pond" Here it is... just what you have been waiting for! Visit this lovey, well maintained, two bedroom, two bath, ranch condo located on an upgraded premium lot! End unit...Private...Move-in and Enjoy the views of the Pond, fountain and wildlife. Two car attached garage, extended drive, and full basement. Open floor plan includes great room with cathedral ceilings and gas fireplace. Custom window treatments throughout. The light and airy feel is refreshing! Huge Master bedroom with private full bath/shower and tub. Spacious kitchen with plenty of cabinets, pantry and open view to nook and pond view. First floor laundry room with sink and additional cabinets. Full basement prepped for a full bath, tall ceilings ready for your finishes. Recent Upgrades include: new Wallside windows 2017 throughout w/ transferable 35 year warranty and updated Hot water heater. Immediate occupancy. LOW FEES!

Bedrooms: 2

Bathrooms: 2

Square feet: 1,535

Price: $239,500

For more information about this property, please contact Karina Ball at 586-212-5125 or karinaball@karinaball.com. You can also text 6693276 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).

See more listings at: www.karinaball.com

MLS ID: 50034084

The 3.8% Tax Is Not a Real Estate Transfer Tax

Shortly after the federal government enacted sweeping healthcare reform earlier this year, there was considerable concern over a last-minute addition to the legislation: a 3.8 percent tax on investment income of upper-income households to help shore up Medicare. The tax takes effect in 2013.

Among the concerns expressed among consumers and business people, including real estate professionals, both then and today, is that the tax amounts to a transfer tax on real estate. Not true, NAR Director of Tax Policy Linda Goold says.

Here’s how the tax works. For individuals earning $200,000 a year or more and married couples earning $250,000 a year or more, certain investment income above these income levels might be subject to the 3.8 percent tax on a portion of that income. I say “might” because whether the tax applies or not depends on many factors having to do with the kind and amount of the investment income the household receives.

Investment income includes capital gains, dividends, interest payments, and, for those who own rental property, net rental income.

Importantly, the $250,000 (for individuals) and $500,000 (for married couples) capital gain exclusion on the sale of a principal residence remains in place. So, if you’re a married household that sold a house for a $500,000 gain (that’s gain, not sale proceeds), that amount remains excluded from your income calculation.

30 Things We Need - and 30 We Dont

30 Things We Need — and 30 We Don't




Do you have the feeling, as I do, that in the tsunami of everyday life, we're getting too much of stuff we don't need, and not enough of what we do? Herewith my first set of suggestions about how to redress the imbalance:

WE NEED LESS: WE NEED MORE:

Information Wisdom

Shallow billionaires Passionate teachers

Self-promotion Self-awareness

Multitasking Control of our attention

Inequality Fairness

Sugar Lean protein

Action Reflection

Super sizes Smaller portions

Private jets High-speed trains

Calculation Passion

Experts Learners

Blaming Taking responsibility

Judgment Discernment

Texting Reading

Anger Empathy

Output Depth

Constructive criticism Thank-you notes

Possessions Meaning

Righteousness Doing the right thing

Answers Curiosity

Long hours Longer sleep

Complaining Gratitude

Sitting Moving

Selling Authenticity

Cynicism Realistic optimism

Self-indulgence Self-control

Speed Renewal

Emails Conversations

Winning Win-win

New Rules for Home Improvement Tax Credits

The tax break for energy-efficient home improvements made in 2011 isn't as big as in past years.

By Kimberly Lankford, Kiplinger.com

Can you still get a tax break for making energy-efficient home improvements in 2011?

If you didn't get around to making energy-efficient home improvements last year, don't worry -- it's not too late to get a tax break. But the tax credit in effect for 2011 projects is a lot less attractive than the one that applied to 2009 and 2010.

In 2009 and 2010, you could claim a tax credit worth 30% of the cost of qualifying energy-efficient home improvements, up to a maximum credit of $1,500 for those two years combined. In 2011, the credit is much smaller -- $500 -- and it is off-limits if you already claimed the credit for energy-efficient home improvements in the past. (A tax credit, which reduces your tax bill -- or increases your tax refund -- dollar for dollar, is more valuable than a tax deduction, which merely reduces that amount of income that is taxed.)

The 2011 home energy tax credit is now limited to 10% of the purchase price of energy-efficient windows, doors and skylights, up to a maximum credit of $500, and only $200 of that amount can be allocated to the cost of replacement windows. Certain home improvements have specific dollar limits for the credit such as $300 for eligible central air conditioning, $300 for an air source heat pump, $300 for an electric heat pump water heater, and $150 for eligible natural gas, propane or oil furnaces. Even if you install several improvements, the maximum credit you can claim is $500. And you won't be able to claim it on your 2011 federal tax return if you already received $500 or more in credits for energy-efficient home improvements from 2006 through 2010.

Some of the rules for tax-credit eligibility have changed, too. To see which products qualify, see the Tax Credit page at EnergyStar.gov or EnergyTaxIncentives.org for details.

A more generous credit is still in effect for taxpayers who buy and install alternative energy equipment in their homes. Qualified equipment includes geothermal heat pumps, solar water heaters, solar panels, fuel cells and small wind-energy systems (as long as no part of these systems is used to heat a swimming pool or hot tub). That credit -- worth 30% of the cost and installation of such improvements -- has no maximum dollar amount, and you have until December 31, 2016, to place those items in service.

If you're still preparing your 2010 taxes and you're wondering whether you can claim the energy-efficient tax break for home improvements you made last year, see these two articles about the 2010 credits: Tax Credits for Going Green and Tax Breaks for Energy-Efficient Home Improvements.

Reprinted with permission. All Contents c2011 The Kiplinger Washington Editors. www.kiplinger.com.