Read about the latest market trends in our area, Woodland Park living conditions, and the benefits of investing in Colorado real estate here in Teller County and the Ute Pass area.
The 2nd Annual Woodland Park High School Hockey Green & White game is this Saturday, December 1, 2018 from 6:30-8:30 p.m. at the World Arena Ice Hall NHL Rink. FREE ADMISSION! Why don't you come out and support the Woodland Park Panthers!
So I met with my accountant last week to go over some of the new tax laws that President Trump signed into effect that affect all of us for 2018. Here is the gist of what I learned:
The standard deduction has nearly doubled, but the personal and dependency exemptions have gone away. So with the standard deduction going up, more people who are used to itemizing may no longer get to itemize and for those who never itemized, you will appreciate the higher standard deduction.
Line of Credit Interest
Also, if you are used to itemizing, line of credit interest is no longer deductible for loans started after 12/14/17 unless the money was used to substantially improve your home. No more deducting interest for vacations, higher education, and paying off other debt, etc.
Child Tax Credit
People with lots of kids will not do as well, but the child tax credit did double and is now $2,000 per child 16 and under and even higher income families will benefit who couldn't take it in the past due to making too much money.
Here's a link to a 23 page document where you can read all about the above changes.
Disclaimer: I am not an accountant and therefore any information I provided above should not be relied upon for tax purposes. You should consult your own accountant. :)
People often interchange these terms and they mean very different things. Take a look at the difference
I listed this beautiful 40-acre parcel in Green Mountain Falls about a week ago. Several building sites. It's on what we call the "sunny side" of Highway 24 as you drive through the Ute Pass. Easy access to Highway 24, yet not on the highway. Pikes Peak view. Going to show it today to a prospective buyer. Putting on the snow boots. Even though it's sunny and the weather is mild today and most of the snow has melted, there's some snow still on the mountainside where it's shady. You can drive all the way through this property so it's quite usable land.
We actually have two 40-acre parcels available. Both border Pike National Forest.
Tonight we met with many past clients and hopefully future clients for our first ever Village Inn Pie Giveaway Client Appreciation Event. There were homemade goodies for all our clientele and everybody who came was given a pie server as well as a Village Inn pie they reserved in advance: Pumpkin with whipped cream, country apple, cherry, French silk, or banana cream.
It was great seeing some new faces and certainly special to give each and every one of my past clients a big hug!
November 18, 2018 - A frosty morning today in our little mountain town of Woodland Park, Colorado. Photo compliments of TMJ News.
The sun will be coming out and the frost will be melting. The high will be 38° today.
The Teller County Sheriff's Office will be conducting a county-wide test of the Emergency Notification System on Tuesday, November 27 at 6 p.m. The purpose of this test is to ensure the system works as quickly and efficiently as possible. If you'd like to make sure you are included in these emergency broadcasts, please visit this link to sign up.
Woodland Park City Council passed new ordinance 4-3 against feeding deer in City. Fines start at $350 for first offense, $450 for the second offense, and $1000 for the third offense with potential jail time.