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Coldwell Banker Realty Blog

Thursday, March 16, 2023   /   by Steve Ticknor

Rent-to-Own: Real Estate Edition

When first starting out living on their own, many people rely on hand-me-downs from their parents, second-hand stores, or used furniture purchased on places like OfferUp or Facebook Marketplace to furnish their abodes. After all, new furniture can cost a pretty penny. Other people turn to those rent-to-own shops. Did you know that this might be a viable alternative to the traditional way of buying a home as well? It's true. But it comes with some pros and cons.

Rent-to-Own: Real Estate Edition

How Rent-to-Own (aka "Lease Purchase) Works

In this situation, you sign a lease with the owner of the house agreeing to pay a certain amount per month for a specified period of time. At the end of the lease, you agree to buy the home outright. Part of your lease payment gets set aside to use toward your down payment at the end of the lease period. However, a few things need to be clarified before entering this agreement.

What to Discuss Before Signing on the Dotted Line

First, wiZ ...

  lake havasu real estate, home buying tips

Thursday, February 23, 2023   /   by Steve Ticknor

Home Seller Tax Deductions: What to Know Before You File

Benjamin Franklin once said that "nothing is certain except death and taxes". Well, Uncle Sam expects you to file your 2022 income taxes by April 18th this year. Taxpayers needing more time may file for an extension. This allows you to file as late as October 16th, 2023. If you sold your Lake Havasu house last year, then you may be eligible for some home seller tax deductions.

Home Seller Tax Deductions

Well, "tax deductions" may actually be a little deceiving. Some of these affect your capital gains tax, not your taxable income. If you sold your home and made a profit, congratulations! However, the IRS calls this "capital gains" and views it as income. That means that it is taxable. But the following home seller tax deductions lower your capital gains. In turn, that lowers how much tax you may owe (if any) on this profit.

Capital Gains Exception

First, let's discuss capital gains. This is the difference between what you paid for your home and what you sold it for. So, if. ...

  lake havasu real estate, home selling tips, havasu homeowners

Thursday, February 16, 2023   /   by Steve Ticknor

Lake Havasu Rockabilly Reunion 2023

Calling all hep cats and beautiful Bettys. If you love the fast cars and the hot sounds of yesteryear, then I suggest you beat feet to the Lake Havasu Rockabilly Reunion 2023 this weekend. This boss bash looks to be the happening hang everyone will want to be at. You dig?
What: Lake Havasu Rockabilly Reunion 2023
Where: Lake Havasu State Park, Windsor 4
When: February 17th to 19th
Admission: $25 to $200
Contact: Kennie Cuppatelli, Event Coordinator (928) 846-0335
Lake Havasu Rockabilly Reunion 2023
In its 14 years, the Rockabilly Reunion has grown into a huge attraction here in Lake Havasu City. Thousands of people come from all over the country to enjoy this event every year. And why wouldn't they? You get to listen to some pretty awesome music. The Mother Road Harley Davidson stage includes fantastic performances by:
Scott Bruce (Elvis tribute)
Cash'd Out
Vegas McGraw (think Jerry Lee Lewis, Hank Williams, Carl Perkins, and Tim McGraw)
John Mueller (Buddy Holly tribute. ...

  lake havasu real estate, lake havasu events, lake havasu rockabilly reunion

Coldwell Banker Realty
Steve Ticknor And Bob Ulery
2148 McCulloch Blvd N #105
Lake Havasu City, 86403

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IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
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