Like all families, Kopecky Family Band beats with the same heart and writes in the same blood. ‘The Family’ began creating music together in Nashville in the Fall of 2007. What began as late night talks about life and dreams gradually flowed into eccentric and beautiful music that has led to numerous tours, adventures to CMJ, SXSW & Bonnaroo, upcoming performances at Lollapalooza and Austin City Limits Music Festival and three EP releases. Leading the family are singers Gabe and Kelsey, along with Steven (lead guitar), Corey (bass), Markus (cello), and David (drums). The music evokes raw honesty and vulnerability while capturing your attention through its power and presence.
30A Bank Owned Property
Mls # 577319
ListPrice: $379,900
ApproxSF: 2,319 BG:
27 SANDCASTLES CT
SANTA ROSA BEACH, FL
Bedrooms: 3
Baths Full/Half: 2
YearBuilt: 1999
Awesome home south of 30-a, Furnished & Move-In Ready! 3 Bd / 2 Ba has new carpet, new paint, new A/C on 3rd floor, A/C service & new thermostat on 1st floor, new paint on exterior trim, rails doors & columns., new pol pump .. Features include tile floors, granite counter tops, in ground pool, & wrap around porches. Just a few minutes to the beach, home will make awesome 2nd home or rental investment opportunity! Buyers should obtain a free prequalification letter from Wells Fargo Home Mortgage or an entity which is a joint venture with Wells Fargo Home Mortgage by working directly with a mortgage consultant or going online. Buyers also have the option to provide proof of other credit decisioned financing or a NACA (Neighborhood Assistance Corporation of America) Qualification Letter. PROPERTY TO BE SOLD “AS IS”.
Please contact me for additional information about this home
Karen Holder 850.687.1064
Watercolor Florida Short Sale
$1,345,000
ApproxSF: 3,071 BG:
73 SAND HILL CIR
SANTA ROSA BEACH, FL
Bedrooms: 4
Baths Full/Half: 4/1
YearBuilt: 2008
This stunning home is located directly on the park at the WaterColor “Frog” pool! Very unique and functional floor plan with plenty of room for large groups and families! 3 luxurious master suites with king sized beds and wonderful bunk room area for kids! The “kids wing” on the 2nd floor offers flat screen TV, game area, sleeper sectional, play area, bunk rooms for 6, and separate master bath! Large gourmet kitchen opening to the living dining area! Lots of porch space on the front and rear of the house, outdoor fireplace, shower and gas grill! Rear access parking! Professionally decorated home, shows great!! Enjoy all that WaterColor has to offer including the WaterColor Beach Club, multiple community pools, Western Lake activities, restaurants, shopping and more!!
South Walton Best Kept Secret
Deer Lake State Park is truly one of South Walton’s best-kept secrets. The beach here is isolated and undisturbed. Quiet your mind and listen to the sounds of the sea gulls, the rustling of the wind through the palmetto fronds and the chirps of the snowy plover. The quarter-mile dune boardwalk at Deer Lake State Park is truly incredible. It provides astounding views and is ideal for those who are not able (or do not wish) to trudge along a sandy path. For the more adventurous, try hiking the half-mile Blue Trail which borders Deer Lake, one of South Walton’s rare coastal dune lakes.
Deer Lake State Park is the relocation site for the endangered Choctawhatchee Beach Mouse, which lives within the expansive dune system. If you’re quiet (as a mouse), and a little lucky, you might even spot one of these little white mice from your boardwalk perch.
If you want to get away from the crowds for a little while, it doesn’t get much better than this treasured spot.
Importance of Seaweed to Our Ecosystem
Seaweed can be an issue along our beaches during certain times of the year. Though June is historically the month of greatest seaweed deposits, there is no way to predict when it will wash ashore in larger quantities or how long it will last.
During periods of heavy seaweed deposits, the South Walton TDC is often asked why we don’t remove seaweed from our beaches. South Walton is proud to be an eco-friendly destination and we are committed to preserving and protecting our area’s natural beauty and the safety of beach goers. A good source of information on how Seaweed in important to the Gulf Coast can be found on Living Earth Website.
Real Estate Tax Update
Inman News explains the new Real Estate tax for 2013:
The Patient Protection And Affordable Care Act (“Obamacare”) will affect everyone in the United States one way or another. But some people will be affected more than others. Among these are high-income taxpayers. Starting in 2013, they will be subject to a brand new Medicare tax on their “unearned income.”
Who is subject to the tax?
Starting in 2013, a 3.8 percent Medicare contributions tax will be imposed on the lesser of (1) the taxpayer’s net investment income, or (2) any excess of modified adjusted gross income (MAGI) over $200,000 ($250,000 for married taxpayers filing jointly). Thus, all single taxpayers with MAGI over $200,000 and married taxpayers with MAGI over $250,000 will be subject to this tax. This is a small proportion of the population, but a significant one for the real estate industry.
<a href=”http://www.shutterstock.com/pic.mhtml?id=82899685″>Home value</a> image via Shutterstock.Home value image via Shutterstock.
The Patient Protection And Affordable Care Act (“Obamacare”) will affect everyone in the United States one way or another. But some people will be affected more than others. Among these are high-income taxpayers. Starting in 2013, they will be subject to a brand new Medicare tax on their “unearned income.”
Who is subject to the tax?
Starting in 2013, a 3.8 percent Medicare contributions tax will be imposed on the lesser of (1) the taxpayer’s net investment income, or (2) any excess of modified adjusted gross income (MAGI) over $200,000 ($250,000 for married taxpayers filing jointly). Thus, all single taxpayers with MAGI over $200,000 and married taxpayers with MAGI over $250,000 will be subject to this tax. This is a small proportion of the population, but a significant one for the real estate industry.
What income is taxed?
The tax applies only to investment income.
This includes:
gross income from interest, dividends, annuities, royalties, and rents other than those derived from an active business
the net gain earned from the sale or other disposition of investment and other non-business property, and
any other gain from a passive trade or business.
This includes just about any income not derived from an active business or from employee compensation.
Example: Sue and Sam, a married couple filing jointly, have a MAGI of $300,000 in 2013 which includes $100,000 of net investment income. Their MAGI is $50,000 over the $250,000 threshold, thus they must pay the 3.8 percent tax on $50,000 of their investment income. This results in a $1,900 tax.
Can the tax apply to the profit earned on home sales?
Yes. But, in the case of the sale of a principal residence that qualifies for the special tax exclusion on such income, it would apply only if the net gain from the sale exceeds the $500,000 exclusion for joint filers or $250,000 for singles, and then only to the extent that taxpayer’s income exceeds the $200,000/$250,000 MAGI threshold.
Example: Lucy purchased a home in San Francisco in 1995 for $250,000. She sells it in 2013 for $750,000. She also earned $100,000 in employee wages in 2013. She earned a $500,000 profit on the sale of her home ($750,000 – $250,000 = $500,000). She qualifies for the $250,000 home sale exclusion, so she is left with $250,000 of net investment income from the sale. This, added to her wages, gives her a MAGI of $350,000 — $100,000 over the Medicare tax threshold. Therefore, she must pay $3,800 in extra Medicare taxes (3.8 percent x $100,000 = $3,800).
This new tax gives homeowners who have very substantial equity in their homes a strong incentive to sell them in 2012 before the new tax takes effect.