Las Vegas Real Estate
Las Vegas Real Estate, Henderson, Summerlin, Green Valley, Las Vegas, Anthem, Rhodes Ranch, Mac Donald Ranch, Seven Hills, Las Vegas Residential Real Estate Listings For Las Vegas Real Estate Call Dana at (702)300-SOLD or (702)300-7653 * SEARCH the MLS for HOMES FOR SALE in Las Vegas and Henderson * DANA ANDERSON- WHITTAKER, REALTOR (702) 300-SOLD (765 3) *2004 CENTURION TEAM TOP PRODUCER AWARD *2003 CENTURION TEAM TOP PRODUCER AWARD *CENDANT MOBILITY AFFINITY SPECIALIST *CLARK COUNTY READS VOLUNTEER *PERSONAL COACH *SDSU GRADUATE Like anything you see? Contact Us and we'll be happy to send you an automatic e-mail update of homes just coming onto the market matching your specific Search Criteria. Las Vegas and Clark County Real Estate Including Luxurious Masterplanned Communities and The New High Rises: Las Vegas | Henderson | Summerlin | Green Valley | Green Valley Ranch | Anthem | Aliante | Bellacre | Canyon Gate | Coronado Ranch | Desert Shores | Dragon Ridge | Lake Las Vegas | The Lakes | Mac Donald Highlands | Mac Donald Ranch | Metropolis | MGM Grand Residences | Mountain's Edge | Panorama Towers | Park Towers | Peccole Ranch | Platinum | Queensridge | Red Rock | Rhodes Ranch | Seven Hills | Siena | Soho Lofts | Southern Highlands | Spanish Trails | Sun City Anthem | Sun City at Mac Donald Ranch | Sun City Summerlin | Tournament Players Club | Turnberry Place | Vegas Grand Research Community Profiles by Zip Code Featured Homes Looking for just the right property? Check here first! Buyer/Seller Tips: Read through helpful tips of information on buying or selling your home! What is your Home's Value? Let us figure out how much your home is worth in today's market in Clark County! Local Schools: Identify the best school district for your family with our free schools reports. Local Weather: Get up-to-date information on weather in the surrounding communities. Map & Driving Directions Need a map to our office or anywhere else? For All Your Real Estate Needs including Buying & Selling in Las Vegas and Henderson. In the hunt to Buy or Sell Las Vegas or Clark County area Real Estate in Nevada? Dana Anderson-Whittaker is long time resident of Las Vegas, and specializes in the Las Vegas Real Estate market for Buyers and Sellers, even if you are out of state or out of the country. She is a full-time, dedicated REALTOR, and has an outstanding reputation for getting results for both Buyers and Sellers in the Las Vegas Real Estate market. Her genuine, caring attitudes has helped many families, just like yours, make an exciting and smooth transition when buying or selling their homes in the Las Vegas and Henderson areas of Clark County. Dana's proven Team approach to business and family values has earned her the respect of clients and colleagues alike. Call Dana direct at (702)300-SOLD (7653) Enthusiastic about life, work, and people, Dana's clients know they can rely on her to be caring, compassionate and results-oriented. If you are looking for a home in Las Vegas, her knowledge of the local housing market and networking efforts within the REALTOR community will enable her to find you the right home, townhome, high-rise, investment oppurtunity, or land in a short period of time. If you are selling in Las Vegas, Dana has the knowledge, experience, and resources to professionally market your home and get you the price you are looking for in the time frame you need. Deciding to Relocate to our Fabulous City? She won't stop looking until you are in your Dreamhome. Dana Anderson is highly knowledgeable and experienced in the entire Las Vegas Valley Real Estate market including greater Las Vegas and Henderson and the communities of Aliante , Anthem , Canyon Gate , Coronado Ranch , Desert Shores , Green Valley , Green Valley Ranch , Lake Las Vegas , The Lakes , MacDonald Ranch , Peccole Ranch , Queensridge , Red Rock , Rhodes Ranch , Seven Hills , Siena , Southern Highlands , Spanish Trails , Summerlin , Sun City Anthem , Sun City at MacDonald Ranch , and Sun City Summerlin , just to name a few! She is also well schooled in the "Manhattan-ization" of the Las Vegas Valley and is available to show you any of the new "High Rises" such as Turnberry Place, Metropolis, Panorama Towers, MGM Grand Residences, Park Towers, Platinum, Vegas Grand, or the Soho Lofts, with more to follow! Dana Anderson : your connection to Las Vegas Real Estate . Dana also handles many other Real Estate services such as relocation for the Las Vegas area if you will be moving here from out of state or out of the country or if you are selling from out of state. She can handle most all of the paperwork via fax and e-mail. She will provide you with all the information you need about schools , shopping, and local communities . If you are selling Real Estate in the Las Vegas area - Dana will make your selling experience as smooth as possible by developing the best strategies and negotiating the highest value for your property, with the least amount of frustration and stress to you. There has never been a better time to enter the Las Vegas Real Estate market. The Las Vegas area is seeing property values increase at an enormous rate, and experts predict that Real Estate values in this area will double in the next six years. If you are thinking about buying in the Las Vegas area - the time to act is now! Dana Anderson-Whittaker CENTURY 21 MoneyWorld 8020 W. Sahara Ave. #100 Las Vegas, NV 89117 (702)300-SOLD (7653) Las Vegas Real Estate, Henderson Real Estate for Sale Each Office is Independently Owned and Operated Internet marketing VKI Studios Cendant Mobility Affinity Specialist 582,211thDon't Forget To Bookmark This Page As Your Las Vegas Real Estate Resource Guide Web Site Design and Hosting Provided By: Advanced Access © 1998-2005
Real Estate -Commercial -Construction
Real Estate - bizjournals.com Advanced Search Search Watch News by Industry - - - - Industry Journal Home my Industry Page Email Alert - - - - Agriculture - - - - Banking & Finance -Commercial Banking -Insurance -Investing -Investment Banking -Venture Capital - - - - Business Services -Accounting/Consult. -Advertising/PR -Employee Benefits -Environ. Services -Human Resources -Legal Services -Marketing -Workplace Reg. - - - - Economic View -Bankruptcies -Economic Snapshot - - - - Energy -Electric Utilities -Energy Conserv. -Oil & Gas - - - - Health Care -Biotechnology -Health Insurance -Hospitals -Industry Regs -Pharmaceuticals -Physician Prac. - - - - High Tech -Cable, TV & Radio -Computers -E-Commerce -Internet -Networking -Semiconductors -Software -Telecom -Wireless/PDAs - - - - Manufacturing - - - - Real Estate -Commercial -Construction -REITS & Finance -Residential - - - - Retailing & Restaurants -Restaurants -Retailing - - - - Sports Business - - - - Travel -Airlines/Airports -Lodging/Conven. -Tourism -Travel Services News by Markets bizjournals.com Albany Albuquerque Atlanta Austin Baltimore Birmingham Boston Buffalo Charlotte Cincinnati Columbus Dallas Dayton Denver East Bay Greensboro Honolulu Houston Jacksonville Kansas City Los Angeles Louisville Memphis Milwaukee Mpls./St. Paul Nashville Orlando Philadelphia Phoenix Pittsburgh Portland Raleigh/Durham Sacramento St. Louis San Antonio San Francisco San Jose Seattle South Florida Tampa Bay Washington Wichita Subscribe Book of Lists Sales Power bizspace bizwomen Wireless Marketplace Franchise Center Email Alerts Jobs Entrepreneur Classifieds Sales Leads Latest News Print Editions Contact Home » Industries & Communities » Real Estate Sign up | Log in | Contact Us Real Estate Thursday, December 29, 2005 NOW DAILY! Check every day for the latest Industry news, exclusive on the Web. Real Estate Links: Commercial | Construction | REITS & Finance | Residential Commercial Nashville NHI and NHC extend lease agreements Dallas Frisco office pioneer at it again: Craig Hall breaks ground on another speculative building at Hall Office Park St. Louis Missouri Research Park receives community development award » More Commercial headlines... Construction Birmingham Building & Earth Sciences to handle materials testing for Belk Buffalo Final bids being prepared for $22M school project Albuquerque American Clay Enterprises snaps up two awards » More Construction headlines... REITS & Finance St. Louis Mexico's Grupo Modelo plans beer price hike Charlotte New bid made on Charlotte Coliseum Seattle Weyerhaeuser settles antitrust suits for $25M » More REITS & Finance headlines... Residential Orlando Pulte Homes sells Mexico operations Tampa Bay Housing market still hot in Tampa Bay South Florida FAR: Home sales decline in Fort Lauderdale, Miami » More Residential headlines... Email Delivery: Get Industry news headlines sent to you every week. » Sign up for Industry emails... My Industry Page: Create your own page of headlines from any or all of our categories. » Get started here... Home | Subscribe | Book of Lists | Reprints | Email Alerts | Classifieds | Latest News | Print Editions | Services Sales Power | Biz Finance | Entrepreneur | Community | Search | RSS Feeds bizjournals | Contact Us | Site FAQ Our brands: Search Engine Optimization by Use of, or registration on, this site constitutes acceptance of our User Agreement Please read our Privacy Policy ©2005 American City Business Journals, Inc. and its licensors. All rights reserved. Contact us here . The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of bizjournals. Business News Business News Albany News Albuquerque News Atlanta News Austin News Baltimore News Birmingham News Boston News Buffalo News Charlotte News Cincinnati News Columbus News Dallas News Dayton News Denver News East Bay News Greensboro/Winston-Salem News Honolulu News Houston News Jacksonville News Kansas City News Los Angeles News Louisville News Memphis News Milwaukee News Minneapolis/St. Paul News Nashville News Orlando News Philadelphia News Phoenix News Pittsburgh News Portland News Raleigh/Durham News Sacramento News St. Louis News San Antonio News San Francisco News San Jose News Seattle News South Florida News Tampa Bay News Washington News Wichita News News by Industry News Industry Journal Home News my Industry Page News Email Alert News Agriculture News Banking & Finance News -Commercial Banking News -Insurance News -Investing News -Investment Banking News -Venture Capital News Business Services News -Accounting/Consult. News -Advertising/PR News -Employee Benefits News -Environ. Services News -Human Resources News -Legal Services News -Marketing News -Workplace Reg. News Economic View News -Bankruptcies News -Economic Snapshot News Energy News -Electric Utilities News -Energy Conserv. News -Oil & Gas News Health Care News -Biotechnology News -Health Insurance News -Hospitals News -Industry Regs News -Pharmaceuticals News -Physician Prac. News High Tech News -Cable, TV & Radio News -Computers News -E-Commerce News -Internet News -Networking News -Semiconductors News -Software News -Telecom News -Wireless/PDAs News Manufacturing News Real Estate News -Commercial News -Construction News -REITS & Finance News -Residential News Retailing & Restaurants News -Restaurants News -Retailing News Sports Business News Travel News -Airlines/Airports News -Lodging/Conven. News -Tourism News -Travel Services News
Sell House
Man wins suit to sell house occupied by sect Man wins suit to sell house occupied by sect He's been trying to sell the $1.8m house since he left sect and moved out but sect members occupying it claimed they had right to live there The Straits Times/August 17, 2004 By Elena Chong A former Singapore Airlines pilot yesterday won a court order to sell a $1.8 million house in Sembawang, in which several members of religious sect House of Israel have been staying. Mr Steven Joshua, 56, who co-owns the 792.8 sq m place with four others, had sued former wife Deborah Steven Joshua, 55; his sister, Madam Rachel Jacob, 50; and three other couples staying there. He has been trying to sell the place since he left the group in 2001 and moved out. However, the sect members claimed there was a property covenant that entitled them to live there. They now have up to mid-November to move out of the Sembawang Place bungalow. Mr Joshua had also sued another sister, Mrs Rebekah Isaac, 47, and her husband, Mr Isaac Benjamin, 49, who left the group in 1993. They did not contest the suit as they too wanted to sell the property. They will be given a 20 per cent share of the proceeds of the sale. Mr Joshua, his ex-wife, his two sisters and Mr Benjamin bought the house for $700,000 in 1986 and registered it in their names. At the time, they belonged to the religious group, which hit the headlines nine years ago when three of its members lost a libel suit against The Straits Times for describing it as a 'sect'. Yesterday, Justice Tan Lee Meng threw out the defendants' counterclaim, saying they had not proven their case. The net proceeds of the sale of the Sembawang home have to be distributed among the co-owners, said the judge, with Mr Benjamin and his wife getting 20 per cent and the other three - Mr Joshua, his ex-wife and Madam Jacob - sharing the remainder according to the proportion they paid for the property. Mr Joshua, who also won on costs, was represented by Mr James Ponniah. Mr Daniel John acted for all the defendants except Mr Benjamin and his wife. To see more documents/articles regarding this group/organization/subject click here . Home Database Cult News Search Getting Help Forum Mind Control Legal Contact Us About Us What's New Headlines Links Books Help RRI FAQ
Land For Sale
Scrape Metal Merchant, Land For Sale (Walsall, Midlands) - Freehold 1.2 acre site / land Buy or sell a business in the UK with the Business Partnership. View our businesses for sale, ask for a business valuation, or get help on either buying or selling. Make contact with our regional business broker offices who will be happy to assist with the sale or purchase of any business. ( 0 items ) Ref: trb.1113 Scrap Metal Merchants (Midlands) - FREEHOLD 1.2 Acre Site / Land Location Walsall, West Midlands United Kingdom Price Undisclosed Sales Revenue 413000 Property and Land Freehold Description Excellent site / land just outside Walsall city centre, would suit a variety of alternate uses, eg skip hire, haulage, storage, industrial etc. Currently operating as a long established scrap metal merchants. In recent years the scope of trading has been restricted to a non-ferrous door trade, dealing mainly in copper and aluminium. The site has two separate accesses, a circa 2000 square foot office building and a 40T Avery weighbridge installation. There is not thought to be any contamination to the land (possibly some dry metal). The business holds two carriers licences and the necessary environmental licences. Reasons for Selling Retirement Location and Property / Land The premises are situated in a prime location on a main arterial road into the centre of a West Midlands city. Related Information / Photos Back To Listings Add To My Folder Receive businesses by email - Use our brand new service to help you search for the right business. Simply add your requirements and when new businesses are added to our website that match your profile you will be emailed the details! Click here for more information. Home // About us // Office directory // Buyers // Sellers // My folder // Member login
Rental Property How much
Selling Your Rental Property Intuit Home Intuit Products Support | Order Status | Shopping Cart Home Online Products Desktop Products Business Tips & Resources Sign In Automatic Renewal My Downloads Tax Tips & Topics Business Taxes Education & Taxes Employment Taxes Family & Taxes Homeowners & Taxes Investments & Taxes Retirement & Estate Taxes Tax Law & the IRS Tax Planning & Savings Tax Prep & Filing E-mail this Print this Selling Your Rental Property How much money am I going to make, after taxes, when I sell my rental property? Are you finally selling your rental property? Was dealing with that last tenant just more than you can stand to go through again? Did you just hear that the vacant land next to your property will be developed into a state college causing your rental property to realize a 10-fold increase in value? Are you approaching retirement and eager to liquidate your investment in order to travel the world, or just relax and take it easy? After finding a buyer and discussing a price, you may wonder what the sale will cost you in taxes and what your after-tax cash flow will be. Before you close the sale, then, you should figure out how much of your proceeds will go to Uncle Sam and how much you will be able to keep. You want to know how much cash you can expect to flow through your hands, after paying fees, costs, and taxes. How can I figure my gain ? Is my gain taxed as ordinary income or capital gain ? How do I report the sale ? What is my after-tax cash flow ? How Can I Figure My Gain? The amount you get for your rental property is the gross sales price. The first step in calculating your taxable gain is to figure out your net sales price. 1. Subtract All Your Selling Costs from the Gross Sales Price. You'll need a copy of your closing or settlement statement at hand to help you identify the costs involved in selling the property. But don't just assume that all costs on your closing statement can be considered selling costs . Pull out any rental expenses. Your closing statement may include items that were prepaid by you, such as property taxes, insurance, or homeowner's association fees. It may also include items that remain unpaid by you as of the sale date, such as rental deposits or property management fees. These items are ordinary and necessary rental expenses that you should report as part of your rental income or loss on Schedule E rather than as part of your property sale. After filtering out the rental items, add up all the selling costs; such as: Commissions on the sale Document recording costs Legal fees related to the sale Survey fees Title fees or costs Transfer fees Now, subtract your total selling costs from your gross sales price. The result is your net sales price. For example, if you have a total selling cost of $25,400, and your gross sales price is $550,000, your net sales price is $524,600. But how much of the net sales price is your profit, or taxable gain? 2. Subtract the Cost of the Property from the Net Sales Price. To figure your profit, or taxable gain on the sale, you need to subtract the cost of the property from the net sales price. But, naturally, adding up all your costs can take a little work. You need to know how much the property has cost you, starting way back when you bought it, and proceeding through the years as you made improvements (costing your more money), or took deductions for depreciation over the years (reducing your cost). The result is called your adjusted basis, because it has been heavily adjusted over the years, and it forms the basis of any calculation of profit or loss. (For more details, see The Tax Aspects of Selling Your Home . Subtract your adjusted basis in the property from the net sales price, to get your taxable gain. Example: Sally owns a rental property that she originally purchased for $320,000 (of which the portion allocable to land is $100,000), and over the years she has taken depreciation deductions of $115,667 for this property. She is considering an offer to sell the property for $450,000. She estimates that the selling costs will include real estate commissions of 6 percent and other costs of 1 percent of the sales price. Sally's net gain on the sale would be $214,167, calculated as follows: Gross sales price $450,000 Less selling costs at 7 percent 31,500 Net sales price $418,500 Less adjusted basis: Cost basis $320,000 Less depreciation allowed 115,667 Adjusted Basis 204,333 Net gain $214,167 Is My Gain Taxed as Ordinary Income or as a Capital Gain? When you sell a property you've owned for more than a year, the gain (the selling price less your selling costs and your adjusted basis in the property) is taxed at capital gains rates, which are lower than the regular income tax rates. The particular capital gains rate that's used depends on several factors. Most capital gains on sales of rental property are taxed at 15 percent but any gains due to depreciation you have already taken are taxed at 25 percent. Ordinary income, on the other hand, can be taxed with rates as high as 35 percent in 2004. Therefore, it's important to understand how much of your gain will be taxed at ordinary income tax rates and how much will be taxed at capital gains rates. Note: The tax rates addressed here are federal taxes rates only. Any state taxes that may also be due are in addition to the federal taxes. For Property Purchased in 1987 or Later If your property was purchased in 1987 or later: all of your gain will be considered capital gain, but there's a catch: while most long-term capital gains are taxed at a maximum rate of 15 percent, any portion of your gain that's attributed to any depreciation taken on your property is taxed at a special maximum rate of 25 percent. This applies to all depreciation taken on the property. (Note: Beginning in 1987, the only kind of depreciation you could take on the property was the straight-line method). Example: Continuing our example in the last section, Sally placed her rental property into service as a rental in 1988. She decided to depreciate her property on the straight-line basis over 27.5 years, so her total depreciation deductions from 1988 through 2003 amounted to $115,667. Of her $214,167 gain, $115,667 would be taxed up to the special 25 percent capital gains rate for depreciation and $98,500 would be taxed at the 15% capital gains tax rate. For Property Purchased Before 1987 If you acquired the property before 1987, the ordinary income portion of a gain on the sale of Section 1250 property consists of any additional depreciation taken on the property. Additional depreciation is accelerated depreciation that goes beyond what the depreciation would have been if it had been calculated using the straight line method. If your property was purchased before 1987 for residential rentals, additional depreciation on property acquired before 1987 is calculated for all years after 1975. For nonresidential rentals, additional depreciation is calculated for all years after 1969. The total additional depreciation (which is taxed at ordinary income tax rates) is deducted from the net gain in order to determine the amount of the gain subject to capital gains rates. This process is what's known as depreciation recapture. Essentially, because you were able to deduct depreciation expenses from ordinary income while you owned your rental property, you now pay the price at the time of sale: part of the gain on your property is taxed at ordinary income tax rates, in this case, your additional depreciation. Example: Joe purchased his rental property in 1985 for $320,000. He depreciated his property on an accelerated basis over 18 years, resulting in total depreciation deductions of $235,000. Had he used the straight-line method to calculate depreciation, his depreciation deduction would have been $229,000. Under the rules applicable to property purchased before 1987, his additional depreciation is $6,000. Assuming he sold his property for $418,500, of his $333,500 gain, $6,000 would be taxed at his ordinary tax rates and $327,500 would be taxed as capital gain. For more information see, FAQ on Capital Gains . Giving a Nod to Section 1231 Rental real estate, held for more than one year, falls under the definition of Internal Revenue Code Section 1231 and is therefore called Section 1231 property . A gain from the sale of section 1231 property can be either ordinary income to you (as a result of additional depreciation recapture if the property was purchased before 1987) or capital gain, or both. Section 1231 gains that are not subject to depreciation recapture (which is ordinary income) are long-term capital gains. Good news: If you have a loss on the sale of Section 1231 property, the loss is an ordinary loss, meaning that it reduces your ordinary income, not your capital gains income. Section 1231 gives you the best of both worlds, because gains are long-term capital gains (after depreciation recapture) and losses are non-capital, or ordinary, losses. How do I Report the Sale? You report the sale of a rental property on IRS form 4797: Sales of Business Property. The gross sales price, cost or other basis plus expenses of sale, depreciation allowed or allowable, adjusted basis, and total gain are all reported on Page 2, Part III, lines 20 through 24. If the property is Section 1250 property (which is just about any rental property), any ordinary income recapture is calculated on line 26. The capital gains portion of your gain is determined by subtracting the additional depreciation from the total gain. These amounts are carried to page 1 of Form 4797, where this capital portion is netted with other Section 1231 transactions. Transfer the net of Section 1231 transactions from page 1 of Form 4797 to Form 1040, Schedule D, Capital Gains and Losses. Put the ordinary income portion of your gain on line 14 of Form 1040, while your net capital gains from Schedule D are carried to line 13a of Form 1040. If your sale results in a loss, the entire loss is carried to line 14 on Form 1040 and is available to offset income from other sources. What is My After-Tax Cash Flow? Now that you have calculated your tax, you can calculate your net cash proceeds from the sale of the property. Enter your net sales price. Subtract any outstanding loan, to get a subtotal. Multiply the net gain (calculated in the previous example) by the capital gain rate of 25 percent on the part of the gain that represents depreciation and 15 percent on the rest of the gain. Subtract that figure from the subtotal, to see your net cash flow. Example: In our example, assume that Sally had decided she would not sell the rental property unless she could wind up with at least $200,000 cash after taxes and loan repayment. Assume she had an outstanding loan of $125,000 and other taxable income in her return. Her capital gains rates are affected by her other income. She calculates her after-tax cash flow as follows: Net sales price $418,500 Less repayment of the outstanding loan 125,000 Subtotal $293,500 Capital gains taxes at up to 25% & 15% $43,692 Net cash flow (before state taxes) $249,808 Based upon the above calculation, Sally would prefer to sell the rental property because her after-tax cash flow meets her requirements. Caution: Different states have different rules for taxing capital gains. Here, we have not considered the state tax impact. But, before making the sale, you should familiarize yourself with the state tax rules. If the property is located in a state other than your state of residence, it may be wise to study the rules of both the state in which the property is located and your state of residence, because both states may be very interested in your gain. For more on capital gains, see FAQ on Capital Gains . Home | Online Products | Desktop Products | Business | Tax Tips & Resources | Support Center | Site Index Intuit | Privacy Promise | Feedback | Quicken | Affiliates ©1997-2005 Intuit Inc. Trademark Notices By accessing and using this page you agree to the Terms of Service Software License Agreement