Huntsville AL homes for sale BBB scam warning December 29, 2011
December 29th, 2011 4:20 PM
Huntsville AL homes for sale BBB scam warning December 29, 2011
BBB Warns of Phone Scam
BBB of North Alabama Warns Accredited Businesses & Employees of Microsoft Phone Scam
How does the scam work? The caller impersonates a microsoft representative and claims there is a serious virus or issue with the consumer’s computer. The caller may warn that if the problem is not solved, the computer will become unusable. In more recent calls, they have claimed that the individual receiving the call has had their account hacked into and bogus messages with viruses attached are being sent out to others in their name. To “fix” the problem, the consumer is directed to visit a website or download a program that gives the caller remote access to log in to the computer. In some cases, the consumer is then offered a preventative service for a fee. The scam: The caller does not work for Microsoft. Never give personal or financial information to an unsolicited caller. Don’t agree to purchase over the phone.
-Report fraudulent activity: Complaints can be filed with the Federal Trade Commission at www.ftc.gov.Internet and e-mail scams can be reported to the Internet Crime Complaint Center at www.ic3.gov.Complaints about a specific business can be filed at www.bbb.org.
huntsville alabama homes for sale flood map
Huntsville Al homes for sale
Homes for sale in Huntsville Huntsville Houses We can assist you in finding Huntsville houses that will meet your needs and price range.You can search the entire Huntsville MLS for houses on your own without having to register. If you prefer we can set up an automated search for Huntsville Homes for you.
Huntsville homes for saleHuntsville Alabama MLS search, Automated Real Estate Search, HomeValue and Real Estate Market Updates, Huntsville Alabama area Rental Homes, Property Management
Huntsville Homes For SaleHuntsville Alabama MLS search, Automated Real Estate Search, HomeValue and Real Estate Market Updates, Huntsville Alabama area Rental Homes, Property Management.
Huntsville Alabama homes for sale
Filed under: huntsville al homes for sale,huntsville alabama homes for sale — Philip Winburn @ 9:10 pm Tags: huntsville al homes for sale. huntsville alabama homes for sale
Thursday, December 29, 2011
Wednesday, December 28, 2011
HUNTSVILLE HOMES FOR SALE
Huntsville homes for sale; Profitable multifamily investment property in Huntsville is difficult to find. December 28, 2011
Filed under: Homes for sale in Huntsville AL,huntsville al homes for sale,Huntsville homes,Investment property in Huntsville — Philip Winburn @ 2:16 pm Edit This
Big fish at Guntersville Lake
I’ve worked with a lot of out of area investors looking for multifamilyproperty in Huntsville. One most be extremely cautious. Most of theavailable properties are in undesirable areas where it is very difficult tofind stable tenants. There is a high turnover and make ready costs betweentenants can be a cash flow killer. It’s rare that well priced properties indecent areas are posted on MLS. Most sales of desirable properties are aresult of word of mouth.
The other issue is finding hands on, consistent property management. Thereare few local managers willing to handle multifamily. From our perspectivethey are a poor investment of resources. It takes at least twice as manyresources to manage a $400 – $500 rental as it does to manage a $2,000rental. Our income from cheaper properties is a fraction of what we earn onthe larger homes.
There are only a handful of local managers that are taking on multifamilyproperties. It’s hit and miss on weather their clients are happy with theirservice.
Huntsville homes for sale Huntsville Alabama MLS search, Automated Real Estate Search, HomeValue and Real Estate Market Updates, Huntsville Alabama area Rental Homes, Property Management.
I do have friends who own a good bit of C class property Huntsville homes for sale that seem to have ahandle on managing them. They have a few properties listed, more that couldbe sold and indicated a willingness to continue management at least for atime. I’ve tried to convince them to do outside management because there issuch a need but they have their hands full with the properties they have andtwo sons involved in football and wrestling. Please let me know if you mighthave an interest in their properties.
I work mostly in single family properties. The cash flow may not be as goodas multifamily but appreciation, liquidity and ease of management are muchbetter.
Valley Mls, Huntsville Mls SearchValley mls, huntsville mls search; valley mls has limited features and can be difficult to use. If you have trouble or aren’t sure where to start just let us know what you are looking for and we will help. Http://www. Huntsville-homes. Com
Filed under: Homes for sale in Huntsville AL,huntsville al homes for sale,Huntsville homes,Investment property in Huntsville — Philip Winburn @ 2:16 pm Edit This
Big fish at Guntersville Lake
I’ve worked with a lot of out of area investors looking for multifamilyproperty in Huntsville. One most be extremely cautious. Most of theavailable properties are in undesirable areas where it is very difficult tofind stable tenants. There is a high turnover and make ready costs betweentenants can be a cash flow killer. It’s rare that well priced properties indecent areas are posted on MLS. Most sales of desirable properties are aresult of word of mouth.
The other issue is finding hands on, consistent property management. Thereare few local managers willing to handle multifamily. From our perspectivethey are a poor investment of resources. It takes at least twice as manyresources to manage a $400 – $500 rental as it does to manage a $2,000rental. Our income from cheaper properties is a fraction of what we earn onthe larger homes.
There are only a handful of local managers that are taking on multifamilyproperties. It’s hit and miss on weather their clients are happy with theirservice.
Huntsville homes for sale Huntsville Alabama MLS search, Automated Real Estate Search, HomeValue and Real Estate Market Updates, Huntsville Alabama area Rental Homes, Property Management.
I do have friends who own a good bit of C class property Huntsville homes for sale that seem to have ahandle on managing them. They have a few properties listed, more that couldbe sold and indicated a willingness to continue management at least for atime. I’ve tried to convince them to do outside management because there issuch a need but they have their hands full with the properties they have andtwo sons involved in football and wrestling. Please let me know if you mighthave an interest in their properties.
I work mostly in single family properties. The cash flow may not be as goodas multifamily but appreciation, liquidity and ease of management are muchbetter.
Valley Mls, Huntsville Mls SearchValley mls, huntsville mls search; valley mls has limited features and can be difficult to use. If you have trouble or aren’t sure where to start just let us know what you are looking for and we will help. Http://www. Huntsville-homes. Com
Tuesday, December 13, 2011
Homes for sale in Huntsville al
Homes for sale in Huntsville AL; Multi family properties,
December 13th, 2011 6:26 PM
Homes for sale in Huntsville AL; Multi family properties,
the link below is to a map of the location and Google's interactive street view. ( The house is located in south Huntsville.)http://maps.google.com/maps?q=4023+HUNTERS+RIDGE+DRIVE,+HUNTSVILLE,+AL+35802&hl=en&ll=34.679382,-86.579304&spn=0.030068,0.084372&sll=37.0625,-95.677068&sspn=29.716225,86.396484&vpsrc=6&hnear=4023+Hunters+Ridge+Dr+SW,+Huntsville,+Alabama+35802&t=m&z=14The unit came on the market 12/07/11 and last sold in 07 at $260,000.http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115119593The link below is to a summary of MLS activity in the complex in the past 12 months. There have been no sales. I had to look back to 2008 to find any sales. (The market for multi-family has crashed since then.)http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115119598I would urge caution in this neighborhood. It is a relatively large development with many different owners. Some owners are better than others in tenant screening and maintenance. The area seem stable but it will take a strong, consistent hands on manager to make this unit profitable.The link below is to a unit in a much better area that might be worth a closer look.
December 13th, 2011 6:26 PM
Homes for sale in Huntsville AL; Multi family properties,
the link below is to a map of the location and Google's interactive street view. ( The house is located in south Huntsville.)http://maps.google.com/maps?q=4023+HUNTERS+RIDGE+DRIVE,+HUNTSVILLE,+AL+35802&hl=en&ll=34.679382,-86.579304&spn=0.030068,0.084372&sll=37.0625,-95.677068&sspn=29.716225,86.396484&vpsrc=6&hnear=4023+Hunters+Ridge+Dr+SW,+Huntsville,+Alabama+35802&t=m&z=14The unit came on the market 12/07/11 and last sold in 07 at $260,000.http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115119593The link below is to a summary of MLS activity in the complex in the past 12 months. There have been no sales. I had to look back to 2008 to find any sales. (The market for multi-family has crashed since then.)http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115119598I would urge caution in this neighborhood. It is a relatively large development with many different owners. Some owners are better than others in tenant screening and maintenance. The area seem stable but it will take a strong, consistent hands on manager to make this unit profitable.The link below is to a unit in a much better area that might be worth a closer look.
Sunday, December 11, 2011
huntsville homes for sale
With market values going down in most markets, taxpayers would like to turn the sale of a personal residence loss (which is not deductible) into a capital loss (which is deductible) but it could potentially backfire if it is not handled correctly
December 11th, 2011 10:12 AM
With market values going down in most markets, taxpayers would like to turn the sale of a personal residence loss (which is not deductible) into a capital loss (which is deductible) but it could potentially backfire if it is not handled correctly
Active participation standards are met if the taxpayer or the taxpayer’s spouse participates in management of the rental property in a significant and bona fide sense. For example, management decisions such as approving new tenants, deciding on rental terms, approving expenditures, and similar decisions meet active participation standards.
This said it is important that simply “saying” you perform these duties is not adequate. They must be documented in the form of signed leases, emails approving expense, rental and property management decisions, approve repairs and maintenance quotes, etc. Documentation is key to preventing the IRS from disallowing these deductions. Simply put the IRS cannot audit air, only what is documented.
This does not prevent homeowner’s from engaging in a property manager to assist them with operating the property but they must stay involved.
Lastly the $25,000 special loss allowance benefit begins to be reduced starting at a $100,000 of adjusted gross income for someone married filing joint and completely phases out at $150,000 Adjusted gross income. AGI.
There is a difference between a Huntsville homes for sale being treated as an investment/rental property and rent incidental to a sale. A six month lease would probably be considered as rent incidental to a sale. This expenses would just increase basis of the personal residence. Leases should be for at least a year.
Each situation has specific circumstances and this information should be reviewed with a qualified tax professional before relying on it’s accuracy and application This is general information about meeting the “active participation” standards which would allow a real property owned to deduct these losses.
There are additional specific situations that can affect these rental losses as well which need to be looked at on a case by case basis. The most important thing is the need to have supporting documentation for these rental real property activities
You’ve got to be careful about turning a personal residence into a capital gain asset. I know that with market values going down taxpayers would like to turn the sale of a personal residence loss (not deductible) into a capital loss (deductible) but it could potentially backfire if it is not handle correctly. The other the timing between converting a personal residence to rental property and the sale of that same property.
The bottom line is the IRS will look at the facts and circumstances of a taxpayer’s position and if they deemed as tax avoidance they will disallow that position.
The information provided in here is stated in general terms. We are not tax professionals and readers must contact a qualified tax professional before relying on this information
December 11th, 2011 10:12 AM
With market values going down in most markets, taxpayers would like to turn the sale of a personal residence loss (which is not deductible) into a capital loss (which is deductible) but it could potentially backfire if it is not handled correctly
Active participation standards are met if the taxpayer or the taxpayer’s spouse participates in management of the rental property in a significant and bona fide sense. For example, management decisions such as approving new tenants, deciding on rental terms, approving expenditures, and similar decisions meet active participation standards.
This said it is important that simply “saying” you perform these duties is not adequate. They must be documented in the form of signed leases, emails approving expense, rental and property management decisions, approve repairs and maintenance quotes, etc. Documentation is key to preventing the IRS from disallowing these deductions. Simply put the IRS cannot audit air, only what is documented.
This does not prevent homeowner’s from engaging in a property manager to assist them with operating the property but they must stay involved.
Lastly the $25,000 special loss allowance benefit begins to be reduced starting at a $100,000 of adjusted gross income for someone married filing joint and completely phases out at $150,000 Adjusted gross income. AGI.
There is a difference between a Huntsville homes for sale being treated as an investment/rental property and rent incidental to a sale. A six month lease would probably be considered as rent incidental to a sale. This expenses would just increase basis of the personal residence. Leases should be for at least a year.
Each situation has specific circumstances and this information should be reviewed with a qualified tax professional before relying on it’s accuracy and application This is general information about meeting the “active participation” standards which would allow a real property owned to deduct these losses.
There are additional specific situations that can affect these rental losses as well which need to be looked at on a case by case basis. The most important thing is the need to have supporting documentation for these rental real property activities
You’ve got to be careful about turning a personal residence into a capital gain asset. I know that with market values going down taxpayers would like to turn the sale of a personal residence loss (not deductible) into a capital loss (deductible) but it could potentially backfire if it is not handle correctly. The other the timing between converting a personal residence to rental property and the sale of that same property.
The bottom line is the IRS will look at the facts and circumstances of a taxpayer’s position and if they deemed as tax avoidance they will disallow that position.
The information provided in here is stated in general terms. We are not tax professionals and readers must contact a qualified tax professional before relying on this information
Saturday, December 10, 2011
Valley MLS, Huntsville MLS Search
Valley MLS, Huntsville MLS Search Morgan County Tax records show a construction date of 1971.The flood map below shows the closest flood zone is about 4,000' away.
I have a call into the listing broker regarding a storm shelter.
The link below is to a nearby storm shelter company. Their shelters are $6.999.
http://www.safetyshelter.com/ss.html
The link below is to the Google satellite image.
http://maps.google.com/maps?q=1251+NANCEFORD+ROAD,+HARTSELLE,+AL+35640&hl=en&ll=34.419863,-86.958992&spn=0.001987,0.005273&sll=37.0625,-95.677068&sspn=31.28862,86.396484&vpsrc=6&hnear=1251+Nance+Ford+Rd+SW,+Hartselle,+Alabama+35640&t=h&z=18
The link below is to the Google street view.
http://maps.google.com/maps?q=1251+NANCEFORD+ROAD,+HARTSELLE,+AL+35640&hl=en&ll=34.419304,-86.957981&spn=0.000009,0.005273&sll=37.0625,-95.677068&sspn=31.28862,86.396484&vpsrc=6&hnear=1251+Nance+Ford+Rd+SW,+Hartselle,+Alabama+35640&t=h&z=18&layer=c&cbll=34.419304,-86.957981&panoid=Vj0gA6GIRvaEFlJ9Zkppiw&cbp=12,318.84,,0,0
Google estimates 36 min to Redstone Arsenal / Research Park.
http://maps.google.com/maps?saddr=I-565+W&daddr=1251+NANCEFORD+ROAD,+HARTSELLE,+AL+35640&hl=en&sll=34.611736,-86.7453&sspn=0.507476,1.349945&geocode=FTCUEQIdXnLV-g%3BFUQ1DQIdTh_R-il75727tiuIiDF_xIyQ0zV5yQ&vpsrc=0&mra=dme&mrsp=0&sz=10&t=h&z=10
The house has been on the market since 07/10/10 and was originally listed at $389,000
The link below is to the listing where the current owner bought the house on 10/13/2005 for $297,550 with his seller paying $7,650 of his closing costs. seller's break even point on a sale will be in the $325,000 range exactly where the house is listed now.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115077614
Please let me know if there is anything else I can be doing for you.
I have a call into the listing broker regarding a storm shelter.
The link below is to a nearby storm shelter company. Their shelters are $6.999.
http://www.safetyshelter.com/ss.html
The link below is to the Google satellite image.
http://maps.google.com/maps?q=1251+NANCEFORD+ROAD,+HARTSELLE,+AL+35640&hl=en&ll=34.419863,-86.958992&spn=0.001987,0.005273&sll=37.0625,-95.677068&sspn=31.28862,86.396484&vpsrc=6&hnear=1251+Nance+Ford+Rd+SW,+Hartselle,+Alabama+35640&t=h&z=18
The link below is to the Google street view.
http://maps.google.com/maps?q=1251+NANCEFORD+ROAD,+HARTSELLE,+AL+35640&hl=en&ll=34.419304,-86.957981&spn=0.000009,0.005273&sll=37.0625,-95.677068&sspn=31.28862,86.396484&vpsrc=6&hnear=1251+Nance+Ford+Rd+SW,+Hartselle,+Alabama+35640&t=h&z=18&layer=c&cbll=34.419304,-86.957981&panoid=Vj0gA6GIRvaEFlJ9Zkppiw&cbp=12,318.84,,0,0
Google estimates 36 min to Redstone Arsenal / Research Park.
http://maps.google.com/maps?saddr=I-565+W&daddr=1251+NANCEFORD+ROAD,+HARTSELLE,+AL+35640&hl=en&sll=34.611736,-86.7453&sspn=0.507476,1.349945&geocode=FTCUEQIdXnLV-g%3BFUQ1DQIdTh_R-il75727tiuIiDF_xIyQ0zV5yQ&vpsrc=0&mra=dme&mrsp=0&sz=10&t=h&z=10
The house has been on the market since 07/10/10 and was originally listed at $389,000
The link below is to the listing where the current owner bought the house on 10/13/2005 for $297,550 with his seller paying $7,650 of his closing costs. seller's break even point on a sale will be in the $325,000 range exactly where the house is listed now.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115077614
Please let me know if there is anything else I can be doing for you.
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