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Photo of The Coffman Team Real Estate
The Coffman Team
Keller Williams Realty Las Vegas
3090 S. Durango Dr. #100
Las Vega NV 89117
702-562-6364
Fax: 702-699-7779

Las Vegas Real Estate Update

The Right Move May Give You A Tax Deduction

If you move to a new home because of a new job or a job transfer, you may qualify for a moving expense deduction. The distance between the old home and the new job must be at least 50 miles more than the distance between the old home and the old job. The location of the new home is not taken into consideration.

Whether a homeowner or renter, you can deduct the cost of moving household goods and the direct cost of moving you and your family. You can also deduct expenses for lodging during the move but not meals.

Keep In Mind: While realty commissions, attorneys’ fees and other closing costs are no longer deductible as moving expenses, these costs can reduce capital gains by adding to the home’s cost basis or reducing the adjusted sales price.


Why Is It Smart to Size Up the Schools Before Buying a House?

When you buy a house, you also buy into the area schools. Why should schools influence the home choice of even childless couples? Resale values. Families will often spend thousands of dollars more for a home located in a better school district.
  •  Start with statisticsChalkboard
    Typically the best place to start is with research that relies heavily on statistics like test scores, high school graduation and college attendance rates, student-teacher ratios and spending per pupil. This data can give a snapshot of the condition of a school or school district over the recent past.
  • Visit, walk-through, ask
    If you have children and want to find out what the schools will be like for them, you need to visit the schools and see how well they are run, how ancient or modern are the buildings, and how well equipped they are. Pay attention to class size and teacher workload and whether enrichment courses are offered. You also need to talk to school staff to see what problems exist or are looming ahead. Budget cuts, a demographic shift in the area or local development that overwhelms schools with new students -- all can change the quality of schools.
  • Decide for yourself
    Even if the schools are the best in the state, you should look for what is best for your children. Some youngsters need a small, quiet school where individual efforts are rewarded, others thrive in a large, cosmopolitan atmosphere. Or your children may need personal attention to help cope with special learning styles.  

 

For the uninformed, blogging is hitting the Internet today and making a real impact! What is a blog? An easy explanation of this is a WEB LOG or a journal on the web … it’s a place where folks can “voice” their thoughts, share ideas, or comment on those of others. Las Vegas, Nevada now has such a blog where new items of interest will be posted and where comments can be made. Topics can range from those related to real estate and community highlights to local events of interest or anything personal or business related that might be perceived as worthwhile information for public knowledge, discussion and/or use. It’s even possible to subscribe to a blog of interest and receive textual updates on your iPod! Check out the latest updates for the Las Vegas Real Estate Blog:

http://www.lasvegasweloveit.com/blog.asp

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The Coffman Team
Keller Williams Realty Las Vegas
3090 S. Durango Dr. #100
Las Vega NV 89117
© 2003 – 2009 Real Pro Systems, LLC
Last modified 7/3/2009