RE/MAX Lakeside sells Lake Arrowhead Real Estate

Posts Tagged ‘1031 Exchange Lake Arrohead Real Estate’

Restful and Peaceful Mountain getaway  Located in Cedar Ridge Estates. This custom Alpine Log Home has a spacious open floor plan offering panoramic forest views, situated on over 6 acres.Approx.2 acres are fenced.Drive up to your own gated property. 2 bedrooms plus a loft, 2.75 baths,master bedroom with cedar lined closets and his and her bath areas,Granite kitchen with sub-zero fridge, to many amenties to mention. custom stone work, beautiful workmanship, 3 car garage, landscaped w/waterfall. $1,750,000

Great Barvarian style home located on a private road offers 3 bedrooms, 2 bathrooms, large living room w/gas starter FP, open kitchen & dining area, large deck for family BBQ’s. Laundry & storage in build-up under deck, Newer Deck, New paint inside & out, new carpet, drywall repaired by week of 9/7/10 for polished look. Priced to Sell at $210,000

Memorial Weekend Open House Schedule for Lake Arrowhead California 

RE/MAX Lakeside Lake Arrowhead Real Estate  

Hosted by Sophie Formby  

Saturday May 29, 2010, 10:00am – 1:00pm,   

769 SIERRA VISTA DRIVE   

Twin Peaks California.   

This charming cute, cozy 3 bedroom, 1.5 bathroom, level, entry home in Twin Peaks. Perfect for a weekend gateway or full time home.  In Aqua Fria Mutual Service Co. Area, $180/YR (pool).  Shared driveway. Pride of ownership, newer roof, water heater, high efficient furnace, stove range, updated electrical and newer light fixtures.  Nestles in the trees, with easy access and ideal for commuters. $189,900  

Hosted by Charlie Dickinson 

Sunday May 30, & Monday May 31, 2010, 12:00pm – 5:00pm27937  

West Shore  

Lake Arrowhead California.  

Amazing Lake View! Walk to lake & dock, ALA access out your back door. 3 bed, 3 bath home offers studio w/kitchenette for possible rental, large living room, game room, 2 bedrooms on main, master above, furnishings per inventory, wrap around deck, level entry into 2 car garage. Dock Available for additional$$$ $597,000  

 Hosted by Barry Lieberman 

 Saturday May 29, Sunday May 30, & Monday May 31, 2010, 1:00pm – 5:00pm27594 MEADOW BAY DR.  

Lake Arrowhead California.  

Gated Lake-side Retreat now available.  Artistically remodeled and updated using the perfect blend of stones, wood, glass & touch of iron.  Amazing Great-Room with Vaulted wood-beamed ceilings leading to roof-top viewing windows!   Floor to ceiling stone-Fireplace and entire room surrounded by windows to take in all those beautiful Pine Trees, Sunshine and Fresh-Air!  Located within the Gates of Meadow-Shores, on the cul-de-sac with the lake and your dock (included) is right across the street. $895,000  

Hosted By Barry Lieberman  

Saturday May 29, Sunday May 30, & Monday May 31, 2010, 1:00pm – 5:00pm  27598 MEADOW BAY  

Lake Arrowhead California   

Lakeside Elegance at it’s finest!   Right across from the lake and your dock…  How nice is that! Nearly 4000sq’ and all updated and as Gorgeous as could be with Solid Brazilian Wood flooring, Travertine & Glass Baths, Spacious Kitchen with Granite & SS Pro-Appliances opens to Nook, Family-Room and Dining Room with floor-ceiling windows!  3 fireplaces, 3car-garage, Gym/wine-cellar, Bonus-Room, Office/5thbdrm, Landscaped, Billiards/Piano Room, Boat-garage… WOW!!   Gated-Community on cul-de-sac! $1,195,000  

Hosted By Mary Vail

Sunday May 30, 2010, 10:00am – 2:00pm 28150 POINT HAMILTAIR LANE 

Lake Arrowhead California.

On the tip of the peninsula in Point Hamiltair. One of the most coveted Lakefront Lots. Level entry, situated on approx. 200 feet of pristine shoreline, offers a unique 270 degree view of Lake ARROWHEAD. Tastefully and lovingly remodeled. Newer slate select roof, master Bedroom on main floor. Move right in and enjoy 4^th of July fireworks from your own Deck. $ 4,000,000  

For more information on the properties listed above go to RE/MAX Lakeside Lake Arrowhead Real Estate. Or call (909) 337-9999.  

HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS

Measure to help bring stability to home values and accelerate sale of vacant properties

According to Property-Partners.com, HUD made a surprising announcement This week:

In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high (which is essentially everywhere). A positive change of policy will expand access to FHA mortgage insurance allowing for the quick resale of foreclosed properties by investors.

This change allows home-buyers to buy and resell immediately without having to wait the 90-days for title seasoning… good news for home-buyers who purchase, improve and re-sell properties at an affordable price to homeowners.

Read HUD’S Announcement by clicking here.

RE/MAX Lakeside – 1031 Exchange and what you need to know….

Internal Revenue Code 1031 is a powerful tool for deferring capital gains tax on commercial/investment transactions. This section allows taxpayers to exchange real or personal property for new “Like-Kind” property, while deferring recognition of any capital gains.

Section 1031 creates the ability for you to defer capital gains on commercial/investment transactions by placing your sale proceeds with a “Qualified Intermediary” for up to 180 days until the closing of the purchae of the replacement property.

The most commonly used tax-deferral strategy is the Forward Delayed Exchange. In a typical Delayed Exchange, the taxpayer sells a business or investment property and acquires replacement property of equal or greater value within 180 days. The use of the Exchange Service is required to facilitate a valid tax-deferred exchange.

Before you begin the exchange process, be sure to consult your accountant or financial advisor to insure that a 1031 exchange is right for you.

Step One: Sale of the relinquished Property

Step Two: Identification of the Replacement Property. The Exchanger must identify the property to be purchased within 45 days following the sale of the Relinquished Property.

Step Three: Purchase of the Replacement Property. The Exchanger must obtain the Replacement Property within 180 days following the sale of the Relinquished Property.

FOR MORE INFORMATION GO TO: WWW.IRE.GOV