February Update
By Deb HartleyFeb 05, 2014
In the Middle of it All!
By Deb HartleyMar 21, 2012
If you want to be in the middle of it all, this is your home! Just steps to Main Street and Park City's best shopping, restaurants and entertainment. No need to make plans, they're right out your front door. This would also be a perfect investment property to rent. With it's location and high end, 'Deer Valley' finishes, anyone coming to Park City would be so lucky to stay here. The rental potential year round is limitless, but who wouldn't want to stay here during Sundance? Because of the rental potential this would be a great property for a condo buyer too.
2 bedrooms, 2 baths, 1,733 square feet, offered for $849,000
For more details & photos: http://lea-hartley.com/property-details?src=1&mls=9991795
Dr. Yun's Economic and Housing Market Outlook Overview
By Deb HartleyFeb 23, 2012
Lawrence Yun is Chief Economist and Senior Vice President of Research for the National Association of REALTORS® Research department. He presented his Economic and Housing Market Outlook at the monthly Park City Board of Realtors Board Luncheon on Thursday, February 16.
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Prevent New Tax Burdens on Real Estate
By Deb HartleyMay 21, 2010
Congress is considering new tax proposals that would place additional burdens on owners and investors in residential and commercial real estate. The real estate industry is still very fragile and likely to remain so. In better times, the real estate industry would be a dynamic engine of job creation. Any new tax burdens on real estate owners will impair and delay further recovery. These proposals are ill-advised, inopportune and potentially destructive. Please take action today to tell Congress "No New Real Estate Tax Burdens". Send a letter to the following decision maker(s): Your Congressperson Your Senators Below is the sample letter: Subject: REALTORS oppose new tax burdens on real estate Dear [decision maker name automatically inserted here], I am a Realtor and your constituent. Reports indicate that Congress may vote this week on a spending and tax measure that could include two harmful tax provisions directly affecting real estate. I urge you to oppose these changes. The first would require that ALL landlords provide an IRS Form 1099 to all contractors they do business with if they pay that contractor $600 or more in any given year. The proposal would apply even to those who own just one property. This is a trap for the unwary. Since many of my clients are "little guys" looking to supplement their income with real estate investments, any proposal requiring them to file Forms 1099 would impose new expenses and subject them to penalties they are ill-equipped to pay. Often these small landlords don't use tax professionals; if adopted, this proposal could force them to incur the expense of hiring tax professionals. This proposal is burdensome and overreaching. Oppose it. I also oppose a proposed change to tax carried interest at ordinary income rates. A real estate investment however, is fundamentally different from a hedge fund or financial instrument investment. An investment in real estate is nothing like playing with other people's money. Real estate is a fixed asset held for a long period of time. The worst thing about this proposal is that, for the first time, a particular type of real estate investment gain would no longer qualify for capital gains treatment. This is a terrible precedent. Oppose it. The real estate industry, in all its commercial, multi-family and individual investment categories, is still very fragile and likely to remain so. These proposals are ill-advised, inopportune and potentially destructive. Keep our real estate market recovery on track by opposing these measures. Take Action Sincerely, Deb Hartley
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