2019 – Terrazzo and Taxes

Have you thought about how your 2018 return will be affected by recent changes?  There’s good information here, from Forbes.

I found the tables below helpful.  Additional information follows.

Married filing jointly:

Tax rate Taxable income bracket Tax owed
10% $0 to $19,050 10% of taxable income
12% $19,051 to $77,400 $1,905 plus 12% of the amount over $19,050
22% $77,401 to $165,000 $8,907 plus 22% of the amount over $77,400
24% $165,001 to $315,000 $28,179 plus 24% of the amount over $165,000
32% $315,001 to $400,000 $64,179 plus 32% of the amount over $315,000
35% $400,001 to $600,000 $91,379 plus 35% of the amount over $400,000
37% $600,001 or more $161,379 plus 37% of the amount over $600,000

Single Filers

Tax rate Taxable income bracket Tax owed
10% $0 to $9,525 10% of taxable income
12% $9,526 to $38,700 $952.50 plus 12% of the amount over $9,525
22% $38,701 to $82,500 $4,453.50 plus 22% of the amount over $38,700
24% $82,501 to $157,500 $14,089.50 plus 24% of the amount over $82,500
32% $157,501 to $200,000 $32,089.50 plus 32% of the amount over $157,500
35% $200,001 to $500,000 $45,689.50 plus 35% of the amount over $200,000
37% $500,001 or more $150,689.50 plus 37% of the amount over $500,000

Bracketing Examples:

Single Filer

2018-tax-brackets-Example-2_Desktop-1440x546

Aren’t we all very interested in taxes?  Read more.

*************************************************************************************

What about trends for our comfort?  You may rethink your colors and textures.  And wallpaper lovers everywhere will rejoice!  2019 is bringing a great deal of style with it.

I love the look of the terrazzo in the bath!  I don’t know if I’m bold enough to put those cabinets in my kitchen.  What about you?  Color, conversation, craftsmanship – trends for 2019 – read about it!

What Do You Hear From Your Agent?

Facebook Graphic #24

Of all the complaints real estate consumers voice, the loudest is probably that their agent never communicated with them once the house was listed. They ‘stuck a sign in the yard and we never heard from them again’. It’s hard to overcome this betrayal of trust.

Expectations are an important part of your relationship with your agent.  Set them at your first meeting.  Do you want weekly communication or to simply be informed about feedback from showings, offers, and a closing date?  What’s your preferred method?  A combination of phone, text and emails?  Is it important to minimize work day interruptions and that dastardly game known as phone tag?

A consistent schedule solves many problems.  Perhaps a check in on Mondays to go over weekend showings or open house feedback and Thursdays to do a run-down of the week’s activities and discuss the upcoming weekend schedule.

Allow for some flexibility.  I know texting is easy, but it’s not practical for all updates.  Realtors love to text but since they’re so frequently strapped into their cars, be prepared to wait a bit for a response.  They’re not ignoring you.  They’re attempting to get from A to B without raising their insurance rates.  I like to schedule an occasional visit, as well.  I want you to see my face and know I’m involved.   Continue reading What Do You Hear From Your Agent?