INCLINE VILLAGE REAL ESTATE

PROPERTY TAXES IN NEVADA

noreply@blogger.com (Randy Bull) — Fri, 13 Jan 2023 16:58:00 +0000

In Nevada, property taxes are levied by local governments, such as counties and cities, as well as by special districts, such as school districts. The property tax rate in Nevada is set by these entities and is typically expressed as a percentage of the assessed value of a property. In Nevada, the property tax rate is generally lower than in many other states, which helps to keep property tax bills low for homeowners.

One of the main reasons for the low property tax rate in Nevada is the state's constitution and laws that limit the amount of property tax revenue that local governments can collect. Nevada's constitution, for example, caps the property tax rate at 1.25% of assessed value for most property, and limits the growth of property tax revenues to 3% per year, unless voter approved. This cap on the property tax rate helps to keep property tax bills low, even as property values increase.

Another reason for the low property taxes in Nevada is the state's tax structure. Nevada has no state income tax, which means that the state relies more heavily on other forms of revenue, such as sales taxes, to fund its operations. This can make it easier for local governments to keep property tax rates low, since they are not competing with the state for revenue. Additionally, Nevada has a relatively low overall tax burden compared to other states, which also helps to keep property taxes low.

Finally, Nevada's economy is driven by tourism and service industries, as well as by the construction and development of new housing and commercial properties, which may also contribute to the lower property taxes. The state government and local entities may use this revenue to attract and retain businesses and residents.

In summary, property taxes are generally low in Nevada due to a combination of constitutional and statutory caps on property tax rates, the state's tax structure, low overall tax burden, and the economy driven by tourism and real estate development.

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

MAJOR COMMERCIAL REAL ESTATE BROKERAGES IN NORTHERN NEVADA

noreply@blogger.com (Randy Bull) — Fri, 13 Jan 2023 16:52:00 +0000

Dickson Commercial Group
Colliers International
Sperry Van Ness/Voit Real Estate Services
CBRE
Newmark Knight Frank
Marcus & Millichap Real Estate Investment Services
Berkshire Hathaway HomeServices
Lee & Associates
NAI Alliance
Summit Commercial Real Estate Please note that this is not a definitive list and other brokerages in northern Nevada may also be significant players in the commercial real estate market.

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

SITES TO SEARCH REAL ESTATE

noreply@blogger.com (Randy Bull) — Fri, 13 Jan 2023 16:47:00 +0000

Some websites for searching new real estate listings in Northern Nevada include:

Zillow.com
Realtor.com
Redfin.com
Trulia.com
Homes.com
Homesnap.com
Realestate.com

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

INCLINE VILLAGE, NEVADA - LOW PROPERTY TAXES NO STATE INCOME TAX

noreply@blogger.com (Randy Bull) — Tue, 14 Apr 2020 16:48:00 +0000

Nevada Ownership Tax Advantages

Tax Advantages of Nevada Ownership

The State of Nevada offers one of the most tax and business friendly environments of any state. CPA's, tax advisers, and asset protection specialists have recognized the benefits of calling Nevada home for years.

Sixteen Reasons to become a Nevada Resident

No personal income tax

No corporate income tax

No gross receipts tax

No franchise tax

No inventory tax

No tax on issuance of corporate shares

No requirements of shareholders & directors to live in Nevada

No tax on sale or transfer of shares

No succession or inheritance with IRS

No sharing of information with IRS

Simple annual requirements

Protection for Directors and Officers

No initial or minimum capital requirements

Anonymity of owners-Total Privacy

Low property taxes

Business friendly environment

Privacy is yours in Nevada

If you have ever been audited by our friends at the IRS, you understand the expense and hassle of doing business with them.The State of Nevada is the only state in the nation that does not share information with the IRS. It has been noted by tax professionals that many audits are derived because information shared by the states with the IRS does not match up.

You privacy is further valued by the State of Nevada because they do not require a registration of stockholders. Your stockholders stay anonymous and are protected because their names do not show up on every website and list about your corporation.

"Bearer Shares" used to be a very common tool for promoting and expanding your business. In today's wired world, bureaucrats and tax agencies want to know everything about everyone so that they can ensure thorough collection of tax revenues. The advantage to Bearer Shares is that they are owned by whoever physically owns the stock/share and this information is kept between the corporation and the owner of the shares.

Assets held within a Nevada corporation are not required to be disclosed. Most states not only require disclosure of assets, they also tax you on those assets.

Lastly, your attorney can become the corporation's Officer and Director with you being the sole shareholder, thus almost ensuring complete anonymity.

Saving Money on Taxes
So you might be asking yourself, if Nevada does not tax corporate profits, or tax franchises or even tax personal income, how do they pay the bills? One word, gaming. The revenues Nevada realizes because of gaming is significant enough to fund most government operations.

Nevada also wants your business. Nevada has realized that if they are friendly to businesses, this benefits the businesses, the employees and the state. Yes there is a state that actually believes in a "Win-Win" mentality, and Nevada makes it clear that that is their intention.

How to take advantage of Nevada's tax benefitsThere are two ways to reap Nevada's freedom from taxes. First is to start a corporation for your business' tax relief. Consult a Nevada CPA or legal professional for more detailed information on incorporating your business in Nevada.

As an individual, you will need to become a resident of the state. Individuals who are "domiciled" in Nevada and become Nevada residents will generally escape state taxation of their income, except for income arising from sources within another state. Again, check with your financial professional on income derived in other states. Even if part of your income has to be taxed in other states, you may still see a reduction in your overall tax liability.

Test for ResidencyVarious factors are considered in determining whether a taxpayer has met Nevada's residency criteria.

How long are you physically present in Nevada during the year?

Where do you have sources of income?

Where are you registered to vote?

Where do you own a house?

Where do you claim the homeowner’s exemption?

Where is your driver’s license issued?

Where are your closest business contacts, including clubs?

Where are your vehicles are registered?

Where your minor children attend school, and whether you paid resident or non-resident tuition.

Which state has jurisdiction in the administration of your wills and trusts?

Where have you obtained a homestead exemption?

Where do you maintain a safety deposit boxes?

Where do you file an affidavit of domicile?

Where do you own a cemetery plot?

Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Northern Nevada home sales jump in 2017 | nnbw.com

noreply@blogger.com (Randy Bull) — Fri, 19 Jan 2018 09:54:00 +0000

Northern Nevada home sales jump in 2017 | nnbw.com:

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

Bay Area homeowners finding luxury bargains in Reno market | nnbw.com

noreply@blogger.com (Randy Bull) — Fri, 19 Jan 2018 09:50:00 +0000

Bay Area homeowners finding luxury bargains in Reno market | nnbw.com:

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

The US Cities with the Biggest Housing Bubbles | Wolf Street

noreply@blogger.com (Randy Bull) — Thu, 30 Nov 2017 18:28:00 +0000

Article link: The US Cities with the Biggest Housing Bubbles | Wolf Street:

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

How To Buy Bitcoin: It's Easier Than You Think | Investing.com

noreply@blogger.com (Randy Bull) — Wed, 29 Nov 2017 15:07:00 +0000

How To Buy Bitcoin: It's Easier Than You Think | Investing.com:

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

Top-Selling Master-Planned Communities | John Burns Real Estate Consulting

noreply@blogger.com (Randy Bull) — Tue, 28 Nov 2017 12:05:00 +0000

Top-Selling Master-Planned Communities | John Burns Real Estate Consulting:

Every year, John Burns Real Estate Consulting, LLC ranks the top masterplans in the country based on new home sales. Feedback from numerous industry contacts and our boots-on-the-ground consultants supports the diligent research that goes into producing our prestigious, annual ranking.

John Burns Real Estate Consulting, LLC applauds the nation’s top 50 masterplans for their strong new home sales in 2016. We reviewed nearly 340 masterplans to arrive at our Top 50 list, ranked by 2016 new home sales net of cancellations.

In 2016, the top 50 master-planned communities (MPCs) in our annual ranking sold over 24,000 homes, representing:
an 9% increase over 2015
3% of all new single-family home sales nationally
a new record for sales volume in the seven years we have been compiling our list

Please contact Jody Kahn at jkahn@realestateconsulting.com and 603-235-5760 or Devyn Bachman at dbachman@realestateconsulting.com and (303) 956-9881 with questions about any of the top 50 communities of 2016.

Read the Top 50 MPC of 2016 Newsletter Release

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

John Burns Real Estate Consulting | Trusted Analysis for Executive Decisions

noreply@blogger.com (Randy Bull) — Tue, 28 Nov 2017 12:00:00 +0000

John Burns Real Estate Consulting | Trusted Analysis for Executive Decisions:

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

These 6 investment newsletters have delivered top returns in good stock markets and bad - MarketWatch

noreply@blogger.com (Randy Bull) — Tue, 28 Nov 2017 11:29:00 +0000

These 6 investment newsletters have delivered top returns in good stock markets and bad - MarketWatch:

So what’s the solution for skittish investors? One option is to only follow managers who have historically produced above-average performance in both up- and down markets. Few managers satisfy these dual criteria, but those who do tend to have both good returns and low risk — just the kind of manager that anxious investors are more likely to follow through thick and thin.

Each year for two decades I have compiled a list of investment newsletter editors who meet these dual criteria; I call it my Investment Newsletter Honor Roll.

On average, the model portfolios of the Honor Roll newsletters have been 25% less risky than the overall stock market, as measured by the volatility of their returns — even as they’ve also outperformed the newsletters that did not make my Honor Roll by 2.7 percentage points per year over the last decade.

It’s been a winning combination.

Read: Here’s how to boost returns while reducing risk

Currently, just six newsletters among those I monitor make the Honor Roll:

Bob Brinker’s Marketimer, edited by Bob Brinker
The Buyback Letter, edited by David Fried
Investment Quality Trends, edited by Kelley Wright
Investment Reporter, published by the Canadian Business Service
Investor Advisory Service, edited by Douglas Gerlach
Sound Advice, edited by Grey Cardiff

With that said, I should note that while the Honor Roll newsletters have outperformed the typical service not on the Honor Roll, they on average have not outperformed a broad stock-market index fund. But that may not be a reason to shun them. It’s only when these managers’ returns are analyzed in light of their reduced risk that their value is appreciated.

In fact, an index fund may well be an inappropriate standard against which to judge these newsletters, since few investors are actually willing to stick with an index fund through a bear market. As Claude Erb, a former fixed-income and commodities manager at mutual-fund firm TCW Group, put it to me in an email: “The people who can truly stomach the volatility of a 100% stock portfolio are either catatonic or dead.”

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

These are the hottest real-estate markets in the U.S. - MarketWatch

noreply@blogger.com (Randy Bull) — Tue, 28 Nov 2017 11:13:00 +0000

These are the hottest real-estate markets in the U.S. - MarketWatch:

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

Just Solds / Closed... as of November 22, 2017

noreply@blogger.com (Randy Bull) — Mon, 27 Nov 2017 18:37:00 +0000

Link to Solds (Realtor.com)

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

Shoe Dog: A Memoir by the Creator of Nike: Phil Knight

noreply@blogger.com (Randy Bull) — Mon, 27 Nov 2017 18:10:00 +0000

Best of class business book (2016) per Warren Buffet and Bill Gates.

View via my Amazon affiliate link...

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

Lower Inventory Equals Higher Prices in North Shore | Sierra Sun Newspaper Article

noreply@blogger.com (Randy Bull) — Fri, 17 Nov 2017 00:24:00 +0000

In their periodic Sierra Sun newspaper article, Don Kanare and Sabrina Belleci of ReMax Realty provide a current market update.

"In mid-November of 2009, there were 439 properties for sale in Incline Village and Crystal Bay. Fast-forward to 2017, and the current inventory level is hovering around 190 houses, condos, and freestanding condos listed on the Incline Village Multiple Listing Service. We are looking at approximately 400 total unit sales in 2017 versus 156 sales in 2009."

Link to entire article: Lower inventory equals higher prices in North Shore | SierraSun.com:

Mount Rose East Bowl (Slide Mountain)

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

Lake Tahoe’s Real Estate Market Has Strong October - Mansion Global

noreply@blogger.com (Randy Bull) — Thu, 09 Nov 2017 17:22:00 +0000

Tahoe’s most exclusive real estate is located on the waterfront, which also experienced an uptick in sales in October compared to a year ago. Four multi-million-dollar lakefront properties closed in October and five were in contract, compared to just two closings last year and two in contract.

The median price for a lakefront home (on either the California or Nevada side) was just under $4 million.

The first three quarters of 2017 saw an unexpected decrease in overall sales that led some to think the market was headed for a slowdown. October figures have helped assuage those fears.

“The strong October numbers signal the Tahoe real estate is not pulling back as some have suggested,” said Bill Dietz, principal broker of Tahoe Luxury Properties, in the report. He said he expects strong sales to continue through the end of the year.

Link to Mansion Global original article: Lake Tahoe’s Real Estate Market Has Strong October - Mansion Global:

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

Another Price Cut for Montana’s 22-Acre Shelter Island - Mansion Global

noreply@blogger.com (Randy Bull) — Mon, 30 Oct 2017 12:21:00 +0000

If it wasn't Tahoe for me it would be Flathead Lake. Check it out: Another Price Cut for Montana’s 22-Acre Shelter Island - Mansion Global:

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

Incline Village, NV Recently Sold Homes - realtor.com®

noreply@blogger.com (Randy Bull) — Mon, 23 Oct 2017 13:41:00 +0000

Link to Realtor.com Just Solds Databse: Incline Village, NV Recently Sold Homes - realtor.com®:

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

Wheelchair-Friendly Tiny House "Wheel Pad" Offers Independence for Newly Disabled Family Members

noreply@blogger.com (Randy Bull) — Sun, 22 Oct 2017 14:39:00 +0000

Here is a great article and video about Universal Living design applied to a tiny home. It's an awesome solution for continuing independent living in an accessory building to a larger residence. Check it out.

Youtube Video

Link to article: Wheelchair-Friendly Tiny House "Wheel Pad" Offers Independence for Newly Disabled Family Members:

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

65 Best Tiny Houses 2017 - Country Living

noreply@blogger.com (Randy Bull) — Sun, 22 Oct 2017 14:27:00 +0000

Many good ideas in this compilation of Tiny Homes.

Link to Country Living article: 65 Best Tiny Houses 2017 - Small House Pictures:

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

Reno, NV Foreclosures & Foreclosed Homes for Sale: Source - Realtor.com®

noreply@blogger.com (Randy Bull) — Thu, 21 Sep 2017 16:57:00 +0000

Yes, there are still foreclosures to be found in both Incline and Reno: Reno, NV Foreclosures & Foreclosed Homes for Sale - realtor.com®:

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

Reno, NV Housing Market, Trends, and Schools Per Realtor.com®

noreply@blogger.com (Randy Bull) — Thu, 21 Sep 2017 16:54:00 +0000

Follow the link... :Reno, NV Housing Market, Trends, and Schools - realtor.com®:

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

Home Flipping 5.6% of all Sales in Q2 - Real Estate Investing Today

noreply@blogger.com (Randy Bull) — Mon, 18 Sep 2017 21:23:00 +0000

Read the story... , and the National Association of Real Estate Investors blog: Home Flipping 5.6% of all Sales in Q2 - Real Estate Investing Today:

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

Tax-Rates.org - The Tax Information Portal

noreply@blogger.com (Randy Bull) — Mon, 18 Sep 2017 21:21:00 +0000

Useful tool. Compare property, sales and income tax rates by state on this site: Tax-Rates.org - The Tax Information Portal:

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.

Lake Tahoe and Truckee suffer housing shortage, high housing costs | The Sacramento Bee

noreply@blogger.com (Randy Bull) — Fri, 25 Aug 2017 19:32:00 +0000

Link to Sacramento Bee article: Lake Tahoe and Truckee suffer housing shortage, high housing costs | The Sacramento Bee:

If you are searching for a rental, see my directory of Incline Village specific property manager. Go to "RENTALS" via the main menu.

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.