Completely Renovated Ranch With Sprwaling Grounds, New
Siding, Hardwood Floors, Ss Appliances, Backsplash, Anderson Windows, Bathroom
With Marble Tile Throughout, Separate Laundry W/ New Appl, 1 Car Gar Full Unfin
Basement- Also For Sale Or Long Term Rental
Call Today for your private showing Maria Palmar at 631 774 2264
Retail Space available with Long term Lease at 35 Chandler Square in Port Jefferson: Great Location, High Visibility and High Foot Traffic, Single and Separate Mixed Use Mini Square, Charming Shops and Anchor Location!
Trendy Living on East Main Street in Port Jefferson
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Great Location Only One Block From Harbor On The Very Trendy E. Main St. This Unit Has New Windows, Hardwood Floors, Bathroom, And Freshly , Walk to Harbour, Ferry, Shops, Eateries, Public transportation , minutes to LIRR – Close to St. Charles, Mather hospital, Stony Brook for information on this listing or a list of other Rentals visit Maria Palmar of Jolie Powell Realty
Location Location Location! High Ceilings, New Hardwood Floors throughout, Freshly Painted, New Windows, New Bathroom- Walk to the Ferry , Harbor, Shops , Eateries , Private Parking- Nestled in the Heart of the Village for this or any other rental visit me @ Maria Palmar at Jolie Powell Realty
Effective January 1st 2013 that this tax WILL NOT be imposed on all real estate transactions, a common misconception. Rather, when the legislation becomes effective in 2013, it may impose a 3.8% tax on some (but not all) income from interest, dividends, rents (less expenses) and capital gains (less capital losses). The tax will fall only on individuals with an adjusted gross income (AGI) above $200,000 and couples filing a joint return with more than $250,000 AGI. It is important to review the resources listed above for full details
Applies to: Individuals with adjusted gross income (AGI) above $200,000
Couples filing a joint return with more than $250,000 AGI
Types of Income: Interest, dividends, rents (less expenses), capital gains
(less capital losses)
Formula: The new tax applies to the LESSER of
Investment income amount
Excess of AGI over the $200,000 or $250,000 amount
Qualified geothermal or geoexchange heat pump systems use the ground or ground water as a thermal energy source to heat a home or as a thermal energy sink to cool a home. Tax credits are available for up to 30% of the cost of a geothermal system, including labor and installation, with no dollar limit on the cost of equipment or the size of the credit.
To be eligible, the system must meet ENERGY STAR criteria( www.energystar.gov ), as well as specific efficiency ratings for closed loop, open loop, and direct expansion heat pumps.
The equipment must be placed in service no later than December 31st 2016. Credits may be carried forward to future tax years.
NOTE: ENERGY STAR is a joint federal program run by the environmental Protection agency (EPA) and the U.S. Department of Energy. It is designed to promote greater use of energy-efficient products and practices for the residential and business sectors. Its website is a treasure trove of Information on everything from individual products to federal and state tax credits and rebates. Its ratings and certifications are the key qualifying factors for some tax credits.
Come to the Green Fest this Saturday June 16th from 1-6PM at the Village Center & Harbour Front Promenade of Port Jefferson or visit www.PJGreenFEST.com.
Owners of commercial real estate also have access to significant federal tax incentives for making energy efficiency improvements. The incentive are available for existing buildings that are renovated of retrofitted, and newly constructed buildings. Though the tax benefits are intended primarily for real estate owners, commercial property tenants who pay for energy improvements may be eligible as well.
The primary building components eligible for federal tax benefits in commercial buildings are:
*heating, cooling and water heating systems
*interior lighting equipment
*building envelope improvements (e.g. energy efficient doors, windows, insulation in the roof and exterior walls.
To qualify, the renovated property must meet the ASHRAE 90.1-2001 building standard, and be placed in service no later than December 31, 2016.
ASHRAE refers to the American Society of Heating, Refrigeration and Air-conditioning Engineers; the ASHRE 90.1 standard is that group’s detailed technical requirements for energy efficiency in commercial and other buildings except low-rise residential properties. See www.ASHRAE.org for additional information.
Detailed guidance on claiming deductions, including certifications of improvements, can be found in the IRS Revenue Bulletin 2006-52 and IRS Notice 3008-40 available on the IRS website
Retail Space available with Long term Lease at 35 Chandler Square in Port Jefferson: Great Location, High Visibility and High Foot Traffic, Single and Separate Mixed Use Mini Square, Charming Shops and Anchor Location!
Qualified geothermal or geoexchange heat pump systems use the ground or ground water as a thermal energy source to heat a home or as a thermal energy sink to cool a home. Tax credits are available for up to 30% of the cost of a geothermal system, including labor and installation, with no dollar limit on the cost of equipment or the size of the credit.
Owners of commercial real estate also have access to significant federal tax incentives for making energy efficiency improvements. The incentive are available for existing buildings that are renovated of retrofitted, and newly constructed buildings. Though the tax benefits are intended primarily for real estate owners, commercial property tenants who pay for energy improvements may be eligible as well.
Making the Connection 