| Happy Labor Day! |
May the most work you do this weekend be opening the beach chair! Come on down and see us. We will find a place for you. SPECIAL: 10%
OFF 276B JOHNSON'S NEST
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| Best Time for Fishing & Golfing |
Shellfish are in season starting this month: crabs, clams, oysters in the creek.
Also, Spots are running! Come catch some.
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Upcoming Area Events
Pawleys Island Festival of Music and Art: |
September 21 - October 3; events and times vary
Don't miss this annual salute to South Carolina artisans, musicians, and performers at many different events throughout the lowcountry of Georgetown County. From jazz bands to art classes to film screenings, you can find many offerings to enjoy. The list is too extensive to put here, so go take a look online: Pawleys Island Festival of Music and Art.
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| Atalaya
Arts & Crafts Festival: |
| Friday-Sunday,
September 24-26, 2010—times vary
This festival occurs once a year within Huntington Beach State Park and Atalaya, the former home of tycoon Archer Huntington and Anna Hyatt Huntington, artist and sculptor. Many vendors offer their artwork for sale and food and music abound as well. Find out details on our web page: Atalaya
Arts & Crafts Festival. |
| From Our Sales Manager: Upcoming Tax Changes |
Capital Gains & Dividend Tax Rates
The current federal capital gain and dividend rate of 15% is set to expire on December 31, 2010. The rates will return to the pre-Bush tax cut levels of up to 20% for capital gains and 39.6% for dividends.
REMINDERS:
Like-Kind Exchanges
Like kind exchanges (Section 1031 exchanges) allow taxpayers to sell qualified property and then acquire replacement property and defer capital gains until the replacement property is sold. Deferred capital gains will be taxed at future tax rates. Therefore, it is important to analyze when to recognize the deferred gain, considering projected tax rates.
Cost Segregation Studies
A cost segregation study is a comprehensive analysis of the investment in a newly
constructed or existing building. Through separating building costs related to
tangible personal property, land improvements, and indirect costs, tax deductions
are accelerated, thereby increasing cash flow for property owners. Please be
sure to check with the Internal Revenue Service for exact details and information
about these changes.
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| Winter Rentals |
| Call to find out which properties are available for rent during winter months for longer than a week; some rent for a month or more. Here's a sampling of what's available:
Monthly Winter Rentals |
FEATURED SALES PROPERTY
Historic District/ Georgetown. On National Historic Registry This c. 1830 home is 1 1/2 stories, modest Greek Revival design, 4 fireplaces downstairs none upstairs... more >
Listing Agent: Frankie Hills
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FEATURED RENTAL PROPERTY
A lifetime of memories can be yours. This two story home is only a short walk to the beach and located in the gated community of Litchfield by the Sea....more > |
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Please consider the environment
