Evansville Real Estate

4 Tax Deductions to Take Right Now Before They Disappear for Good

As you've no doubt heard, the U.S. tax code got an overhaul—so what does that mean for the 2017 return you're filing right about now? It means that this is your last chance to take advantage of tax deductions from the old tax code. Yikes!

So, if you aren't sure if you've milked every last drop of tax break goodness out of your returns, it's time to squeeze, hard.

To help you out, here's a rundown of four major tax breaks that are disappearing after this filing year, and how to take full advantage of them before they go bye-bye.

1. Home office

With the increasing popularity of telecommuting and working from home, the home office tax deduction is one that many people opt to take. If you're full-time self-employed, this deduction will continue in 2018. But for all you office workers who work in your "home office" on the occasional Friday? The gig is up.

"In 2018, for non-self-employed people, the home office deduction is going away entirely," says Eric Bronnenkant, CPA, CFP, and Betterment's head of tax.

So if you're a W-2 employee, start saying your tearful goodbyes to your home office deduction—but not after you've had one last hurrah filing your 2017 return. The home office deduction falls under what's called "miscellaneous deductions," and includes business expenses that are not reimbursed by your employer. Miscellaneous deductions can't exceed 2% of your adjusted gross income, but if you meet the requirements, you can take the deduction in 2017.

Here's more info on ...

Team McClintock Gives Back to the Albion Fellow Bacon Center

Albion Fellows Bacon Center-Team McClintock Gives BackTeam McClintock gives back $1,000 to Albion Fellows Bacon Center! A big thanks to our clients for your support and making it possible for us to give back to the community. Pictures from left, Carol McClintock, Rachel Herr Community Engagement Director, Ryan FortsonMindy Guthrie WordDavid Haire, Kristie Byrne, Director and Dina Brown with Team McClintock. 

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Ask The Expert - February 4, 2018

Real Estate Agent Carol McClintock with F.C. Tucker Emge Realtors joins Channel 14 WFIE's Midday with Mike host Mike Blake to discuss the 4 Tips to Help Your Home Sell This Spring and showcase a new listing. Carol is the leading real estate agent in Southwestern Indiana.

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Carol McClintock - Junior League of Evansville's Helen Klamer Philip Honoree

Congratulations, Carol McClintock! Carol has been honored by the Junior League of Evansville as their Helen Klamer Philip Honoree! We are so proud of your dedication to not only helping buyers and sellers with their homes, but your immense impact within our community. Thank you for all you do! 

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Market Watch - January 2018

We have a shortage of inventory in our market and homes that are priced well and in great condition are selling quickly. If you want to know what your home is worth - give Team McClintock a call today at 812-426-9020. #AskTheExpert #TalkToTucker

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Ask The Expert - January 30, 2018

Real Estate Agent Carol McClintock with F.C. Tucker Emge Realtors joins Channel 14 WFIE's Midday with Mike host Mike Blake to discuss the 7 Small Home Flaws That Can Be Big Deals for Buyers. Carol is the leading real estate agent in Southwestern Indiana.

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5 Doable DIY Projects To Send Your Home Equity Soaring

A new front door has the highest ROI, not to mention the boost in curb appeal. You’re going to save money with DIY home improvement projects. Sure, everybody knows that.

But did you know how much? Cut professionals out of the equation and you can save half the cost of a project — or more.

What’s more, you get a great return on your investment. Meaning, the financial value you get out of a DIY project is much more than what you put in.

Here’s a rundown of some top money-saving projects, using cost and recovered costs data from the “Remodeling Impact Report” from the NATIONAL ASSOCIATION OF REALTORS®.

#1 NEW STEEL FRONT DOOR
Few replacement projects have as much upside as a new steel entry door. Not only will you recover about 75% of the cost of having an entry door professionally installed, but you’ll spruce up your curb appeal big time. Want proof? Ninety-six percent of homeowners responding to the “Remodeling Impact Report” say they are happy or satisfied with their new front door.

Of course, you’ll save even more if you tackle this project yourself. Know your door parts (jambs, threshold, stops) before digging in. You’ll be putting in a pre-hung door that includes jambs, so the old stuff has to come out. If you can, preserve the old casing (trim) that goes around the door. Otherwise, plan to buy new casing.

Read More: 5 Doable DIY Projects To Send Your Home Equity Soaring

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Organize Your Home by Feb. 1 in Less Than an Hour a Day

The tip about coffee mugs? We’ve all been there. But “get organized”? It’s a goal so broad that just trying to figure out what action to take makes you wonder what you were thinking in the first place. It’s like you need an organizing plan for your organizing.

Ta da! Here it is. Follow these steps, spending less than an hour day (sometimes just a few moments), to a better organized home:

1. Do That Project

“What about your space is making you feel uncomfortable or overwhelmed?” asks Amy Trager, a professional organizer in Chicago. Is it the paperwork disaster in your office? The pile of clothes teetering on your dresser? Or that mess that surrounds your doorway? Start with what’s annoying you, she says. One hour on that task will get your organizing engine revving.

2. Create a "Go Away" Box

Put anything you’re planning to donate in it (or give to a friend, or take to recycle). And keep it by the door so you can easily grab it when you’re leaving.

3. Deal With the Decorations

Hallelujah — the holidays are over! When you’re putting away your décor, donate anything you didn’t bring out last season, and separate decorations by holiday. No need to dig through your St. Patty’s clovers when you’re searching for a menorah.

4. Create a System for Your Entryway

Set up a “command center” so your front door doesn’t become a lawless accessories arena, especially during...

Ask The Expert Segment - New Year, New Home

F.C. Tucker Emge REALTORS Agent, Carol McClintock discusses how to freshen up your home in the new year during her segment entitled "New Year, New Home." Learn some tips and tricks on organizing and decluttering. Team McClintock is featured on WFIE Channel 14's Ask the the Expert Real Estate Segment during Midday with Mike and recently won several awards at the Indiana State level for top producing realtors. Call Team McClintock today!

Whether you are moving across town or across the country, Carol has the experience and track record to ensure a smooth, worry free transition. Carol is featured as WFIE’s Ask the Expert, answering all of the Tri-State’s real estate questions!

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Merry Christmas - 2017

We hope each and everyone of our followers has a joyous holiday! Merry Christmas! 

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Ask The Expert - December 4, 2017

F.C. Tucker Emge REALTORS Agent, Carol McClintock discusses the winter home maintenance tips. Team McClintock is featured on WFIE Channel 14's Ask the the Expert Real Estate Segment during Midday with Mike and has won several awards at the Indiana State level for top producing realtors. Call Team McClintock today! Whether you are moving across town or across the country, Carol has the experience and track record to ensure a smooth, worry free transition. Carol is featured as WFIE’s Ask the Expert, answering all of the Tri-State’s real estate questions!

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Happy Thanksgiving - 2017

It's the beginning of the most wonderful time of the year. We have many things to be thankful for this year and we hope you do too! Happy Thanksgiving! 

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Tips for Pet Owners Looking for a New Home

Thank you to our guest blogger, Cindy Aldridge with Dog Friends. You can learn more about Cindy's endeavors at OurDogFriends.org or email her at info@ourdogfriends.org


Photo via Pixabay

In your mind, your adorable, lively, and affectionate dog, whom you deeply love, is practically a member of the family. Of course, her needs are a priority when you’re scoping out new potential homes to live in. You also worry about making sure she adjusts well to the new home when Moving Day finally arrives.

Here are some guidelines on what to look for in a new home purchase and how to help your pet have a smooth, hassle-free moving day.

Research Local Ordinances

When considering buying a new home in a new neighborhood, find out all you can about local city and county regulations and ordinances regarding pet ownership. You’ll want to know what these are so you can obey them and not incur a stiff penalty fee.

Happily, it’s becoming more and more common for communities to set aside and maintain parks for pets to roam in freely. Call up your local parks and recreation department to find out where...

Ask The Expert Segment - November 17, 2017

Watch Carol McClintock Channel 14 WFIE's Tri-State Real Estate Expert on Midday with Mike's Ask The Expert Segment! Carol discusses the advantages of having your home on the market during the holiday season and some tips on how to stage your home so you don't over decorate during the holiday season while having your home on the real estate market! Check it out below!

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Happy Halloween - 2017

Happy Halloween to all of our followers! We hope you and your family have a fun and safe Halloween evening!

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Ask The Expert Segment - Midday with Mike - October 23, 2017

F.C. Tucker Emge Real Estate Agent Carol McClintock talks with WFIE News Channel 14's Mike Blake on October 23, 2017 regarding the local real estate market in Evansville, Indiana the surrounding Tri-State area.

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Ask The Expert Segment - October 5, 2017

Southwestern Indiana's #1 Real Estate Agent Carol McClintock talks with WFIE News Channel 14's Mike Blake on October 5, 2017 regarding the local real estate market in Evansville, Indiana the surrounding Tri-State area. Carol McClintock is a Realtor with F.C. Tucker Emge REALTORS.

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