Two Extra Days to File Taxes This Year

Downtown Fort Lauderdale ( SE 3 Av. & Las Olas Blvd.). Fort Lauderdale, FL
Downtown Fort Lauderdale ( SE 3 Av. & Las Olas Blvd.). Fort Lauderdale, FL

Everyone is getting two (2) extra days to file taxes this year even without asking for extension.

Normally, April 15th is the deadline to file taxes with Internal Revenue Service (also called IRS). But this year we have up until April 17th to file taxes with IRS.

According to Internal Revenue Service website, there are two reasons when tax deadline changes this year:

  1. Tax deadline is April  15th, but this year it is Sunday, so it is moved to the next business day.
  2. April 16th is Emancipation Day in District in Columbia. It is legal holiday, so IRS moves tax filing to the next business day, which is Tuesday, April 17th.

Actually, last year tax deadline was also moved to April 17th for the same reasons like this year.

 

Please consult your CPA or accountant regarding your exact taxes.

 

Best Playground in South Florida

Sugar Sand Park in Boca Raton, FL
Sugar Sand Park in Boca Raton, FL

 

The best playground in South Florida, hands down, is at Sugar Sand Park in Boca Raton, FL.

If you have more time and would like to let your kids to explore and experience an amazing playground, please, take your time and go to this Sugar Sand Park Science Playground. You will not be dissapointed, and the kids will be extatic.

It has never ending three story maze with secret passages, stairs and slides… Kids can play for hours there, and be very excited all the time, because of all the various activities they can do: pull, push, hide, slide, jump, climb, run – you name it.

Pack some snacks and water bottles and be ready to have a great time.

What Is an Assessed Value?

What is an assessed value in real estate
Condo buildings in Downtown Hollywood. Hollywood, FL

Assessed value is the dollar value assigned to a home by a tax assessor. This assessed value of the home is used to calculate real estate taxes.

Here in Broward a public tax assessor is called Broward County Property Apraiser and Marty Kiar has this postion right now.

Assessors provide assessed valuations annually, which gives the basis for a property owner’s annual property tax. The assessed value ususally changes from year to year, so the property tax also changes every year.

The assessed value takes into account the overall quality of the home, property values, square footage, home features and market conditions. it takes into consideration comparable home sales and inspections of the property.

 

How Long Does It Take to Sell a House?

How long does it take to sell a house.
How long does it take to sell a house in Broward County,FL?

It is Monday again. And I believe that the best way to start the new week by looking at real estate numbers. Why not?

Median Days to Sell the House in Broward County, FL
Median days to sell the single family house in Broward County, FL during the period from January 2008 to March 2018.

We still remember real estate housing “bubble” of early 2000s to 2006. Then it declined in 2006 through 2007, and reached the bottom in 2012.

What can we learn from the housing bubble ? We can see interesting housing trends when looking at the number of median days to sell a house.

If you look at the chart above, it says the median days to sell a single family house in Broward County, FL during the period of January 2008 to March 2018.

The longest to sell a house in the last 10 year period was during February 2008 when it took 121 days to sell a single family house in Broward County.

The median days to sell slowly were getting shorter, when it became 70 days in the month of April 2010.

From this time, it was getting longer and longer to sell a house. When it reached a peak during the month of February 2011 when it was 97 days. But even then it still did not reach the height of 121 days of February 2008.

Since then, the period of days to sell a house was getting shorter and shorter, and in the March 2018 reached only 33 days. That is the third of the time it took to sell the house in February 2008.

What does it mean for the homebyer, when it says that it takes 33 days to sell house? It means that the homebuyer has to act quick to look at the house for sale, and the buyer has to decide fast to make an offer for the house or not.

What does it mean for the homeseller, when it says thta it takes 33 days to sell a home? It means that the house will sell fast, so the homeowner better start packing and get ready for the move.

 

The numbers for this chart are from the MLS of the Palm Beaches & Greater Fort Lauderdale. These numbers are said to be reliable but are not guaranteed.

If you are interested in more information about home sales in Broward County, please visit Local Market Conditions and Home Prices category.

 

 

How to Plant an Orchid

How to plant an orchid. (1)

Yesterday afternoon I spent some time doing a little gardening.

I love flowers! And my favorite is an orchid. Last time I bought an orchid was about 3 month ago. This plant just dropped the last of its’ blooms, so it was time for re-planting.

If you have an orchid, take care of it. Re-plant this beautiful flower from time to time, so it can reward you with amazing blooms.

Re-plantting an orchid is easy.

The most important part in re-plantting are the special orchid pot and planting media.

Get a special pot with good side and bottom drainage. The new pot should be about  1 – 2 inches larger in diameter than the current pot.

Before starting, water the orchid plant well, so the roots get flexible. Gently pull the orchid out of pot and brush off the old potting media.

Cut away any dried, hardened roots with gardening scissors.

How to plant an orchid (2)

Lay down some planting mix into the bottom of the new pot- an inch or so. Place the orchid down into the pot. Add more orchid planting mix around the roots until it within half inch of the pot rim.

How to plant an orchid (3)

Place the pot down in the sink and run lukeward water to wet thoroughly the potting mix, so it and settles down. After watering the plant, add more planting media to fill in the gaps that have settled.

How to plant an orchid (4)

Welcome to your new home, beautifull! I hope you like it here.

I can’t wait for the new blooms again.