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Colleen Kuchta

Menomonee Falls Updates

There are a few important dates coming up in Menomonee Falls School District for you to remember. This week is the beginning of Winter Break. Students in the district will attend a half day of classes on the 23rd, and then be dismissed until January. Classes will resume on January 3rd at their regular times.

The first meeting of the School Finance Study Group was held on December 14th. The next meeting is scheduled for Tuesday, January 18th, 6:30 p.m., in Room 3344-3345 of the Village Hall. All Village residents are welcome to attend these informative and interactive meetings. You can Call Jeff Gross or Dr. Keith Marty, to get more information (262)255-8440.

Four-year-old kindergarten registration is scheduled for Thursday, February 3rd, 2011 at the Community Center. Please save the date if you have children of this age, or have a future five year old kindergartener who has not been in the 4K program. Also, please remind family and friends of the registration date.

We wish you all a Blessed Holiday Season and a Safe & Happy New Year! For all of your Real Estate needs, contact the The Kuchta’s - Kelly & Colleen. Also, check out our Facebook page at Facebook.com/the.kuchtas!

Posted by:  Colleen Kuchta

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Why Shorewest? Why Not!

Shorewest isn’t just a great real estate company, it’s much more than that. Kelly & I are independent contractors which means we can work any where we want. We chose Shorewest because they make us feel like we are all part of one big family. We truly are independent, but we have such wonderful support. That support ranges from the executive offices, to our office managers and assistant manager all the way to the other agents we work with in our offices. We all support one another. Everyone here truly wants everyone to exceed. That is evident when you look at all of the great training tools we are offered on a daily basis. There are always computer classes to learn about the ever changing technology available to us. We have weekly meetings as well. Every year, we have an October Round Table event where agents are asked to talk about their successes & train fellow agents to be successful as well. Throughout the year, Shorewest brings in top notch trainers and offers various classes so that we can earn different designations, and continue to learn. There are other great things that we have come to enjoy while working for Shorewest as well. We have the Number One market share in southeastern Wisconsin, and are the Number Ten Real Estate Company in the nation! Why would we want to work anywhere else? If you are thinking of making a career change, we would be happy to get you a tour of our Executive offices or get you a meeting with one of our great office managers. Contact us to get started! The Kuchta’s- Kelly and Colleen.

Posted by:  Colleen Kuchta

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3.8% Tax on AGI & Capital Gains

Beginning January 1, 2013, a new 3.8% tax on some investment income will take effect. This new tax is also known as the Medicare Tax because the monies collected will be applied towards Medicare funding. Although this tax may apply to some Real Estate transactions, it will not apply to all of them.

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. The specific types of income that are taxable include: interest, dividends, rents (less expenses), and capital gains (less capital losses). The new 3.8% tax applies to the LESSER of Investment Income amount or the Excess of AGI over the $200,000 or $250,000 amount. The National Association of Realtors has put together a comprehensive pamphlet on the subject. Even with the pamphlet, this can get a bit confusing, so I would recommend you consult a tax expert before you go ahead and figure the tax yourself.

If you are planning on selling your primary residence, vacation home or investment property the 3.8% tax might not even apply to you. Remember, the cap for Capital Gains is over $250,000 for an individual or $500,000 for a married couple filing jointly.

Contact us for your free copy of the Pamphlet put together by the National Association of Realtors. Also, if you are looking for Certified Real Estate Negotiators to represent you through your upcoming real estate sale or purchase, we can help! The Kuchta’s - Kelly & Colleen

Posted by:  Colleen Kuchta

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