Recently Closed Listings – February
A lovely condo in Colony Cove just got snatched off the market! Colony Cove condos and many of our listings are in neighborhoods that have a deep sense of community! Beachside CondoMLS #14-1340 Beautiful Sea ViewMLS #14-362 Island OasisMLS #14-1875
Green Energy Gaining Ground!
We all are familiar with the enormous cost of electricity. Well, it’s more than official that WAPA is and has been working diligently to fulfill its goal of a 60% reduction in fossil fuel use by 2025. As many of you know, Toshiba completed the Spanish Town Solar Energy field in 2014. “The facility, which […]
Mind Your Money | Capital Gains
This month Joel Lee, CPA discusses capital gains and how you can benefit from the sale of your house when filing your taxes. These are some points to consider when selling your home for a profit: Persons can exclude up to $250,000 in profit from the sale of a main home (or $500,000 for a […]
Market Statistics – January 2015
2014 was, overall, a great year for the market! Homes are flying off the market demonstrated by the 33% rise in sold volume and a 4% rise in average sales price. We are all encouraged by these numbers! Even though the average sales price of condos dipped a bit, the increase in the number of […]
Recently Closed – January
We hope you have your hard hats handy, because our recently closed listings are great parcels of land that are ready to be transformed into something special! Prime Commercial Corner LotMLS #14-831 Breathtaking Panoramic ViewsMLS #14-1613
Featured Properties – January
From established neighborhoods and ocean views to prime locations in downtown Christiansted, this month’s featured listings appeals to any property virgin or maven! Exquisite Queen’s QuarterMLS #14-2029 Expansive North Shore ViewsMLS #14-1843 Spacious Open Floor PlanMLS #14-1855 Downtown CharmMLS #14-1678 Historic Building w/ Rental UnitsMLS #13-465
Mind Your Money | 2015 Upcoming Tax Due Dates
It’s tax return filing season once again. This month Joel Lee, CPA discusses upcoming tax due dates. Among the tax deadlines you may be required to meet in the next few months are the following. Topics Covered Estimated taxes Virgin Islands business taxes W2 and 1099 statements Circle these tax dates on your 2015 calendar It’s tax […]
Coquito Recipe
Eggnog is a staple during the holiday season. Down here, Coquito is our flavor of the season! Also known as Puerto Rican eggnog, Coquito is a thick decadent drink that can be kicked up a notch with the addition of rum. We love Coquito so much that we even have a festival in its honor. […]
Mind Your Money | Year End Tax Strategies
Welcome to our new monthly column. Joel Lee, CPA will share information with you so you can get the most out of your property owner experience. Topics Covered Mortgage Interest Mortgage Insurance and Real Estate Taxes Debt Forgiveness For tax year 2014, the standard deduction is $6,200 for single filers, $12,400 for those married and […]
Market Statistics – December 2014
The market continues to gain strength! The residential sector is witnessing shrinking inventory and with new buyers entering the market, units are moving and fast! The total number sold compared to the same period last year is up a whopping 37% and average sales price has increased by 5%.We continue to be encouraged and optimistic […]
