Acquisition Debt is the amount of money borrowed used to buy, build or improve a principal residence or second home. Under the new tax law, mortgages taken after 12/14/17 are limited to a combination of $750,000 on the first and second homes. The mortgage interest on this debt is tax deductible when itemizing deductions.

It is a dynamic number that is reduced with each payment as the unpaid balance goes down. The only way to increase acquisition debt is to borrow money to make capital improvements.

Prior to the new law, homeowners could additionally borrow up to $100,000 of home equity debt for any purpose and deduct the interest when itemizing deductions. Mortgage interest on home equity debt is no longer deductible unless it is for capital improvements.

Acquisition debt cannot be increased by refinancing. Some confusion occurs because mortgage lenders are concerned in making home loans that will be repaid according to the terms of the note and using the home as collateral. That does not include making a tax-deductible mortgage.

Another thing that adds confusion to the issue is that the lenders will annually report how much interest was paid in a year but only the amount that is attributable to acquisition debt is deductible.

Even if the interest on the cash-out refinance is not deductible, it may be advantageous to pay off higher interest debt such as credit card debt and replacing it with lower mortgage debt.

It is the responsibility of the taxpayer to know what part of their mortgage debt is deductible. The challenge becomes more difficult after a cash-out refinance. Homeowners should keep records of all financing and capital improvements and consult with their tax professional.

By: PatZaby.com

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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The Windermere Real Estate Market Trends Report shows the average sales price was $600,277 in June 2018 compared to $551,353 in June 2017. Homes were on the market for an average of 65 days, down from 73 days last year. Homes sold for 97% of the list price.

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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The Kissimmee Real Estate Market Trends Report for 34741 shows 65 homes sold in June 2018 up from 63 in June 2017. The average sales price was $192,193 compared to $159,005 in June 2017 and homes were on the market an average of 29 days, down from 40 days in June 2017.

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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The Celebration Real Estate Market Trends Report for 34747 shows 148 homes sold in June 2018 compared to 146 in June 2017. The average sales price was $335,025 compared to $304,972 in June 2017 and homes were on the market an average of 103 days, compared to 109 days in June 2017.

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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Join us on Saturday, July 14, 2018 for the annual celebration of French culture with food, games, live music and more.

Audubon Park Garden District
East Winter Park Road and Corrine Drive

See Event Website for details!

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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Photo Credit: audubonparkgardens.com

With Summer here, and the kids out of school, some families are wishing they had a more functional catch-all space for the “stuff” of Summer break.  Not every home has a mudroom, and not every homeowner has the budget to add a mudroom onto their most-used entryway. Here are some ideas to turn any entry space into an organized “mudroom.” 

• There are some must-haves for a mudroom space:  a place to hang coats and bags, storage for the small stuff, and seating is nice for shoe removal.  You can DIY, hire a carpenter, or repurpose items for your drop off spot. 
• Toy boxes with a closing lid makes a perfect bench and storage area for removing and storing shoes.  Add family member-specific baskets inside so everyone’s things stay together. 
• With some inexpensive crates, stained boards and double hangers, you can easily create a pretty space for coats and footwear.  See this simple and functional corner space from A Beautiful Mess for inspiration. 

• Pick up a sturdy old piano bench at a tag or yard sale, dress it up with paint to match your decor, add cushions, put a couple of storage bins or baskets underneath, and you have instant mudroom.  The seat even lifts to store keys, gloves, or the family’s flip flops! 
• If there’s a large enough wall space, create a board-and-batten wall, add coat hooks, and you have an almost instant vertical storage area, and it looks great, too!  Learn how to do this inexpensive project from The DIY Mommy. 
• Mount some inexpensive shelving, add hooks, and you have a place to hang your coats as you come inside, and a shelf for stashing the other stuff.  Add a lower shelf with hooks for the kids’ belongings. 
• There are many clever ways to remake a closet into a mini mudroom, and even make it pretty! Find inspiration from these ideas at Farmhouse Blooms. 
• Who said that your mudroom space has to be inside?  If your family goes inside via the garage, just use the above tips to create your mudroom space.  Add plastic storage containers by the door for shoes, boots and other awkward items, and the mess stays out of the house! 

Sometimes we have to re-think our spaces, and carving out an area in our homes for a makeshift mudroom may take some thought, depending on your home’s layout.  Just focus on the area that most of the coming and going is happening, and what your family needs most for a drop-off area.  You’ll soon be a little more organized, and have a cleaner home as a bonus! 

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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Photo credit: rafaelmartinez.me

July 3, 2018

Village Center of Baldwin Park
4801 New Broad Street
Orlando, FL 32814

6:00 PM to 11:00 PM

The Village Center will come alive with nearly 100 participants and sponsors of all kinds offering lots of fun including: shopping, a showcase of artisans and craftsmen with works for sale, festival snacks/food trucks, a beer garden, face painting, balloon art, interactive activities, and more!  The event will feature a Main Stage near the lake featuring DJ BradmasterJ and live music from Baldwin Park’s very own ROOM2 BAND.

Event Website

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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Photo Credit: baldwinparkevents.com

Carbon monoxide is a silent killer you don’t want in your home but because it is colorless and odorless; you may not even be aware the deadly condition exists. The Center for Disease Control says more than 400 people in the U.S. die annually from carbon monoxide poisoning and over 10,000 require medical treatment each year.

Unmaintained furnaces, water heaters and appliances can produce the deadly gas. In addition, other sources could be leaking chimneys, unvented kerosene or gas space heaters or exhaust from cars or trucks operating in an attached garage.

The Environmental Protection Agency suggests the following to reduce exposure in the home:

• Keep gas appliances properly adjusted
• Install and use an exhaust fan vented to the outdoors over gas stoves
• Open flues when fireplaces are in use
• Do not idle car inside garage
• Have a trained professional inspect, clean and tune-up central heating systems annually

Headaches, nausea, vomiting, dizziness and feelings of weakness or fatigue are a few of the most common symptoms. Lower levels of exposure to carbon monoxide may be mistaken for the flu.

Carbon monoxide alarms should be on every level of a home and especially, in sleeping areas. The alarms can be purchased for as little as $25 and plugged into the wall like a night light.

Regardless of the government requirements, no one would want to put their family, guests or themselves at risk for something so deadly.

By: PatZaby.com

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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June 30 – September 24, 2018 m- 9:00 AM to 5:00 PM

1920 N. Forest Ave.

It’s the great fairy migration happening at beautiful Leu Gardens this summer!  Explore the 50-acre gardens to find where the fairies live. This whimsical exhibit will feature fifteen one-of-a-kind fairy doors which will inspire your child’s imaginative world of mythical forests and secret gardens.  All you must do is find these beautiful doors and let your child’s creativity do the rest!  The fairies will call Leu Gardens’ home from June 30 – September 23, 2018.

Admission to the Enchanted Fairy Doors Exhibit is included in the daytime garden admission: $10 adult, $5 children (ages 4-17 years).  Leu Gardens’ Members and all children 3 years of age and younger receive free admission.

For more information call (407) 246-2620

Event Website

Photo Credit: leugardens.org

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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June 24, 2018 – 11:00 AM to 8:00 PM

Celebrate Caribbean American Heritage Month with us through a one day festival and business expo.  Experience the Caribbean through fashion, culture, food, music and business.  You will enjoy a wonderful mixture of a Cultural Expo and Business Expo all under one roof at Orlando Fashion Square Mall.

Orlando Fashion Square
3201 East Colonial Drive
Orlando, FL 32803

Event Website

Photo Credit: Eventbrite.com

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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