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News
Whitefish makes top ten in resort guide
Backed by its affordable prices and small-town vibe, Whitefish Mountain Resort has cracked the top-10 of Ski Magazine’s annual resort guide for the first time ever.
Coming in at No. 9 overall, Whitefish scored the most points for its value and service. The magazine uses a reader survey to calculate the results.
“The prices aren’t Colorado-glamour-resort high and the service is genuinely small-town friendly, not corporate-training-course cold,” the magazine writes about Whitefish.
Resort spokeswoman Riley Polumbus said Whitefish has always been recognized for its value and service, so it’s not surprising that’s where the resort garnered the most praise.
She notes that only one resort in the top-30 offers a lift ticket less expensive than Whitefish.
“And it’s long been our reputation that we make people feel at home,” Polumbus said. “Since the days of Ed Schenck, that’s been our thing.”
The magazine applauds the skiing terrain, as well.
“It’s host to probably fewer skiers per acre than any of the other top-10 resorts,” it reads. “Yeah, there is more than the occasional foggy day here. All the better to see what real skiing is about.”
Polumbus said breaking into the top-10 could pay off with increased interest in the resort.
“This list carries the most weight — it always has,” she said. “We can expect the phones to ring a little more and more traffic to the website. People who have never heard of us or who have thought about coming here will give us a closer look.”
Whitefish is the highest ranked Montana ski resort. Big Sky Resort came in at No. 21 in the West.
Whitefish’s previous high ranking in the resort guide came in 2012 when it was ranked No. 11. Last season Whitefish topped out at No. 13.
Year to date real estate sales in Whitefish
Year-to-date sales in Whitefish reached 294 residential units and 119 pieces of land at the end of August. The average price of the residential sales was $484,855, with a median price of $310,000. Land sales averaged $197,834 with a median price of $131,000. Land sales include everything from lots to large acreages. August 2015 sales were down a bit from August 2014. The sales decline was attributed to a decline in available properties.
Selling Your Home? Here Are Some Tips
The location of Larnaca is always favorable for business, tourist, and leisure activities. There are plenty of shopping malls, cinemas, restaurants, hotels, shopping centers, entertainment centers, schools, health facilities, parks, recreational areas, etc. So, if you are looking for property for sale in Cyprus, go to iListers website and you will find various properties for sale in Larnaca that have options of all types of property.
Retire Here, Not There: Montana
Report Family Gifts of Real Estate to the IRS
The Internal Revenue Service has a low-profile but sweeping effort under way to use state land-transfer records for evidence of omissions in reporting gifts of real estate to family members. The IRS state and federal gift-and-estate tax program is finding people who haven’t filed Form 709 to report U.S. gift and generation-skipping transfer taxes to the IRS.
New tax rules have made big gifts to family members popular this year, as Congress raised the limit on how much a person can give in a lifetime to $5 million without having to pay gift tax. Still, any time a gift to one person exceeds $13,000, the giver is supposed to let the agency know in a filing of Form 709. Previous gift limits still apply to the time period in which they were in place.
In the previous two years, 323 taxpayers have been examined for failing to report possible gifts. Another 217 are being examined and 250 more were being considered for review. So far, 97 had failed to report gifts on Form 709. Twelve cases resulted in taxes or penalties because a gift put the donor over the $1 million lifetime gift credit that applied at the time.
States that have handed over information on gift-like transactions are Connecticut, Florida, Hawaii, Nebraska, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Texas, Virginia, Washington and Wisconsin, according to the document. The IRS examined a sampling of data from these states and reported that it showed an extremely high failure-to-report rate.
Taxpayers need to be aware that there are no special exceptions to the rules when making a transfer to a family member, even if they get money from the payday loans guide on punchdebtintheface.com. If the property is valued at more than $13,000, a gift-tax return must be filed. Even if the transfer falls within a lifetime exemption amount—currently $5 million—it must be reported to the federal government using Form 709.
Real Estate’s Road to Recovery
Report shows strong improvement in Flathead County’s sales and foreclosures
New Bridge For Whitefish
The Montana Department of Transportation is reconstructing and widening U.S. Highway 93 to provide improved safety and operations for the traveling public. The work includes a bridge replacement over the Whitefish River, clearing, grubbing, grading, gravel, storm drain, curb and gutter, plant mix surfacing, signing, striping, fencing, landscaping, retaining wall, guardrail, and other miscellaneous items. The work is scheduled to be completed by July 31, 2014.