Hello Friends ! January is a time for new beginnings ! In this newsletter you will find an article about the NEW owners of Ardmore Barber Shop as well as how to reboot your body in the new year with a 2 day juice cleanse from Organix Juice Bar . Also a few local real estate stats and finally some real estate tax tips . I look forward to 2017 and I know its going to be a productive year for us all !
Contact me for all your real estate needs .
336-682-6822 ( Cell ) Amanda . Gates @ BHHSCarolinas . com
Text “ BHHSAmandaGates ” to 87778 to download my FREE mobile app !
“ Tax Advantage ” is not necessarily an oxymoron !
If you have recently bought or sold a home , there are a few tax advantages that may be available to you . Generally speaking , real estate broker ’ s commissions , title insurance , legal fees and inspection fees are considered selling costs and may reduce taxable capital gain by the amount of the selling costs .
However , every year the tax code can change and your situation may be unique . So the following is provided only as a guide . It is highly recommended that you seek a professional tax consultant to be sure .
Mortgage Interest : Within limits , it may be tax-deductible . For example , a married couple filing jointly can deduct interest payments on a maximum of $ 1 million in mortgage debt secured by a first or second home . Buyers may also be able to deduct some of the interest they paid on a home equity loan or similar line of credit .
Points : Points or origination fees on a home loan paid during purchase are generally tax-deductible in full , for the year in which they were paid .
Business Use : For new buyers who work at home : If a room is used exclusively for business purposes , they may be able to deduct home costs related to that portion , such as a percentage of your insurance and repair costs , and depreciation .
Moving Costs : If you have moved because of a new job , moving costs might be deducted . These can include travel or transportation costs , lodging , and fees for storage of your household goods .
In today ’ s economy , it ’ s critical that we take advantage of every possible tax break . A home provides a great opportunity to do just that .
News You Can Use with Amanda Gates
Introducing ... the “ New ” Ardmore Barbershop !
Hi gang , Amanda here , I just had an awesome conversation with the new owners of one of Ardmore ’ s oldest and longest running businesses , The Ardmore Barber Shop which has been operating since the1940s . Owners Jeremy Ingle ( barber ) and his fiancé Jennifer Hutchins who also owns Irvin Roberts salon and spa at 3505 Lawrence Street Clemmons , NC . gave me a few details about their new endeavor .
Since he was a young man , Jeremy knew he wanted to be a barber . Something about the history , the atmosphere , the comradery and fellowship drew Jeremy to this career . A practicing barber for almost 10 years , Jeremy has found not only a passion , but a way of life in cutting / styling hair for his clientele . He spent four years at Washington Park barber shop , and before that worked in Thomasville at Foy ’ s barber shop , a shop almost 100 years old .
Jennifer and Jeremy have been looking for a shop to buy or a location to place a new shop for most of 2016 , when they came upon the opportunity to buy Ardmore Barber Shop , they knew the time was right to make a move . When asked what the vision was for the shop , Jennifer easily responded ,
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“ Enhancing the community , building and developing relationships . We want to be the nucleus of the neighborhood .” They both view the barber shop as a piece of nostalgia , an historic hub of man-talk a . k . a . MENGLISH ( English only men understand ), the place where men can be men .
Jeremy mined the experience of friend Brad Allen to handle the renovations under the direction of Jennifer ’ s vision . The finished product is absolutely mind boggling . New floors , shiplap walls , mirrors , counters , cabinets , sinks , bathrooms , TVs , and an old vintage fridge right out of the “ heyday ” of A . B . S . Even the seventy-year-old Barber pole outside the shop is all original , except for the motor and glass . The new table in the shop is a great conversation piece as well as a place to share a great conversation . Ten barstools surround the table in the center of the shops foyer . Jeremy wants folks to feel like family , while they converse at the table before and after getting a new fade , hard part or flat top .
Jennifer has a beard oil bar in the shop for your beard grooming needs too ! You select your base oil / s as well as the scent / s that you like for a custom oil or choose from their menu prepared oils . Next time you are in the area , stop in and say hello to barbers : Jeremy , Wayne Waters , who owned and ran the shop for the last 46 years and still cuts hair two days a week , Greg Wiles , who has worked with Wayne for the last 30 years , and Paul Young ( my husband ’ s barber ) who has worked at A . B . S . for over a year . All of these men are great at their craft and look forward to serving your hair styling needs .
Follow Jeremy on Instagram @ ardmorebarbershop Facebook : Ardmore-Barbershop Shop hours are : Tues-Fri 8am-7pm Sat 12pm-7pm Join Jeremy and Jennifer in the Spring for # Supersaturdaysonhawthorne for live music , vendors and games !