Deer Valley Real Estate Tip of the Week: Tax Savings On Your Vacation Home

By diana

Jun 17, 2013

April 15^th has passed but it is never too early to start thinking about how to save money on your taxes for next year. If you own a 2^nd home in Park City or Deer Valley, it’s time to take a look at the tax advantages that come along with your vacation home.

If you and your family use your vacation home exclusively, you can write off all the interest you pay on your mortgage - up to $1.1 million of the total debt you owe for all of your properties. And you can also deduct your property taxes.

When you rent out your Park City home more than 14 days a year, the tax rules get more complicated, because you need to separate out costs between private vacation use, maintenance and rental use. You can still deduct a percentage of your mortgage and property taxes, plus property management fees, and you can even claim depreciation deductions on 80% of your home’s value.

Whether your Park City vacation home is reserved for private or rental use, be sure to consult your tax advisor to see how you can save at tax time. For rock solid advice on buying or selling real estate, call Craig Reece at 435-647-8017 or toll free at 866-709-8018. Craig has been a full time Park City resident since 1973 and a full time real estate agent since 1978.

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Moose Vistors In Park City

By diana

Jun 14, 2013

Some Park City friends of Craig & Delia Reece had a visitor stop by while they were enjoying their morning coffee on their back deck.

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Park City Cycling Festival

By diana

Jun 13, 2013

The second annual Park City Cycling Festival put on by local radio station KCPW and Park City Mountain Resort will take place June 28-30. It is a three day festival for mountain bikers, road bikers, and even training wheel cyclists! The beauty of the Cycling Festival is that is for everyone from advanced riders to people who have never biked at all. The Park City Cycling Fest's hub will be at the base area of Park City Mountain Resort.

The festival will feature tailored programs for mountain or road cyclists. Road cyclists will have the opportunity to train with elite cyclists: Jonathan Page, Marty Jemison, Marcel Vifian and Andy Damman. Mountain bike rides through Park City's award winning trails will be hosted by Mountain Trails Foundation, Jans, White Pine Touring, and profession mountain biker Eric Porter. Advanced registration for both events is encouraged due to limited space.

There will also be ongoing free activities at the Park City Mountain Resort lower base area including: a custom built pump track, exhibitions, safety demonstrations, round table discussions, bike demos, live music, & children's activities.

All proceeds from the festival will help support Park City's local community radio station KCPW. A full schedule and registration info can be found at: www.kcpw.org or on Facebook at Park City Cycling Festival. Come see why Park City is the only Gold level ride center in the world!

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Deer Valley Resort Opens For Summer June 14th

By diana

Jun 12, 2013

Deer Valley Resort will officially open for summer activities on Friday, June 14th. Deer Valley will operate three chairlifts to serve hikers and bikers, they are: Snow Park, Silver Lake, and Empire. Deer Valley has over 60 miles of maintained trails, most are for dual use but there are a couple that are for hiking only. Deer Valley's mountain biking ranges from intermediate to expert, with some downhill that is definitely is only for experts so be sure to look at the trail map and know your skill level before you head out.

Deer Valley does offer a full-service bike school, with instructors that are based out of Snow Park Lodge. The historical society also does free guided hikes the second Sunday of every month through October for those looking to get more acquainted with Deer Valley's trails. The hikers meet at the Silver Lake chairlift at 9:30am. If you want a more private tour, a mountain guide can be hired any day of the week.

Deer Valley Resort also offers day camps for kids of all ages. Residents of Park City or visitors can drop off their kids for a day, week, or even the whole summer. You can choose from half-day or a full-day. Kids do tons of fun activities depending on their age and get to explore all the Deer Valley has to offer.

Of course nights at Deer Valley are filled with concerts at the Snow Park Lodge Amphitheatre. There are the free Wednesday night concerts where locals and residents alike bring their coolers, blankets, and family to enjoy the music and beautiful scenery. Then you have the big concerts with acts such as Indigo Girls, Utah Symphony, and One Republic. It is one of the best things about summer in Park City and all the concerts are very popular. We look forward to doing some hiking and enjoying live music this summer in Deer Valley!

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Deer Valley Specialist Real Estate Tip Of The Week: Home Accents That Shine

By diana

Jun 10, 2013

You’ve prepared your Park City home for sale; the floors the walls and furniture are spotless. Neutral colors abound. So where’s the pizzazz? Use your accessories to dazzle potential home buyers and enhance the look of luxury for your home. Neutral furniture, such as beige or off white sofas and chairs will pop with a few silk throw pillows arranged artfully as well as beautiful jewel tone cashmere throw.

Let them get a feel for the spa like bathroom, with its candle scented atmosphere, Jacuzzi and spa touches like bright white fluffy towels just waiting to be touched!

An overstuffed ottoman in front of a chair invites the buyer to come on in and put up their feet in front of the fireplace or bring a book to the deck’s outdoor living room. When a buyer’s coming, nothing will say ‘home’ to them like the smell of cookies or fresh popcorn as they walk in the door. It tells them this is a place ‘I can relax and get away from the hustle and bustle of the world outside, have my cookie or my glass of wine by the pool and just kick back with my shoes off and enjoy the scenery.

For rock solid advice on buying or selling real estate, call Craig Reece at 435-647-8017 or toll free at 866-709-8018. Craig has been a full time Park City resident since 1973 and a full time Park City real estate agent since 1978.

Beautifully decorated Flagstaff Condo in Empire Pass

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Park City Weekend Events June 7-9

By diana

Jun 07, 2013

It is time to get out and enjoy this beautiful mountain summer! Here is what is happening this weekend in Park City, UT:

Park City Film Series - This week the Park City Film Series will present "The Place Beyond The Pines" rated R at the Jim Santy Auditorium at the Park City Library. Thought by many to be one of the most impressive American independent films of the season, this highly anticipated new drama explores the consequences of a motorcycle rider's (Academy Award nominee Ryan Gosling) fateful decision to commit a crime to support his child. The heist goes badly and, in a highly charged scene, he is chased by a policeman (Academy Award nominee Bradley Cooper). The two men become locked in a tense collision course which will have a dramatic impact on both of their families for years to come. This is an epic story about police and political corruption with intense performances by a stellar cast. Showtimes are 8pm Friday & Saturday and 6pm Sunday. Go to www.parkcityfilmseries.com for more information.

Motown Sounds at the Egyptian Theatre - Come enjoy some classic rhythm and blues with the Motown Sounds performing at the Egyptian Theatre this weekend. The show will showcase music of the Temptations, the Supremes, the Jacksons, & Smokey Robinson. Showtimes are Friday and Saturday at 8pm and Sunday 6pm. Tickets range from $29 to $50. Go to www.parkcityshows.com for more information.

Dana Hubbard at Silver Star Cafe - Award-winning acoustic guitarist Dana Hubbard will perform at the Silver Star Cafe on Friday night at 7:30pm. Come enjoy the cool mountain air, music, food, and great views at the Silver Star venue. Reservations are recommended for dinner. Go to www.thesilverstarcafe.com

Park Silly Sunday Market Opens - The Park Silly Sunday Market will kick off it's seventh season on Main Street this Sunday! Come enjoy the open air market with locals crafts and goods, live music, food, drinks, and fun! It is free and open to Park City residents and visitors. It runs from 10am to 5pm on Lower Main Street, in Old Town.

Park City's Silly Market

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Deer Valley Specialist Best Buy Of The Week: Bristlecone Condo In Deer Valley

By diana

Jun 06, 2013

Our Deer Valley real estate best buy of the week is a newly listed condo for sale in Lower Deer Valley. It is located in the Bristlecone Development which is less than 1/2 mile to Deer Valley Resort and within walking distance to Deer Valley Grocery Cafe. This Bristlecone condo for sale has been completely updated with great attention to detail including: bathrooms with quartz counter-tops, glass tile showers, and glass euro doors. The kitchen also has quartz counter-tops, brush nickel fixtures, and new glass tile back splashes.

This Lower Deer Valley condo is one level and has 3 bedrooms, 2 bathrooms, and a light and airy open floor plan. It has features a private one car garage, additional covered guest parking, and a built-in owner lock out closet to store all your ski gear. But what really sets this Bristlecone condo apart is the large covered back patio with hot tub, that backs up to open space. The open space has a beautiful pond where you can watch all the wildlife drinking and playing in the beautiful landscape! You also get unobstructed views of Deer Valley Ski Resort to enjoy all year long.

If you need to get to Old Town it as easy as walking outside and getting on the free park city bus. You could also ride you bike since it is a little less than 2 miles away. This condo comes turn key, so just bring your toothbrush and move right in! Listed at $738,000 this is a rare find in Deer Valley, with all the recent upgrades and fantastic views. Bristlecone condos rarely come onto the market so don't lose this opportunity to own a great ski condo in Deer Valley!

Please contact us at 1-866-709-8018 for more information on this condo or real estate for sale in Park City or Deer Valley. Click the link below to see more photos and information about this Deer Valley best buy:

Deer Valley Best Buy

*Photo courtesy of Prudential Utah Real Estate

Views of Deer Valley Resort from Bristlecone back deck

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Park City Farmer's Market Opens Today!

By diana

Jun 05, 2013

The Park City Farmer's Market will open today at the Canyons Resort's cabriolet parking lot from noon until 6pm. That means it is time for locally grown produce, meats, artisan breads, local arts and crafts, and music! Also new this year the Park City Farmer's Market is pledging to be a NON-GMO provider of all the foods it sells. So, you can rest assured that your family is only getting locally grown and non-GMO foods.

The Park City Farmer's Market will be every Wednesday through September or possibly longer depending on the weather. We are so looking forward to our Wednesday afternoon excursions to purchase yummy berries, peaches, tomatoes, fresh herbs, flowers, and succulent meats and cheeses. That is just a sampling of all the great things you can get for amazing prices at the Park City Farmer's Market. It is one of the best things about living in Park City!

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PBS Show Focuses On Things to Do In Park City In The Summer

By diana

Jun 04, 2013

Last summer the PBS show Getting Away Together visited Park City, Utah and had 3 couples experience all that Park City has to offer in the summer. The couples go mountain biking at Deer Valley, zip-lining, hiking, ski jumping at Olympic Park, and enjoy the festivals, concerts, and many restaurants Park City has to offer. It is a great show and really goes into depth about the history of Park City and what a great outdoor town it is.

See the episode here and let us know what you think!

http://www.gettingawaytogether.com/destination/park-city-utah

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Buying A Summer Home In Park City

By diana

Jun 03, 2013

It’s gorgeous, you want it. The next question is, should you buy? Buyers who are looking for a Park City summer home will often buy without keeping in some simple things. When you’re out looking, remember:

Don’t buy on impulse – Take your time.
Every house tells a story, so work your connections - find someone who knows a neighbor and ask questions about the house you want.
Don’t forget that you’re not going to be there all the time and there are things to consider like upkeep and utilities.
Think about the weather. Would you rather put on a sweater or a swimsuit?
Do you want to live in the most popular spot in the area? Yes, the house is gorgeous, but take into consideration the location. If you’re going to spend your entire weekend worrying about when to leave on Sunday to beat the traffic, it might be best to re-think.
Trust your Realtor to help you make a good decision.