Archive for February, 2018

Reap Tax Benefits As Katy Homeowner!

Katy TX Real Estate

Tax Benefits for Katy Homeowners

If you’re a new Katy homeowner, make sure you’re aware of all the tax benefits you can enjoy when filing your taxes for 2017! When it comes to taxes, it pays to be a homeowner, literally. As your Katy real estate agent, I am here to fill you in on some of the best tax benefits to know about, and what to know for tax season next year, due to changes in the new tax plan that went through.

Mortgage Interest

This is probably the best tax break of owning a home! You can deduct the interest on a mortgage up to $1 million. The more recent your mortgage, the bigger your savings, because you pay more interest in the beginning. Nothing is changing when you file taxes for 2017. Next year, homeowners with a mortgage before Dec. 15, 2017 can still deduct interest on loans up to $1 million. Homeowners with a mortgage after that can deduct interest up to $750,000.

Property Taxes

Most of the time, you can deduct property taxes on your 2017 tax return. If you have a mortgage, your taxes are usually built into your monthly payment. Use a tax professional to help you calculate your property taxes. The average household property tax is over $2,000, so this could mean big savings!

Private Mortgage Insurance

If you put less than 20 percent down on your home, you may be paying private mortgage insurance. The tax deduction for this expired, but the new tax bill made it available for the 2017 tax year. This deduction is for itemizers only. For 2018 taxes, the standard deduction nearly doubles, so it’s expected that very few taxpayers will itemize deductions starting next year.

Energy-Efficient Upgrades

While many of these tax credits have expired, there are still two available. That is for solar electric and solar water heating equipment. These credits are available through Dec. 31, 2021. The percentage of the credit varies based on date of installation, but from now until Dec. 31, 2019, 30 percent of the expenditures are eligible for the credit.

Home Office

If you work from home, you can take $5 per square foot for up to 300 square feet of office space. This allows for a maximum deduction of $1,500. There are strict rules about what counts as a home office, so be sure to look into it. Next year, this deduction will only count for self-employed people who don’t have an office they could go to.

Other tax benefits that may be available for Katy homeowners includes home improvements to age in place, andinterest on a home equity line of credit. For more information on all of this, check out this article.

Ready to buy a Katy home so you can enjoy these tax benefits next year? Ready to sell? Have questions about the Katy real estate market? I am your Katy real estate agent, standing by to answer questions and guide you through the home-buying and/or home-selling process this year!

Mickie Cioccia
Mickie C and Company Realty
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Valentine’s Day & Beyond in Katy, TX

vday cookiesHappy Valentine’s Day! As your Katy real estate agent, I am here to fill you in on how to celebrate this romantic holiday today in Katy, and to let you know of other events and activities coming up in the area this month.

  • Tonight, Drix Restaurant & Lounge is offering a Four-Course Valentine’s Day Dinner! Menu options will include crab cakes Valentino, bruschetta, filet mignon and a decadent chocolate dessert. Make sure to call and see if they have any openings left!
  • Another four-course Valentine’s Dinner option in Katy is from Antonia’s Cucina Italiana. This will be served at Cane Island’s Amenity Village tomorrow, Feb. 15, and will include a bottle of wine. Reservations are required.
  • If you’re all about the desserts on Valentine’s Day, head to Ooh La La dessert boutique! They’ve got shortbreads, red velvet cheesecake, strawberry amaretto cupcakes and more. Visit their website and check out all of their beautifully decorated Valentine’s Day options.
  • If you’d like help finding a restaurant to celebrate Valentine’s Day at in Katy tonight, here are Katy’s top-rated romantic restaurants, according to Yelp. Check out the list and then call to make a reservation. Any excuse is a good one for a night out!
  • Celebrate Valentine’s Day this Saturday, Feb. 17, with Romance of the French Quarter Annual Date Night. At Central Green Park at LaCenterra at Cinco Ranch, you can enjoy music from the Platinum Players Zydeco Band and a special picnic menu from Peli Peli. First 25 couples will score a free dessert!
  • The next Chick-fil-A event in Katy is on Feb. 20 at the Cinco Ranch location and Feb. 21 at the Mason Road location. Enjoy Family Night: Core Essentials Value – Kindness from 5:30 to 7:30 p.m. at each location. Kids can make a kindness chain and find ways to make a friend’s day better.
  • If you’ve got a new pet, you may be interested in Level One Obedience Training at Camp Bow Wow, which is a six-week course that meets from 10 to 11 a.m. for six consecutive Saturdays. Also on Feb. 24, from 12:30 to 2 p.m., Katy pets can get vaccinated for a great price.

Enjoy these upcoming ways to celebrate love and life in Katy, TX this month! You could always celebrate Valentine’s Day with a candlelit dinner at home as well, or just nibble on desserts while watching the Olympics. The option is yours on how to celebrate holidays!

The option is also yours on when you want to start achieving your Katy real estate market goals. As your Katy real estate agent, I am here and ready to answer your questions and to guide you through the home-buying and/or home-selling process! All you have to do is contact me and we can get the process started.

Mickie Cioccia
Mickie C and Company Realty
Check Out Our Website
See Katy and Houston, TX Homes for Sale 
Become Our Facebook Fan
Follow Us on Twitter
Connect With Mickie on LinkedIn
Contact Our Team

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Copyright © 2014 . All rights reserved. Your Local Katy Texas Blog and Katy Texas News Information.Katy Texas! Sports, community events, museums, movie theaters, parks, arts, family activities, attractions and summer camps for Katy, Tx. Katy, Texas real estate - use Katyites Real Estate to find real estate in Katy or other Texas real estate. Use our home buyer tools to research all aspects of the Katy housing market including Katy neighborhood information, Katy home loans, and Katy schools. Whether looking for homes for sale in Katy or Katy apartments for rent, Yahoo! Real Estate can help. Katy Texas | Katy Mills Mall, Katy Real Estate |Katy Texas Blog | Katy TX News Events & Reviews | Katy Texas Real Estate blog | Zip codes 77493, 77494, 77449, 77450, 77079, 77084, 77094

Katyites | Powered by © Katy Real Estate, Texas Real Estate - use Katyites Real Estate to find real estate in Katy Real Estate or other Texas real estate. Use our home buyer tools to research all aspects of the Katy Real Estate housing market including Katy Real Estate neighborhood information, Katy Real Estate home loans, and Katy schools. Whether looking for homes for sale in Katy Real Estate or Katy Real Estate apartments for rent, Yahoo! Real Estate can help. Our Katy real estate market snapshot gives you an overview of the housing market in Katy Real Estate, TX - easily find Katy Real Estate housing market prices, housing inventory statistics such as number of listings, median home price, home price trends, and monthly real estate market trends. Once you have a better sense for the Katy real estate market, search our Katy Real Estate foreclosures, Katy Real Estate new homes, Katy Real Estate classifieds, Katy Real Estate rentals, or all Katy homes for sale. From the award winning KatyISD school district, to the tremendous value in luxury homes in great family subdivisions like Cinco Ranch, Grand Lakes, Seven Meadows, Green Trails, Kelliwood, Nottingham, Windsor Park, Cross Creek Ranch, and Falcon Ranch, to world class hospitals and medical facilities that have the Katy area being dubbed "Med Center West"

realized they had found the perfect place for their clients to raise a family...and for their clients parents to enjoy the Grandchildren! Katy boasts great Active Senior options like Heritage Grand (a 55+ section of Cinco Ranch) and The Solana at Cinco Ranch, wonderful family amenities like parks, playgrounds, golf courses, lakes, fishing, boating, nature walks, and short drives to the beach and Hill Country. the Katy area is a great place to enjoy the weekend. Simply put Katy has it all! Area Tour" with you and show you why they feel Katy Real Estate is the best place in the Houston area to live, work. and play! You will see schools, great luxury family subdivisions, shopping facilities, highway options, and wonderful restaurants! Cross Creek Ranch: Cross Creek Ranch is the newest Master Planned Community in the Katy Real Estate area but is quickly catching on with those looking for a little slower pace

While still having lots of amenities and wonderful school options. Developed by the same people who brought us Grand Lakes, Cross Creek Ranch has a wide variety of homes and prices. This community is an easy commute to I-10 and the Westpark Tollway. Kelliwood: Kelliwood is a beautiful group of subdivisions off S. Fry Rd. A wide range of homes and home prices can be found here. From Custom Gated sections like LakeForest that are comprised of all estate smaller patio homes that border the Willow Fork Country Club. The short commute times appeal to a wide range of buyers! Green Trails: Green Trails is a large Master Planned Community that borders I-10, S. Fry Rd, and Baker Rd. It is full of amenities for the family, is close to I-10 and the Houston Energy Corridor, and has a variety of styles and price ranges from small one story homes up to Custom matter what you are looking for it will be easy for you to carve out your slice of Green Trails! Silver Ranch: A fairly new master planned community located in area that some folks believe is the best part of all of Katy Real Estate.

Silver Ranch is only a short drive away from Katy Mills Mall and is located in the highly acclaimed Katy Independent School District. The community is approximately 3 miles from both I-10 and the Westpark Tollway. Lavish homes ranging from the $140's to $300's make the community very affordable for growing famililies or empty nesters. Silver Ranch is conveniently located for access to major employers in the energy corridor and has easy entree to South West Houston, Sugarland, West Park Tollway along with numerous park and ride bus lots that have express service to downtown Houston. When this community is completed it will be home to about 1,500 families. Amenities include Six Lane Jr Olympic Pool , Stone Grill Children's Splash Pad, Tennis Court, Playground and Swing Set, Outdoor BBQ Pavilion and numerous Walking Trails.

Seven Meadows: Seven Meadows is a Master Planned Community that was developed by the same people who put Cinco Ranch on the map! It is located right off HWY 99 (the Grand Parkway) with short commutes to both I-10 and the Westpark Tollway. Pools, parks, a movie theater, work out facilities, and nature trails are all part of this great community!

Katy is a city located in Harris, Fort Bend and Waller Counties in the U.S. state of Texas, within the Houston–Sugar Land–Baytown metropolitan area. The population was 11,775 at the 2000 census.

Katy, suburb of Houston, Texas, is named for the Missouri-Kansas-Texas Railroad (commonly referred to as the "K-T Railroad", now a part of Union Pacific) that ran through Katy in the 19th century. Katy was once known as Cane Island. The name is derived from Cane Island Creek which runs just west of downtown. Cane Creek is a branch of Buffalo Bayou. The origins of the name Cane Island are believed to be from the fact that Katy was once a major sugar cane producer and rice producer. To commermorate the importance of rice to the Katy community, the Chamber of Commerce holds the Rice Harvest Festival every second weekend of October.

Katy was recently the location of one of the ten large red balloons in the DARPA Network Challenge on December 5, 2009. The balloon was stationed in Katy Park.

In 2009 the Gadberry Group named Katy as one of nine "9 from 2009" most notable high growth areas in the United States.
After a low income apartment complex was proposed for development in an adjacent unincorporated area, in 2010 the Katy City Council passed a resolution stating that the development would decrease property values.[5] The plans for the complex were canceled.