Page 4 April 14, 2010
The Newscaster/Nature Coast News
Real Estate Today
Inglis woman charged with using
witnesses to shearer St., Inglis, was arrested by the Inglis Police Depart-
transport stolen vehicle
Your house & IRS tax deductions
A Guest Commentary by Darryl Diamond
Ashkeyia A. Obry, 20,
ment, April 8, charged with felony theft. According to the arrest report, Obry is charged with
Since this is IRS Tax filing this
deduction. Second mort-
taking a 1970 Ford pickup truck from a house on Azalee St. with the intent of removing
week, here are some more tax deductions to
gages and home equity
parts from the vehicle.
go over with your professional tax preparer
loans may also have some
The report stated that Obry used two witnesses to transport the truck from Azalee
for this year, and the coming years.
deductible value on you
St. to Maple St. The arresting officer reported that he witnessed Obry walking from the
When you close on a home a bunch
returns.
Maple St. residence where the truck was located and in the possession of the two witnesses.
of items on the Hud-1 closing statement may
Your lender will
The witnesses told the officer that Obry had told them that she had permission to take the
help you get IRS tax relief. Many of you
send you IRS form 1098
vehicle. Upon questioning by the officer, Obry admitted that she had not been granted per-
know that mortgage interest on you primary
that will state Mortgage
mission to take the vehicle. Obry was arrested on a charge of grand theft and transported to
home is tax deductible, but discount points
Interest Paid, and the rest of these possible
the Levy County Jail.
are also considered pre paid interest, and
deductions can be found on your closing
Levy Deputy Involved in Traffic Crash
should be discussed with your accountant.
statement which you can bring to your ac-
When you close a home purchase
countant.
you usually have pre paid interest which
Do not forget your second mortgage
is pro rated mortgage interest on the loan
or home equity loan interest and other fees
Chiefland, Florida-Investigator Tom Martin was responding with his emergency lights on to
from the closing date until your first pay-
that may be tax deductible. Second homes
a burglary in progress call at 8690 NW 150 St. At 147 Place and Old Fanning Road when a
ment date. Your accountant may also be able
that are rented out as investments properties
vehicle pulled out in front of Martin and he avoided the crash by driving on the shoulder of
to deduct any property tax paid at closing.
also may have some tax deduction value.
the road and struck a tree. Investigator Martin had to be extricated from the vehicle and was
Now we come to loan origination points.
Deprecation on those investments that are
transported to Shands University Hospital. Martin is listed in stable condition. The Florida
Mortgage brokers like me get “Wholesale”
rented out, even part of the year, need to be
Highway Patrol is on the scene and handling the traffic crash.
pricing on loans. We then make our money
discussed with your tax preparer.
Corporal Lauree Allen arrived at the scene and placed Douglas Maund in custody
by offering a rate that has our fees included
Discuss filing an amended return
for grand theft. The investigation revealed that Maund was stealing scrap metal from the
or charge an origination fee or a combina-
for past years to recapture deductions that
residence the past three days and selling the scrap metal in Marion County.
tion of both. If you paid origination fees on a
may benefit you, and there is no shame
Inglis Super Stop Restaurant
recent home purchase, your origination fees
on filing an extension if you need it. Even
may also be tax deductible. If you are paying
though we all procrastinate on tax returns,
Open 5 am - 3 pm for Breakfast & Lunch
purchasers mortgage insurance (PMI) which
it is a fact that the more you are able to help
is usually on a loan that is over 80% loan
your preparer, the more you stand to get
Daily Lunch Specials $5.99
to value (LTV) then you may have another
back. I’ll see you around “The Campus”
Specials Include DRINK & FRIES
Residents missed in Census survey can call this number
HOURS:
Residents who did not get a survey form for the 2010 Census can call 1-866-872-
Monday-Fri.5 am - 3:30 pm
6868 after Monday, April 12, to get a form sent to them.
Saturday 5 am - 2 pm
Citrus County commissioners are urging all residents who got forms to send them
in and they’re asking those who did not to call for a form to send in. They point out that the
Dine-In
numbers counted will affect many different allocations, grants, programs and funds over the
or Call-Ahead
next decade – which will have an effect on all residents in the county in the coming years.
U.S. Hwy. 19
for Take-Out
“This is one of those ways in which you really can make an individual difference in your
447-4047
(at C.R. 40)
Shell Gas
352-
community by your action, said County Commission Chairman Gary Bartell. “I urge every-
Inglis, Florida
one to send in the survey form.”
Coastal
Hair Port
The 10-question forms are confidential and can be filled out in only a
few minutes.
at Plaza 40
email news to: news@thenewscaster.com
Carting
Shopping Center
10-20-30 yd.
Hwy. 40E, Inglis
DUMPSTERS
352-212-0405
Call for Appointment
Contractors/Homeowners
Restaurant the Border!
Walk-Ins Welcome
Construction Debris
Big John
Yard Waste - Junk
The Best Mexican Cuisine South of
Demolition Debris
445 NE 1st Terrace • Crystal River • North of Big Lots & East of Post Office
Open 7 Days
Crystal Terrace Shopping Center
Monday-Thursday
11 am - 2 pm & 5 - 9 pm
Family Salon for
Friday
Men • Women • Kids
11 am - 2 pm & 5 - 10 pm
Saturday
Perms, Hi-Lites & Color
Noon - 10 pm
FAMILY Owned & Operated
Starting at $45
Sunday
Licensed & Insured
Womens Cuts - $12
Yes, We Have Beer &
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Lunch & Dinner Served
352-465-5020
Clipper Cuts - $8
Dine-In or Take-Out
352-795-5251
Sugar Mill Liquor
Buddy & Fred's Hardware
42 Hwy 19 N. - Inglis,FL - 352-447-2600
Lisa VanDeBoe
Next to the Pinch-A-Penny store
Broker/Owner
Buddy & Fred's Hardware
352-634-0129
north of the Crystal River Mall
is Now Doing Business
See all the listings in Citrus County on our Website
www.plantationrealtyinc.com
2351 N.W. Hwy. 19-B Crystal River, Florida
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