Frank Kilgore: Business Income Ideas

Obama and OBAMACARE is set to Screw Older Folks starting January 1, 2013 with a 3.8% Sales Tax On Some Home Sale Profits.  Actually, ObamaCare will screw many folks selling homes after Jan. 1, 2013 who have built up significant profits in their homes….if they still have taxable profits after their home values have plummeted with the 40% selling price loss nationwide due Obama’s Exponential Debt Spending.

As Nancy Pelosi said about OBAMACARE, “You have to Pass It to Find Out What Is In It!” …. Well, here is one thing discovered by the National Association of REALTORS that was sent to me that I felt was extremely important for all Americans to know about ….

Note: Some editing was requires to the below 3rd party information to provide more clarity and accuracy.

“The National Association of REALTORS is all over this and working to get Obamacare repealed, before the excess profits sales tax takes effect.  But, we are very pleased we aren’t the only ones who know about this ploy to steal billions from unsuspecting homeowners.

Sales Tax Guidelines: For Single Folks with Profits Over $250,000 or Couples with Profits Over $500,000.

Did you know that if you sell your house after 2012 you will pay a 3.8% sales tax on profits over the above guidelines?  That’s $3,800 on profits of $100,000 above the limits.

When did this happen? It’s in the Health Care Bill and goes into effect in 2013.  Why 2013?  Could it be to come to light AFTER the 2012 elections?

So, this is (OBAMA’s ) “change you can believe in”?  Under the New Health Care Bill all real estate transactions will be subject to a 3.8% Sales Tax.
`
If you sell your home with a $400,000 profit above limits, You will have to pay a $15,200 tax.

This bill is set to ‘Screw The Retiring Generation’ who often downsize their homes. Does this make your November and 2012 vote more important?

Oh, you weren’t aware this was in the Obamacare bill?  Guess what, you aren’t alone.  There are more than a few members of Congress that aren’t aware of it either”

http://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home

Thought you might like to see this.  I know I was surprised.  LUCKILY, WE SOLD OUR HOME LATE LAST YEAR and as a result, we won’t have to suffer through this kind of personal asset theft.

Editing to the above 3rd party information was necessary to provide clarity and accuracy. It may still be a little off, but the bottom line is that OBAMACARE is Terrible for America and Real Working and/or Seriously Looking for Work Americans.

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Today, the day before VALENTINE’s DAY from Just Fine Tables, Calera, AL–

While Just Fine Tables continues to complete Two (2) Custom Hand Made in America Kitchen Island Tables, we are also re / Refinishing a large Oak PEDESTAL TABLE with its six(6) fantastic Oak CHAIRS at ENCORE RESALES Consignment Store, Pelham, AL.

Just Fine Tables is refinishing the chairs over time (we have two (2) more to redo ) with expectations of having them with the table later this week. …AND, if we are lucky we will have refinished the large Oak Pedestal Table’s base and skirt to resemble the tables’ chairs (i.e. Distressed Cottage White ).

Below is a picture of the Oak Table with its large leaf and four (4) of the current refinished chairs.

PARTIAL REFINISHING OF OAK PEDESTAL TABLE WITH FOUR (4) REFINISHED CHAIRS

If you have visited Encore Resales over the past 3 months or so, you probably have seen the above table and chair set. We appreciate Encore Resales displaying our table and chairs and know that they enjoy luncheon meals and customer discussions about Encore Resale other offerings on them.

OTHER- We have found our friends over at CRAIGSLIST.ORG having a little hissy with Furniture by Owner Items listed in the greater Birmingham, AL market place. Their concerns are considered both right and wrong depending upon how one evaluates For Sale By Owner items. Since Just Fine Tables has listed most of our items with Craigslist in the For Sale By Owner category in the past (which is absolutely true), we will change our listing in Craigslist to help them in the future by listing our owner items in the For Sale By Dealer category.

We Still Love Craigslist (with the exception of spamming #&%HOLES), and continue to recommend Craigslist.org as an excellent website to find many valuable items and services, some at really great bargain prices!

With that in mind, here is one of our newest Craigslist.org offerings in its new category-

MAN CAVE COFFEE TABLE w/ HIDDEN STORAGE & WOOD SLAT SHELF

Did you follow the link in Craigslist? Craigslist.org offerings

Got to go. Have a GREAT DAY! … Remember VALENTINE’S DAY tomorrow!

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A “Barn Wood Top” FARM TABLE and an “Oak Top” WINE BAR – BUFFET TABLE with 3 Basket Shelf and 8 Bottle Wine Storage Shelf are the most recent tables from Just Fine Tables, Calera, AL.

The Barn Wood Top FARM TABLE is one offering the old rustic sawn plank look most everyone loves. It has been updated to ensure physical integrity and long lasting quality. The table is 31″ x 72″ allowing easy six (6) people seating for your family and friends’ dining enjoyment.

“Barn Wood Top” FARM TABLE-

"Old BARN WOOD Top" FARM TABLE seating 6

The “Distressed Oak Top” WINE BAR – BUFFET TABLE with Basket Shelf has been resurrected as a result of multiple requests from our Made-in-America table friends. The three (3) basket shelf includes 3 large purchased baskets for convenience and are included as part of the wine bar. The standard wine bottle shelf has storage slots for eight (8) bottles and shelving for trays, etc. The Wine Bar – Buffet Table is our most popular size having dimensions 23″ x 60″ and counter height (36″).

“Distressed OAK TOP” WINE BAR – BUFFET Table-

"Distressed OAK TOP" WINE BAR-BUFFET TABLE with 3 Basket Shelf

Note: The “Barn Wood” FARM TABLE and the “Distressed OAK Top” WINE BAR – BUFFET TABLE are consigned at ENCORE RESALES Consignment Store in Pelham, AL. They are also advertised and shown with additional pictures on the Birmingham, AL Craigslist for sale by owner Farm Table, Wine Bar.

Current Spec Projects ( Hand built or Upgraded) Include:
2 FARM TABLES, 1 ‘Saw Horse” Table Desk, 6 Upholstered Chairs, 6 Country Ladder Back Chairs, Child’s Table and Chairs, Custom TV Stand, …not telling.

Current Customer Requested Projects:
2 Custom Kitchen Island Tables, 1 Small Cubbied Bench, 1 Large Rustic FARM TABLE, …not telling.

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Single Family Home For Sale By Owner – $249,500

See more details and photos online!
http://www.owners.com/PMA8615
4 Bedrooms, 3.5 Bathrooms
4 BR, 3.5 bath Home with Great Room and walk-in basement located on Lay Lake in the Perkins Landing gated community near the Alabama 4-H Convention Center and marinas.

Can be purchased FURNISHED at $257,000

The home and gated community offer many amenities.

The home offers approximately 2200 sq ft of living area; 2600 sq ft total enclosed area:

• A grilling porch with gas grill off the kitchen
• A large lot with sprinkler system and a garden spot.

Additionally, you will find :

• An office-study and a handicap accessible bath.

The gated community offers:

• A lake side saline pool
• Boat dock
• A private catfish pond.
• and…  Neighbors (both permanent and weekenders) who are always fun to be with, who are helpful and caring.

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