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“The National Association of REALTORS is all over this and working to get Obamacare repealed, before the excess profits sales tax takes effect.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.

Tweet This Post

We have moved our activities from the Kitchen Island (previous post) to the Man Cave Coffee Table in the den as you can see below.

2-Drawer Semi-MAN CAVE Refinished COFFEE TABLE

Just Fine Tables loves to move around the house in our offerings, such as.. Kitchen Islands, Custom Farm Tables, Wine Bar – Buffet Tables, Side – End Tables, Coffee Tables, and the like (bedroom furniture). …AND on occasion we will move outside with an outdoor dining table, a cocktail / coffee table with a chair or two.

Regardless, To Know What We Are Doing, You’ll just have to keep checking back here from time to time to see what we are doing for folks in the Greater Birmingham area furniture market… Or…You Might want to Go Visit Our Friend’s Consignment Store, Encore Resales Consignment and Furniture Store in Pelham where a number of Our Items are On Display plus lots of others.

Later. Got to complete a Hall Bench, a Bed Headboard & Foot board, and if time permitting a couple of Wine Bar-Buffet Tables before we trip out to Tennessee and Texas to visit family and friends.

Tweet This Post

From JustFineTables.com —

A Handmade in America Kitchen Island Table built to Customer Requests in the Greater Birmingham, AL area was completed, delivered, and set-up in the customer’s home. The Kitchen Island Table was requested to look similar to one shown in a May 2006 article found in Southern Living Magazine.

The interesting part of the story was that the lady desiring the kitchen island came into ENCORE RESALES Consignment and Furniture Store in December 2010 with a torn out page of the Southern Living Magazine article showing the Island style she wanted. When she showed it to the Encore Resales staff, they were all surprised!!

They were all surprised as the Kitchen Island she showed them was already in the store; actually a similar duplicate built by yours truly, Just Fine Tables, from the same article the lady brought in. (( Scroll down or Go to the Kitchen Island Category and you should be able to see the Simi-’Southern Living Magazine’ Island the Encore Resales staff showed the lady. ))

That was unreal. But it actually happened. AND, now we have this custom built kitchen island to fit in the lady’s kitchen.

3' x 4' Handmade PINE TOP KITCHEN ISLAND with Two Shelves

Note: The Kitchen Island Table top is removable from the base for easy relocation. (For this customer, this was a fantastic feature to deliver and set the island in place.)

This was truly a fun, but time consuming project with the extra shelf with necessary spacing between shelves asked for by the customer. And since, Just Fine Tables does not like to see any connectors or braces or similar support brackets in our hand built, made in America tables, that made it even more difficult….
But, we prevailed! and the customer is very happy which is always a primary goal of Just Fine Tables in our offerings and work.

Should you like or need a Kitchen Island, Farm Table, Coffee Table, or Wine Bar-Buffet Table, please contact Just Fine Tables at: (205) 668-1488; or email at: JustFineTables@gmail.com ….or Visit ENCORE RESALES, and see what we have on display in Booth 47 / 469.

Tweet This Post

A Re-Posting from our friends at Just Fine Tables.

A beautiful Made in America Handmade Kitchen Island Table has found its way to our friends’ consignment and furniture store, ENCORE RESALES in Pelham, AL which serves the Greater Birmingham area with new, antique, and re-purposed furniture.

The Just Fine Tables’ Handcrafted Kitchen Island is a combination of a large 3′ x 5′ Stained Hardwood Plank Top (removable**) on a large legged black base with a distinctive slat rung shelf.

HANDMADE HARDWOOD TOP KITCHEN ISLAND TABLE with Slat Rung Shelf

** Yes, the top is removable from the base to ease relocation.

If you like this Kitchen Island and would love to make it yours… just visit ENCORE RESALES and the staff there will do their best to help you take it home for years of enjoyment.

However, if you would want or need a Different Handmade Kitchen Island, Farm Table, Coffee Table, or a Useable and Stylish Wine Bar-Buffet table, feel free to
Contact Us at JUST FINE TABLES.
We will do our best to make your table dreams a reality.