Gateway Land & Development

Category Archives: Winter Park

Have you ever found yourself wondering how the market is doing in your area? Here is the Vail Valley market review for December 2015 per the Vail Board of Realtors.

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This review has some great information to help you understand and see the monthly trends for this year and past years.

For more information, please contact Greg Peterson at 970-331-1333 or CAR-greg@gatewayland.com.

WASHINGTON (July 9, 2015) — Real estate like-kind exchanges are an important vehicle for disposing of and acquiring properties and support the nation’s financial growth, job creation and economy, according to a new report from the National Association of Realtors®. The Like-Kind Exchanges: Real Estate Market Perspectives 2015 survey of NAR’s commercial and residential members found that real estate investors and commercial property owners place a very high priority on current like-kind exchange tax rules; 40 percent indicated that transactions would not have occurred in the absence of the tax provision, and 56 percent said even if the project would have occurred it likely would have been smaller in scale. Realtors® are active participants in like-kind exchanges; 63 percent of Realtors® participated in a like-kind exchange transaction between 2011 and 2015.

The survey found that like-kind exchanges in which Realtors® participated created between 10 and 35 new jobs, mostly resulting from spending on building improvements following acquisition. “Like-kind exchanges that allow investors and businesses to defer capital gains taxes on the exchange of similar properties bring great advantages to investors, real estate markets and the economy,” said NAR Chief Economist Lawrence Yun. “Realtors® and their clients often look for better economic use of existing properties that are underutilized, which helps promote local economic development and increase the nation’s gross domestic product.” Internal Revenue Code Section 1031, a provision that has been in the tax code since 1924, provides individuals and businesses with critically needed tax deferment on gains after the disposition of a property as long as the proceeds are reinvested in a similar property through a like-kind exchange. Replacement properties must be identified in 45 days and the transaction completed within 180 days.

Survey respondents said the primary reason that they or their clients participated in a like-kind property exchange, aside from the deferral of capital gains taxes, was for equity to acquire additional properties. Other reasons were for estate planning, portfolio diversification and completion of a development project. The tax savings resulting from like-kind exchanges are also helping bring more capital into local markets. Eighty-six percent of respondents said the savings from tax deferment allowed them or their clients to invest additional capital and make improvement in their acquired properties; these investments are generally responsible for the creation of new jobs, such as in construction and property management.

According to the survey, in 68 percent of like-kind transactions, Realtors® acted as a broker or agent, and 24 percent participated as an owner or investor in the transaction. A larger percentage of commercial members (76 percent) reported engaging in a like-kind exchange transaction compared to residential members (45 percent). Of the total, 40 percent participated in between 1 and 3 transactions, and 23 percent participated in 4 or more transactions. Residential properties comprised the largest portion of recent deals, accounting for 27 percent of disposed properties and 24 percent of acquired properties, followed by apartments (17 percent of dispositions and 22 percent of acquisitions). Land assets accounted for 19 percent of dispositions and 17 percent of acquisitions; retail properties accounted for 8 percent of dispositions and 13 percent of acquisitions; and office buildings comprised 11 percent of dispositions and 10 percent of acquisitions. Investors tend to hold on to their properties for several years; 47 percent of respondents reported their holding period was between 5 and 9 years, and 27 percent indicated a holding period of 10 to 14 years.

NAR believes like-kind exchange transactions are fundamental to the real estate investment sector, and repealing the tax provision would have negative effects across real estate markets and the industry. “Like-kind exchanges help investors more efficiently allocate capital and resources with less borrowed money into new investments that drive economic activity in communities across the nation,” said NAR President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Ark. “Any tax reform plan repealing like-kind exchanges would hurt investors and small businesses, increase financial leverage, weaken growth and the economy, and result in the loss of jobs.” Survey respondents indicated that repealing like-kind exchange tax provisions would reduce equity in real estate; 67 percent indicated repeal would lead to a large increase in financial leverage. Realtors® said the negative result would be reduced purchase money and new construction loans, and increased property holding periods. Ninety-six percent of Realtors® also said real estate values would decrease if like-kind exchange provisions were repealed.

The National Association of Realtors® Like-Kind Exchanges: Real Estate Market Perspectives 2015 report is based on a survey of 49,593 commercial practitioners and 55,160 residential practitioners (total sample size of 104,753) in January 2015, which generated 3,450 responses from all 50 states and the District of Columbia. The survey had a response rate of 3.3 percent. The report is available at www.realtor.org/reports/like-kind-exchange-survey. The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.

What is Leverage Global Partners? Who are they? These are two questions I am frequently asked as talk to people looking at the wide variety of properties we have displayed on our windows.

The best way to start to understand what Leverage is to look at their vision statement.

“Inspired by a steadfast determination to elevate the field of play, Leverage Global Partners empowers an international network of prestigious independent real estate companies through shared intelligence, agile marketing strategies, and entrepreneurial connectivity. Each member of Leverage Global Partners has been carefully selected as demonstrating innovative leadership and peerless integrity in the field of real estate.”

Alright, so what does all of that mean? In essence, it means that our properties are marketed along side some of the premier properties around the world. Leverage Global Partners also connects you to Real Estate Brokers who are held to higher standards of service.

Leverage Global Partners Code of Care

  • INTEGRITY AND ACCOUNTABILITY:
  • DEFINING THE NEEDS OF OUR CLIENTS:
  • OUR STANDARD OF CARE:

Each member of Leverage Global Partners has been individually selected based on their recognition and expertise in the field of real estate as caring, conscientious experts as well as their willingness to whole-heartedly operate under the terms of this Code of Care. We understand and accept these principles, and we honor and commit to be held accountable to uphold these standards of practice.

If you still are not sure about the diversity and scope of the Leverage network, check out the Leverage Lookbook Spring 2015. You will find us in there on page 125.

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For more information check out their link on the bottom right of our web pages and remember, call Greg at 970.331.1333 for more information about any of their properties or local properties here in the Vail Valley. 

 

Vail, Colorado and the entire Vail Valley are famous for world-class mountain recreation, and the abundance and variety of year-around activities will set your vacation apart from any other you’ve ever had!

Summer brings sunny days and boundless fun, from leisurely nature walks to hard-core mountain biking, from scenic horseback trail rides to exciting rafting, combined with cultural and music events nearly every week.

Take a peek at our Vail Valley events calendar. You’ll be amazed at what’s happening while you’re here. Our events are world-class, and many are FREE!

Summer & Fall Activities

Discover what Vail Valley locals know: we came for the winters, but stayed for summer and fall. With our superb climate, you’ll want to spend the long days outdoors. Whether your idea of fun is active or idle, the choices are plentiful. Here are some of our favorite things to do in summertime in Vail and Beaver Creek:

  • Biking, both road and mountain bike. Vail’s bike path is extensive, and of course, Eagle County is a mountain biking mecca!
  • Ballooning. Gorgeous views in a colorful balloon!
  • Rafting. From the Eagle River to the mighty Colorado, our waters are prime for river rafting and kayaking.
  • Fly Fishing. Clear, pure and predictable! (the water, not the fish!)
  • Golf. With 16 courses here in the Vail/Beaver Creek area, you’ll find challenges on every hole.
  • Jeeping. Go with the professionals for an out-of-resort, blow-your-mind experience.
  • Horseback riding. Enjoy the Western side of Vail and Beaver Creek resorts.
  • Camps & Classes. Most of our local camps and classes are in an outdoor setting.. guaranteed smiles!
  • And so much more!

Check out all Vail and Beaver Creek Summer Activities right here!

 For more information, please contact Greg Peterson at 970-331-1333 and have a blessed summer.

Founded in 1975, Canine Companions for Independence is a non-profit organization that enhances the lives of people with disabilities by providing highly trained assistance dogs and ongoing support to ensure quality partnerships. Headquartered in Santa Rosa, CA, Canine Companions is the largest non-profit provider of assistance dogs, and is recognized worldwide for the excellence of its dogs, and the quality and longevity of the matches it makes between dogs and people. The result is a life full of increased independence and loving companionship.

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Grab a leash and be part of Canine Companions DogFest Walk ‘n Roll! It’s a community dog walk that supports the mission of Canine Companions for Independence. Put together a team of friends, family members and coworkers. Then fundraise to earn a cool DogFest prize. If you raise $100, you’ll get a DogFest bandana to sport at DogFest. Then come to DogFest for a tail-waggin’ good time!

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If you are interested in being a part of DogFest in any way please email Greg Peterson at greg@gatewayland.com or visit his website.

 

 

Front, side, reverse, hands or forearms, knees or toes—whichever way you choose to plank, this simple, stationary position is an essential exercise in your weekly fitness routine. When performed correctly, planking strengthens all the muscles that run up and down your spine, which helps you to stand, rotate, bend and lift with ease. And let’s not forget the bonus benefits of strengthening your arms, shoulders, glutes and legs. There’s no better way to multitask than to perform plank exercises.

Planks have endless variations. Subtle changes such as lifting an arm or adding movement can change the degree of difficulty of the exercise, keeping your body challenged and your workouts fun. Ready to fire up your core? These five plank variations focus on lifting the legs and adding rotation to intensify the work.

Plank Set-up

All exercises, except for the last one, should begin in one of the positions described below. Setting the foundation ensures that your alignment is correct and your entire body is connected and engaged so you’ll be ready to tackle these fun and highly effective plank exercises.

High Plank

Position the body face down with hands underneath the shoulders and inner arms close to the body. Tuck the toes and contract the quadriceps and glutes so the knees come slightly off the floor. Engage the abdominals, inhale, and on the exhale press the body up in one unit to high-plank position. You should be in a straight line from head to heels.

Forearm Plank

Position the body face down with the elbows bent underneath the shoulders and the forearms and palms firmly planted into the ground. Tuck the toes and contract the quadriceps and glutes so the knees come slightly off the floor. Engage the abdominals, inhale, and on the exhale press the body up onto the forearms. You should be in a straight line from head to heels.

Forearm Plank With Repeater 3 Taps

Plank

plank

-Begin with forearm plank set-up (see above).

-Raise the right leg off the ground and tap the right toes onto the left ankle.

-Raise the right leg again and tap the floor to the outside of the left foot.

-Raise the right leg again and tap the left ankle.

-Return back to center and repeat the sequence with the left leg.

-Repeat this repeater 3-tap pattern for eight to 10 reps. Perform two sets.

Side Riser Plank

plank

side plank

This plank variation is a hybrid of a side forearm plank and a high plank.

-Begin with the high-plank set-up (see above). Lower down onto the right forearm and spin the legs so they are stacked with weight on the outer edge of the right foot. Reach the left arm up toward the ceiling.

-Place the left hand down and push the body back up to high-plank position.

-Lower down onto the left forearm and spin the legs so they are stacked with weight on the outer edge of the left foot. Reach the right arm up toward the ceiling.

-Place the right hand down and push the body back up to high-plank position.

-Repeat this alternating pattern for 10 reps. Perform two sets.

Marching Side Plank

side plank

marching side plank

Keeping a rhythmic marching pattern is the challenge in this side-plank variation.

-Begin with the high-plank set-up (see above). Roll to the right arm and position the legs in a scissors stance, with the left leg to the front with weight on the bottom of the foot, and the right leg to the back with weight on the outer edge of the foot.

-Lift the right knee toward the chest and release back down. Lift the left knee toward the chest and release back down. Repeat this pattern in a rhythmic fashion for 10 reps.

-Roll back to high plank and then release to the ground to rest. Repeat on the other side, rolling to the left arm, with the right leg to the front with weight on the bottom of the foot, and the left leg to the back with weight on the outer edge of the foot.

-Performing 10 reps on each side is one set. Perform one to two sets.

Fallen Triangle Switch

plank

plank

plank

Inspired by yoga, this plank variation challenges stability and engages the abdominals, arms, and inner and outer legs.

-Begin with the high-plank set-up (see above). Roll to the right arm and stack the legs with weight on the outer edge of the right foot. Reach the left arm up toward the ceiling.

-Kick the left leg forward and hold.

-Draw the left knee in toward the chest and spin the knee underneath the body, rolling to the left side plank, kicking the left leg forward. Reach the right arm up toward the ceiling.

-Draw the left knee in toward the chest and spin the knee underneath the body, rolling back to the right side plank and kicking the left leg forward. Reach the left arm up toward the ceiling.

-Return back to side plank and repeat the sequence.

-Perform one to three reps on the right side and then one to three reps on the left.

Quadruped Hover With Leg Kickbacks

plank

This quadruped plank variation looks easy, but it is very intense for the core.

-Begin in quadruped position, aligning the hips over the knees and shoulders over the wrists.

-Tuck the toes under, engage the core and lift both knees about 2 inches off the floor.

-Extend the right leg back, pointing the toes and hips toward the ground. Return to center and repeat with the left leg.

-Repeat this alternating pattern for 10 reps. Perform two sets.

By Stephanie Thielen

With great snow comes great opportunity to ski sooner than you ever expected. Snowmass will be opening November 19th this year which is five days sooner than expected! Skiers can expect up to 160 acres open to break in their new gear and work off the summer rust. If you are just getting into town, why not buy a new home and stay a while. Gateway Land & Development a Real Estate Company can get you there!

Grand County is one of the best, most affordable, and closest mountain valleys in our great state of Colorado.? If you want these views, give me a call.? The Winter Park Fraser Valley has been my home for a decade and I can help make it yours!

Parry Blue Bird DayRESIZED

James & Parry Peaks, Winter Park Fraser Valley, Grand County, CO

Byers Blue Bird day RESIZED

Byers Peak on a bluebird day.? If you want this view, give me a call!

Austin Pottorff???????? austinpottorff@gmail.com? /? 970-281-9071

East Mountain at Rendezvous, one of the Winter Park Fraser Valley’s most premier communities.

Lot 24 frames Byers Peak while offering ski area and valley views.

Rendezvous offers underground utilities & paved maintained roads in this covenant controlled community.

The Fraser River flows through Rendezvous.? This is a special opportunity at $179,500!

Best Lot Pic RESIZED

Contact Austin Pottorff at Gateway Land & Development for lot details

970-281-9071????? austinpottorff@gmail.com

This weekend, Winter Park Resort hosts the annual Wells Fargo Bank Cup.

Mother Nature has been kind giving us over 30 inches of snow in the last week and its still coming down!? On a weekend as busy as this, when the snow is too good to stay away, it’s good to know owners at Lakota can walk to Winter Park Ski area!? Valley Taxi also offers dial-a-ride service and scheduled pick up’s throughout the day.? The snowmobiler’s have also been enjoying the conditions and accessing the vast trail system the James Peak Wilderness area provides directly adjacent to Lakota Subdivision.

Shutes Powder BoulderRESIZED

The chutes at Mary Jane Ski area,

Pony Lift RideRESIZED

View from Pony Express, Mary Jane Mountain February 21, 2010

Fore more details on how you can enjoy the Winter Park lifestyle, give me a call.

Austin Pottorff ? ?? 970-281-9071 ????????? www.GatewayLand.com ????????? www.LakotaAtWinterPark.com