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Old 06-17-2011, 03:08 PM
 
4 posts, read 3,461 times
Reputation: 13

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Looks like some land clearing is going on at Rt's 113 & 36 just south of town. A friend told me a Food Store and a Lowes might be getting built along with some other stores. Has anyone heard the same?
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Old 06-21-2011, 04:33 PM
 
Location: DE
9 posts, read 9,411 times
Reputation: 11
Your friend is right, I heard with in that area your basic strip mall
Lowes
Grocery Store
Royal Farms
and possibly a Wawa
and a number of hotels

Once they get all the corruption sorted out: http://www.doverpost.com/features/x1...ord-land-deals
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Old 06-22-2011, 06:16 AM
 
3 posts, read 9,789 times
Reputation: 10
That's the case! All of Delaware will continue to grow, in my opinion. Retirees are not taxed on the 1st 40K of their pay, property taxes are grossly lower then surrounding states, and we have good beaches, cities, and much to do all around us. I am a Realtor in Dover, Tim Carper, with Harrington ERA Realty, but I am not saying this as a salesman... I tell family and friends now... buy buy buy, let's just get a great deal and lock in at 4.5 % interest! I truly think all the buyers waiting for a better shade of awesome comes are crazy!!! I bought in 2006 and my interest rate is 6.5%!!! I haven't seen 4.5% in my adult years! Anyway, didn't mean to go on a tangent, just cracks me up how we miss the boat, following others, like those that bought in 2006-2008 (to include me I swear, I was just about to become a Realtor when I bought, I ??? think ??? I would've known better, but I guess I was just following everyone else???
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Old 06-22-2011, 06:21 AM
 
19,922 posts, read 9,977,694 times
Reputation: 27341
Quote:
Originally Posted by tcarper View Post
Retirees are not taxed on the 1st 40K of their pay
Please quote your source on this. I do not believe it to be true. I believe you'll find that in addition to social security benefits, which are not taxable, each taxpayer 60 and older can exclude $12,500 of investment and qualified pension income. I've found nothing that addresses "the first $40K" for retirees.
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Old 06-22-2011, 02:18 PM
 
4 posts, read 3,461 times
Reputation: 13
I think your right Charley about the deduction.... I wish it was $40K though.
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Old 06-23-2011, 02:08 PM
 
Location: Conn.
805 posts, read 893,074 times
Reputation: 648
Quote:
Originally Posted by tcarper View Post
That's the case! All of Delaware will continue to grow, in my opinion. Retirees are not taxed on the 1st 40K of their pay, property taxes are grossly lower then surrounding states, and we have good beaches, cities, and much to do all around us. I am a Realtor in Dover, Tim Carper, with Harrington ERA Realty, but I am not saying this as a salesman... I tell family and friends now... buy buy buy, let's just get a great deal and lock in at 4.5 % interest! I truly think all the buyers waiting for a better shade of awesome comes are crazy!!! I bought in 2006 and my interest rate is 6.5%!!! I haven't seen 4.5% in my adult years! Anyway, didn't mean to go on a tangent, just cracks me up how we miss the boat, following others, like those that bought in 2006-2008 (to include me I swear, I was just about to become a Realtor when I bought, I ??? think ??? I would've known better, but I guess I was just following everyone else???
Tim, you are so right. I am up in Conn. and looking to move within the next year or so. I see no downside to Delaware, nice scenery, low taxes, good location, beaches and so on. The houses are cheaper in the states that have really crashed, in some cases half the price but some of those states are places I would not be too crazy about living (like the desert states - water will be a problem in the future). I hope you have refinanced by now.
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Old 06-25-2011, 06:15 AM
 
19,922 posts, read 9,977,694 times
Reputation: 27341
Quote:
Originally Posted by Charley View Post
Please quote your source on this. I do not believe it to be true. I believe you'll find that in addition to social security benefits, which are not taxable, each taxpayer 60 and older can exclude $12,500 of investment and qualified pension income. I've found nothing that addresses "the first $40K" for retirees.
Quote:
Originally Posted by Brushhog View Post
I think your right Charley about the deduction.... I wish it was $40K though.
As the original poster never returned, I'll have to presume that the information he provided was inaccurate. My source, by the way, is the Delaware Division of Revenue within the Department of Finance. That website is available at Delaware
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