Occasionally, because Bedico Creek Preserve is such a popular neighborhood on the northshore of Lake Pontchartrain in New Orleans, Louisiana, we will have newspaper, magazine, and online articles and blogs written about our master-planned community. We feature these articles in our Press Room area. Also, we sometimes create press releases for special news and events that are happening at Bedico Creek Preserve. You can find all of this information, plus make media inquiries all right here in our Press Room.
This event is sponsored by St. Tammany Parish President Mike Cooper in Covington.
Festa del Vino Wine Tasting
June 18, 2022
7pm – 9:30pm
Covington Firehouse Event Center
432 N. Theard St.
Covington, LA 70433
$90 per ticket
Click Here for More Information.
There will be complimentary champagne and macaroons in Covington.
115th Anniversary Party
Southern Hotel
428 E. Boston St.
Covington, LA 70433
June 1, 2022
5pm – 7pm
This is a free event.
Click Here for More Information.
The National Association of Realtors revealed in the most recent buyers’ report that millennials make up 37% of the homebuyers. Millennials (22-40 years old) make up the largest share of homebuyers in 2021.
The report breaks up the millennial generation into two groups. The older millennials who make up 23% of homebuyers range from 31-40 years old and the young millennials (ages 22-30) make up 14%. Combined this makes up the 37% reported and has not changed since 2014.
This year the report also includes Gen Z buyers for the first time. These buyers are between 18 and 21 years old and only make up around 2% of home buyers and sellers. Gen X (ages 42 – 57) comes in at 24% when it comes to buying a home. Gen X has the highest median income of $113,300 and they usually purchase the largest houses (2,100 square feet).
The oldest generation reported was the Silent Generation which is from 74 – 95 years old. This generation just purchased 5% of the homes this year. This is a small group which probably is due to the fact that this age bracket is retired. The largest group for selling homes was the Baby Boomers (ages 56 – 74) which consisted of 43% of home sellers.
If you would like to view the NAR’s report which also includes characteristics of home buyers and sellers click here.
Everyone in America will be filing for taxes if they earned any money in 2021. Current homeowners have tax incentives that will help protect their investment and make homeownership easier for everyone. If you are a homeowner then you will want to understand how these tax incentives will benefit you.
Mortgage interest deductions are one of these incentives. This will reduce your taxable income. A homeowner can deduct mortgage interest on the first $750,000 of their mortgage. Premiums paid on qualified mortgage insurance and home equity loans that are specifically used to buy, build or improve your home can also be itemized under deductions. If you are married but filing separately, the maximum deduction will be $375,000 for each.
A homeowner can also deduct state and local taxes. You can deduct up to $10,000 in state and local taxes. In fact, this includes property taxes! Remember again, if you are married and filing separately you will receive $5,000.
Another tax incentive for a homeowner is residential energy credits. There are two kinds, residential energy credit, and non-business energy credit. For residential energy credit, a homeowner can get 26% of the cost of residential energy property equipment plus labor. This includes solar, wind, and geothermal equipment. Examples of geothermal equipment are solar panels, advanced circulation fans, or natural gas water heaters. Non-business energy credits will give homeowners 10% of the cost of qualified energy efficiency improvements and 100% of residential energy property costs. There is a maximum of $500 from the time the credit was created in 2006 to 2022.
Homeowners have many financial benefits when it comes to owning a home. During tax season you need to add up your tax breaks. Speaking to a tax professional will help you with potentially getting thousands of dollars in tax deductions.
This play is onstage live in Covington.
The Kitchen Witches
Playmakers Inc.
19106 Playmakers Rd
Covington, LA 70435
May 28 – June 12, 2022
Every Saturday 7pm and Sunday 2pm
Tickets: $20 all seats
Click Here for More Information.
Benefits proceed STARC of Louisiana and is held in Slidell.
STARC Art Night
Patton’s Caterers at Salmen-Fritchie House
127 Cleveland Ave
Slidell, LA 70458
May 26, 2022
5pm – 7pm
$15 for All-You-Can-Eat BBQ
Click Here for More Information!
