Inverness Lifestyle

Inverness

March | April 2014

Your Inverness Real Estate Specialist Cell: 210.710.8327 jdym@kw.com www.JoshDym.com 10 Dominion Drive San Antonio, TX 78257

Featured Listing | Bentley Manor Estate | 4 Beds | 4/2 Baths | 5,082 Sq. Ft. | Pool/Spa | $1,175,000

Integrity • Responsiveness • Commitment Whether you are buying or building a home, you will experience service at its finest. We offer a wide range of competitive products, including various jumbo loan options. Our mortgage specialists can help you find the product that meets your unique needs.

For personal service, in-house underwriting and processing, please contact:

Todd M. Schneider

REAL ESTATE ACTIVIT Y IN INVERNESS Address

Sq. Ft.

Days on Market

List Price

Price per Sq. Ft.

CURRENTLY FOR SALE 131 Turnberry Way

5,777

13

$1,990,000 $344.46

RECENTLY SOLD 9 Tilbury Lane 5,412 44 $1,100,000 $203.25 27 Tilbury Lane 5,519 94 $1,200,000 $217.43 9 Inverness Blvd 4,154 281 $1,350,000 $324.98

NMLS# 812337

371 North Main Street Boerne, TX 78006 (830) 816-6305 tschneider@jeffersonbank.com

4th Generation of San Antonio Real Estate Expertise

Elaborate Table Settings Step Up To The Plate

jeffersonbank.com/mortgages

The Tax Man Cometh Strategies To Reduce Your Tax Burden

Nannette Gagne Escrow Officer 210.698.0924 Office 210.838.4007 Mobile

Nannette.Gagne@AlamoTitle.com

WANT YOUR PROPERTY TO BE OUR NEXT COVER HOME? Call Josh for the most effective marketing to sell your Inverness property.

Information is deemed reliable but not guaranteed. Properties on this list have been listed/sold by various participants in the MLS. If your home is currently listed, this is not a solicitation for that listing.

Produced by UpscaleRealEstateMarketing.com • 877.660.0996

Ride The Wave

Arcade’s Lobster Soft Taco

Inverness Real Estate Report Presented By Joshua C. Dym

In Good Taste

Event Calendar

Arcade Midtown Kitchen 210.369.9664 | www.arcademk.com

MARCH | APRIL 2014

LOBSTER SOFT TACO WITH LIGHT POBLANO CREAM WITH ROASTED CORN SALSA Setting the stage for a spring fete for friends and family? Whether it’s Easter, Passover, or simply a gourmet spring fling, set your table with flair this season. Jot down these ideas to make your meal the most memorable of the spring party season.

First, you’ll need to choose a color scheme. Spring’s trendiest hues this year include tranquil sky blues, vintage purples, and minty greens, often paired with contrasting pinky reds, vibrant yellows, and energetic spicy oranges. Neutral tans and subtle, elegant grays also play their part in the most elegant table settings of the season. Choose one or two soothing hues for a tranquil Easter brunch, or pick two opposing hues for an up-to-the-minute spring dinner party.

After you choose your hues, flowers are the next element of your table setting, and often the most fun to select. What type? What size? What vases? How many on the table? For an elegant look, pair soothing blue hydrangeas with bright purple tulips for a punch of spring color. Or get a tropical look by mixing bright yellow and orange blooms together with a softer more elegant gray or white. This will surely bring the look of sunshine to your table.

When selecting a vase, go elegant and subdued— think silver, white, or gold—if your flowers are bright

LIGHT POBLANO CREAM 4 poblanos, roasted and diced 2 shallots, sliced 3 garlic cloves, chopped 1 c. pumpkin seeds, toasted 1 qt. half and half 1 qt. heavy cream 2 cilantro bunches, chopped 3 c. spinach leaves 1 tbsp. lime zest 1/4 c. lime juice 1 tbsp. salt ROASTED CORN SALSA 4 fresh corn ears, fire roasted, cut kernels off cob 2 roasted poblano, small diced 2 roasted red bell pepper, small diced 1/4 c. cilantro, chopped 1 tsp. toasted ground comino 1 tbsp. toasted ground coriander 1 tbsp. fresh lime juice 2 tbsp. extra virgin olive oil Salt to taste LOBSTER MEAT AND SWEET POTATO MIX 16 oz. lobster meat, chopped 1 shallot, sliced 1 garlic clove, chopped 1 c. sweet potato, lightly roasted 4 oz. Monterey pepper jack cheese, cubed 1 jalapeño, minced 1/4 c. cilantro, finely chopped 4 oz. heavy cream LIGHT POBLANO CREAM In medium saucepan, sauté shallots and garlic until light in color. Add poblanos, and continue to cook for 1-2 minutes.

Add pumpkin seeds, salt, half and half, and heavy cream. Bring to a light boil and then down to simmer until lightly thickened.

Place in blender and puree on high, adding cilantro and spinach. Add lime zest and juice and taste for seasoning. Strain through fine hole sieve to finish.

ROASTED CORN SALSA Mix all ingredients together and season well.

LOBSTER MEAT AND SWEET POTATO MIX In a small sauté pan, add a touch of blended oil, lightly sauté shallot, garlic, and sweet potato to soften and bring to a translucent state. Add lobster meat and cheese, continuing to cook for 1-2 minutes until cheese melts. Add jalapenos, cream, and cilantro. Season to taste with salt and keep warm.

TO ASSEMBLE THE LOBSTER TACO Place a flour tortilla onto a heated non-stick pan or griddle to warm for a few seconds. Place warmed tortilla on to a work surface and spoon about 3 oz. of the lobster filling on tortilla.

Roll the lobster filled tortilla as you would a sushi roll with seam facing down. Place lobster soft taco on plate, ladle poblano cream over taco, and garnish with corn relish. Finish with some sour cream and cilantro leaves for presentation.

The Tax Man Cometh...

Is a refund on the horizon for you? Not many of us look forward to April 15—most commonly referred to as “Tax Day”. Several new tax laws took effect in 2013 that may impact your tax bill when you file your 2013 federal income taxes.

For those with taxable incomes of more than $450,000, the top statutory income tax rate on ordinary income has increased from 35% to 39.6% and the top statutory tax rate on long-term capital gains and qualified dividends has increased from 15% to 20%.

Because of this, income deferral strategies and investments that generate tax-free income have become even more valuable.

Let’s look at a few strategies that could help reduce your tax burden. As with all tax strategies, please consult a tax professional for advice regarding your particular situation.

1031 LIKE-KIND EXCHANGES: A 1031 exchange is a swap of one business or investment asset for another. A 1031 is not restricted to real estate, but that is what gets the most discussion. The 1031 exchange allows you to change the form of your investment without cashing out and recognizing a taxable capital gain. Therefore, your investment continues to grow tax deferred. For example, you can continue to roll over the gain from one piece of investment real estate to another—there is no limit on how many times you can do a 1031 exchange. Income taxes are avoided until you sell for cash.

Advice from a tax professional is crucial because there are specific rules you must be aware of.

TAX-DEFERRED ANNUITIES: Tax-deferred annuities can be valuable if you have exhausted other forms of tax-favored retirement savings, such as 401(k)s and IRAs. Invest a lump sum into the annuity and let it compound tax free for a long time—usually a decade or longer. When you do pull the money out, the profits are taxable as ordinary income.

LONG-TERM GROWTH SECURITIES: This is an investing concept where a security will appreciate in value for a relatively long period of time. Securities held for more than one year are taxed at a lower, long-term capital gains tax rate.

QUALIFYING INSTALLMENTS SALES: An installment sale is a sale of property where you receive at least one payment after the tax year of the sale. Installment sales can be a valuable tool to help sellers defer tax. But there is risk involved since the buyer may default on a future payment.

TAX-EXEMPT MUNICIPAL BONDS: Municipal bonds are issued by states, cities, and counties to raise funds. Interest income from holders of municipal bonds is often exempt from federal income tax and may also be exempt from state income tax.

and eye-catching. If the floral arrangement is more subtle, look for a bright, fun vase to show them off.

For an average size dining table, one substantial arrangement may be enough, but several smaller arrangements scattered down the center of the table is even more elegant and can be enjoyed by all your dining companions no matter where they are seated. While you’re thinking flowers, place a few arrangements throughout your home, say in the entryway, and in your living room to greet guests as they enjoy visiting your abode.

When selecting china and table linens, it’s best to make sure either one or the other is a neutral color.

Vibrant orange placemats and linen napkins will pair deliciously with pure white china and dazzling crystal and sparkling silverware, for example. Or look for bright, trendy china in say purple or green hues and pair these with classic white or gray linens for a very modern and current look. Patterned placemats, napkins, even napkin rings in your color scheme can elevate the look of your table setting in seconds flat.

The icing on the cake? Sparkling crystal wine and water glasses and gleaming silverware are the finishing touches that will set the stage for a spring affair to remember. Bon appétit!

Wicked Majestic Theatre | March 12-30 210.226.3333 | MajesticEmpire.com Long before that girl from Kansas arrives in Munchkinland, two girls meet in the land of Oz. One - born with emerald green skin - is smart, fiery and misunderstood. The other is beautiful, ambitious and very popular. How these two grow to become the Wicked Witch of the West and Glinda the Good makes for “the most complete - and completely satisfying - new musical in a long time.” (USA Today) Vision Walk | A Cure Is In Sight City of Olmos Park | March 22 972.378.3555 | FightBlindness.org Join hundreds in the fight against blindness at the San Antonio Austin Vision Walk, the national signature fundraising event of the Foundation Fighting Blindness. Since 2006, the program has raised more than $28 million to fund sight-saving research for retinal diseases including retinitis pigmentosa, macular degeneration, and Usher syndrome, which collectively affect more than 10 million Americans.

San Antonio Road Runners Fun Run McAllister Park Pavillion #1 | April 5 210.822.2800 | SARoadRunners.com Recommended for beginning runners of all ages, experienced runners who want to improve their race pace, and scholastic track and cross-country team runners. Water and sports drink will be provided at the Pavilion between events and on the Three-Mile Course.

Motionhouse Dance Theatre Jo Long Theatre, Carver Cultural Center| April 9 210.226.2891 | ArtsSA.org Founded in the UK in 1988, Motionhouse creates startling, passionate dance theatre. The productions are designed to challenge as well as delight audiences as they fuse images with action and dynamism. The performances are rooted in dance but draw on theatre, circus, acrobatics and film to create works that make you think and feel.

Fiesta San Antonio Throughout the City | April 10-27 210.227.5191 | Fiesta-SA.org Fiesta® San Antonio started in 1891 as a one-parade event. It evolved into one of this nation’s premier festivals, with an economic impact of more than $284 million for the Alamo City. Fiesta® is the Party with a Purpose. The funds raised by official Fiesta® events provide services to San Antonio citizens throughout the year. So you could say that Fiesta® never ends!

In Good Taste

Event Calendar

Arcade Midtown Kitchen 210.369.9664 | www.arcademk.com

MARCH | APRIL 2014

LOBSTER SOFT TACO WITH LIGHT POBLANO CREAM WITH ROASTED CORN SALSA Setting the stage for a spring fete for friends and family? Whether it’s Easter, Passover, or simply a gourmet spring fling, set your table with flair this season. Jot down these ideas to make your meal the most memorable of the spring party season.

First, you’ll need to choose a color scheme. Spring’s trendiest hues this year include tranquil sky blues, vintage purples, and minty greens, often paired with contrasting pinky reds, vibrant yellows, and energetic spicy oranges. Neutral tans and subtle, elegant grays also play their part in the most elegant table settings of the season. Choose one or two soothing hues for a tranquil Easter brunch, or pick two opposing hues for an up-to-the-minute spring dinner party.

After you choose your hues, flowers are the next element of your table setting, and often the most fun to select. What type? What size? What vases? How many on the table? For an elegant look, pair soothing blue hydrangeas with bright purple tulips for a punch of spring color. Or get a tropical look by mixing bright yellow and orange blooms together with a softer more elegant gray or white. This will surely bring the look of sunshine to your table.

When selecting a vase, go elegant and subdued— think silver, white, or gold—if your flowers are bright

LIGHT POBLANO CREAM 4 poblanos, roasted and diced 2 shallots, sliced 3 garlic cloves, chopped 1 c. pumpkin seeds, toasted 1 qt. half and half 1 qt. heavy cream 2 cilantro bunches, chopped 3 c. spinach leaves 1 tbsp. lime zest 1/4 c. lime juice 1 tbsp. salt ROASTED CORN SALSA 4 fresh corn ears, fire roasted, cut kernels off cob 2 roasted poblano, small diced 2 roasted red bell pepper, small diced 1/4 c. cilantro, chopped 1 tsp. toasted ground comino 1 tbsp. toasted ground coriander 1 tbsp. fresh lime juice 2 tbsp. extra virgin olive oil Salt to taste LOBSTER MEAT AND SWEET POTATO MIX 16 oz. lobster meat, chopped 1 shallot, sliced 1 garlic clove, chopped 1 c. sweet potato, lightly roasted 4 oz. Monterey pepper jack cheese, cubed 1 jalapeño, minced 1/4 c. cilantro, finely chopped 4 oz. heavy cream LIGHT POBLANO CREAM In medium saucepan, sauté shallots and garlic until light in color. Add poblanos, and continue to cook for 1-2 minutes.

Add pumpkin seeds, salt, half and half, and heavy cream. Bring to a light boil and then down to simmer until lightly thickened.

Place in blender and puree on high, adding cilantro and spinach. Add lime zest and juice and taste for seasoning. Strain through fine hole sieve to finish.

ROASTED CORN SALSA Mix all ingredients together and season well.

LOBSTER MEAT AND SWEET POTATO MIX In a small sauté pan, add a touch of blended oil, lightly sauté shallot, garlic, and sweet potato to soften and bring to a translucent state. Add lobster meat and cheese, continuing to cook for 1-2 minutes until cheese melts. Add jalapenos, cream, and cilantro. Season to taste with salt and keep warm.

TO ASSEMBLE THE LOBSTER TACO Place a flour tortilla onto a heated non-stick pan or griddle to warm for a few seconds. Place warmed tortilla on to a work surface and spoon about 3 oz. of the lobster filling on tortilla.

Roll the lobster filled tortilla as you would a sushi roll with seam facing down. Place lobster soft taco on plate, ladle poblano cream over taco, and garnish with corn relish. Finish with some sour cream and cilantro leaves for presentation.

The Tax Man Cometh...

Is a refund on the horizon for you? Not many of us look forward to April 15—most commonly referred to as “Tax Day”. Several new tax laws took effect in 2013 that may impact your tax bill when you file your 2013 federal income taxes.

For those with taxable incomes of more than $450,000, the top statutory income tax rate on ordinary income has increased from 35% to 39.6% and the top statutory tax rate on long-term capital gains and qualified dividends has increased from 15% to 20%.

Because of this, income deferral strategies and investments that generate tax-free income have become even more valuable.

Let’s look at a few strategies that could help reduce your tax burden. As with all tax strategies, please consult a tax professional for advice regarding your particular situation.

1031 LIKE-KIND EXCHANGES: A 1031 exchange is a swap of one business or investment asset for another. A 1031 is not restricted to real estate, but that is what gets the most discussion. The 1031 exchange allows you to change the form of your investment without cashing out and recognizing a taxable capital gain. Therefore, your investment continues to grow tax deferred. For example, you can continue to roll over the gain from one piece of investment real estate to another—there is no limit on how many times you can do a 1031 exchange. Income taxes are avoided until you sell for cash.

Advice from a tax professional is crucial because there are specific rules you must be aware of.

TAX-DEFERRED ANNUITIES: Tax-deferred annuities can be valuable if you have exhausted other forms of tax-favored retirement savings, such as 401(k)s and IRAs. Invest a lump sum into the annuity and let it compound tax free for a long time—usually a decade or longer. When you do pull the money out, the profits are taxable as ordinary income.

LONG-TERM GROWTH SECURITIES: This is an investing concept where a security will appreciate in value for a relatively long period of time. Securities held for more than one year are taxed at a lower, long-term capital gains tax rate.

QUALIFYING INSTALLMENTS SALES: An installment sale is a sale of property where you receive at least one payment after the tax year of the sale. Installment sales can be a valuable tool to help sellers defer tax. But there is risk involved since the buyer may default on a future payment.

TAX-EXEMPT MUNICIPAL BONDS: Municipal bonds are issued by states, cities, and counties to raise funds. Interest income from holders of municipal bonds is often exempt from federal income tax and may also be exempt from state income tax.

and eye-catching. If the floral arrangement is more subtle, look for a bright, fun vase to show them off.

For an average size dining table, one substantial arrangement may be enough, but several smaller arrangements scattered down the center of the table is even more elegant and can be enjoyed by all your dining companions no matter where they are seated. While you’re thinking flowers, place a few arrangements throughout your home, say in the entryway, and in your living room to greet guests as they enjoy visiting your abode.

When selecting china and table linens, it’s best to make sure either one or the other is a neutral color.

Vibrant orange placemats and linen napkins will pair deliciously with pure white china and dazzling crystal and sparkling silverware, for example. Or look for bright, trendy china in say purple or green hues and pair these with classic white or gray linens for a very modern and current look. Patterned placemats, napkins, even napkin rings in your color scheme can elevate the look of your table setting in seconds flat.

The icing on the cake? Sparkling crystal wine and water glasses and gleaming silverware are the finishing touches that will set the stage for a spring affair to remember. Bon appétit!

Wicked Majestic Theatre | March 12-30 210.226.3333 | MajesticEmpire.com Long before that girl from Kansas arrives in Munchkinland, two girls meet in the land of Oz. One - born with emerald green skin - is smart, fiery and misunderstood. The other is beautiful, ambitious and very popular. How these two grow to become the Wicked Witch of the West and Glinda the Good makes for “the most complete - and completely satisfying - new musical in a long time.” (USA Today) Vision Walk | A Cure Is In Sight City of Olmos Park | March 22 972.378.3555 | FightBlindness.org Join hundreds in the fight against blindness at the San Antonio Austin Vision Walk, the national signature fundraising event of the Foundation Fighting Blindness. Since 2006, the program has raised more than $28 million to fund sight-saving research for retinal diseases including retinitis pigmentosa, macular degeneration, and Usher syndrome, which collectively affect more than 10 million Americans.

San Antonio Road Runners Fun Run McAllister Park Pavillion #1 | April 5 210.822.2800 | SARoadRunners.com Recommended for beginning runners of all ages, experienced runners who want to improve their race pace, and scholastic track and cross-country team runners. Water and sports drink will be provided at the Pavilion between events and on the Three-Mile Course.

Motionhouse Dance Theatre Jo Long Theatre, Carver Cultural Center| April 9 210.226.2891 | ArtsSA.org Founded in the UK in 1988, Motionhouse creates startling, passionate dance theatre. The productions are designed to challenge as well as delight audiences as they fuse images with action and dynamism. The performances are rooted in dance but draw on theatre, circus, acrobatics and film to create works that make you think and feel.

Fiesta San Antonio Throughout the City | April 10-27 210.227.5191 | Fiesta-SA.org Fiesta® San Antonio started in 1891 as a one-parade event. It evolved into one of this nation’s premier festivals, with an economic impact of more than $284 million for the Alamo City. Fiesta® is the Party with a Purpose. The funds raised by official Fiesta® events provide services to San Antonio citizens throughout the year. So you could say that Fiesta® never ends!

Inverness

March | April 2014

Your Inverness Real Estate Specialist Cell: 210.710.8327 jdym@kw.com www.JoshDym.com 10 Dominion Drive San Antonio, TX 78257

Featured Listing | Bentley Manor Estate | 4 Beds | 4/2 Baths | 5,082 Sq. Ft. | Pool/Spa | $1,175,000

Integrity • Responsiveness • Commitment Whether you are buying or building a home, you will experience service at its finest. We offer a wide range of competitive products, including various jumbo loan options. Our mortgage specialists can help you find the product that meets your unique needs.

For personal service, in-house underwriting and processing, please contact:

Todd M. Schneider

REAL ESTATE ACTIVIT Y IN INVERNESS Address

Sq. Ft.

Days on Market

List Price

Price per Sq. Ft.

CURRENTLY FOR SALE 131 Turnberry Way

5,777

13

$1,990,000 $344.46

RECENTLY SOLD 9 Tilbury Lane 5,412 44 $1,100,000 $203.25 27 Tilbury Lane 5,519 94 $1,200,000 $217.43 9 Inverness Blvd 4,154 281 $1,350,000 $324.98

NMLS# 812337

371 North Main Street Boerne, TX 78006 (830) 816-6305 tschneider@jeffersonbank.com

4th Generation of San Antonio Real Estate Expertise

Elaborate Table Settings Step Up To The Plate

jeffersonbank.com/mortgages

The Tax Man Cometh Strategies To Reduce Your Tax Burden

Nannette Gagne Escrow Officer 210.698.0924 Office 210.838.4007 Mobile

Nannette.Gagne@AlamoTitle.com

WANT YOUR PROPERTY TO BE OUR NEXT COVER HOME? Call Josh for the most effective marketing to sell your Inverness property.

Information is deemed reliable but not guaranteed. Properties on this list have been listed/sold by various participants in the MLS. If your home is currently listed, this is not a solicitation for that listing.

Produced by UpscaleRealEstateMarketing.com • 877.660.0996

Ride The Wave

Arcade’s Lobster Soft Taco

Inverness Real Estate Report Presented By Joshua C. Dym