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Aiken Standard in Aiken, South Carolina

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Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

May 31, 1996

Page

15

Real Estate Transactions in Aiken County Registrar Office

A sampling of recent conveyances lists many lots and interests in subdivisions across Aiken County. Notable entries include Lot 13 Block A Fawkehurst at 36 180 and Lot 30 Blk A CNait North Townhouse at 17 101, plus interests in Atkinson Estates and River Bend. Prices range from 4 500 to 315 000 with several parcels described by subdivision and section.

Aiken County Registrar of Mesne Conveyance Gatewood Subdivision Russell Hill s/d Crosiana Park Sid Cnaiet Norih Fawkehurst Atkinson Estates College Acres River Bend Goose Platter Pleasant Pointe Woodside Carrottton Rcs

Renovations Provide Hope And Headaches

Aiken couple Jo Otto and Alecia Lee renovated a 1923 Laurens Street home from Charleston, investing in carpentry, plumbing, and landscaping. They faced leaks, rotten ceilings, and 60 amp service, but finished with 500 plants and preserved original fixtures. They advise that restoration costs and time double expectations but yield a much improved home.

Otto Alecia Lee Charleston Lees

Understanding capital improvements and transfer of labor value

Two-part rule: capital improvements are long-lived, costly additions that raise the cost basis. repairs or maintenance are small, short-lived expenditures. Your own labor is not included in remodeling costs for tax purposes, as you do not incur taxable income by doing the work.

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Also Mentioned on This Page

Bik A the Colony Clearwater Village Perry Reflections Houndslake Belvedere Ridge Aiken Estates Westmount Foxchase Crystal Lake Alecia Lee St Scott Websters Liz Kasner Mrs. Lee Hell Lee Aiken George Karvel Minnesota St. Cloud State University Saint Paul Cedar Creek Properties, Inc C. Ray Jackson Cedar Creek
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