Illinois Land For Sale-Illinois Farms For Sale-Illinois Property For Sale

When you start searching to make investments in Illinois duck hunting land for sale, what are some of the important property characteristics you should concentrate on to develop that excellent waterfowl club? Ducks are critters of habit AND habitat! Illinois Land Company has place together the following suggestions & issues to ask when looking for your next waterfowl property. Water. This important factor is crucial in most areas for profitable duck hunting. Ducks like water. And you want to possibly have the capability to deliver them with that water, or have some long lasting water source on your land: i.e. a river, stream, lake etc. Most duck clubs get their water via pumping, either through a well or from a re-lift, or camelback pump. If the Illinois hunting land that you’re thinking about doesn’t already have the suggests to get water, then you’ll require to budget for more investment expenditures such as drilling a well & installing a submersible pump; or purchasing a pto driven pump and either a tractor or power unit to run it. Possibly circumstance will most likely run well into the tens of thousands of dollars. Relax. This is a characteristic that is generally times disregarded, yet is very crucial to good duck hunting. All waterfowl need a time and location to rest. Acquire a signal from the Arkansas Game & Fish Commission’s and the Missouri Department of Conservation’s waterfowl administration procedures, they both avoid hunting at all around mid-day on the the greater part of their specific public hunting areas. Still these public hunting lands proceed to supply some of the most effective duck hunting in the United States year in and year out, regardless of the fact that they’re also some of the trickiest hunted. Why? Due to the fact they have relax areas, they avoid hunting at mid day and they offer protect. As difficult as this is for a lot of land entrepreneurs to basically implement, it’s a need to if you want to have continually good duck club. Protect. Waterfowl like to “sense” secure, and cover allows them that “feeling”. Suggestions of good duck cover are: positioned corn or any uncut crop, uncut grass, cattails, willows, trees and brush, levees for wind flow breaks, etc. Cover can be tough and impassable, like solid woods or a cattail marsh, or benign, like a levee for a wind break. But the bottom level line here is, if you give the ducks some kind of cover, they’re very much more most likely to use your property. Food. This is one more obvious, yet important component for great duck hunting clubs. Most waterfowl hot spots presently have food, because they’re possibly a working farm (or have well recognized food plots). If this is a functioning farm, then who is going to farm it? If the response is NOT you, then you will need to talk to various farmers and determine out a way to rent it so that the farmer can make some money, and you can have some food items left for the ducks. Make certain you get a agreed upon lease if you’re reserving the farming out to somebody! I can inform you from expertise, ducks LOVE corn and rice. If the property is a wetland or marsh, then you can get with your regional NRCS agent to support give you assistance on how to appropriately handle your wetland. They’re professionals at this and they’re there to assist you.. Demand. Does the location get hunted heavily? Frequently from other hunting properties or public hunting areas? Irrespective, this can be a capture 22 if the area gets a lot of hunting pressure. On the single hand, if it does get hunted greatly, there’s a cause: there’s a lot birds that use that location. That indicates this spot is “IN THE FLYWAY”. That’s good! But on the other hand, that also means that you’re proceeding to be confronting pressured birds, which creates for some demanding hunts. As for me, I would instead the area be full of hunting clubs, because I know the ducks will be there when fall arrives. Funds Enhancements. Are there levees currently constructed? Are they in excellent shape? What about water lines and gates? Does the property or home come with products like tractors, pumps, boats, atv’s? How about blinds? These should all be regarded when buying a potential duck hunting property. Keep in mind, this is a labour intense investment. Measurement. This one is genuinely up to you to make a decision, but certainly, the larger sized your property is, the more difficult, and more expensive it will be to sustain. Imagine about who will be performing most of the leg work and how much support you can count on. I can reassure you, accurately keeping and managing any hunting property, but specifically a waterfowl hunting club, is A LOT OF BACK BREAKING WORK! So don’t bite off more than you can manage. Utilities & Accommodation. Does the residence have electricity? What about water, either from a non-urban drinking water or well? If it’s from a well you might consider getting it examined for water quality? Does the residence have a position for accommodations or to put a camper? How far are the closest hotels? Again, these are essential concerns. The last factor you’re going to want to do is generate an time to a hotel after operating all day in the warm and water with the snakes and several. If accommodations isn’t existing on the residence, maybe there’s an old village home nearby that you could rent? Or maybe there’s a cultivator nearby with water and power that will let you connect a camper?

Life In The “Land Of Lincoln”: Explore Illinois – Illinois Travel Information

Illinois is a myriad of sites and sounds, history and multiculturalism, all blended harmoniously into what is considered a perfect microcosm of the United States. The exploding diversity of the north and Chicagoland balances perfectly with the wilderness and historic sites of the south. The major financial, cultural and commercial hub of Illinois, Chicago, is situated on the Great Lake Michigan. The rest of the state is largely bordered by major waterways, including the Mississippi River to the west and the Ohio River to the south. Due to its geographic location, Illinois has blossomed over the centuries to become the unofficial capital of the Midwest region of the United States. Get a true taste of America’s Heartland when you book your airfare to Illinois’ Interior Plains. The Joy of Illinois: Chicago and Beyond When you plan your itinerary, remember that Illinois is divided into six distinct regions that all offer a different flavor of the Midwest and are best explored by automobile. Southern Illinois is not short of parks, recreation and open spaces. The Shawnee National Forest, expanding between the Ohio and the Mississippi Rivers, is a 270,000 acre wilderness wonderland, complete with rock climbing, horseback riding and observation towers. If you love wine, travel Illinois’ wine region in the south. The Shawnee Hills Wine Trail provides an excellent tour of five wineries that are easily accessible by car. Central Illinois is a notable mix of fantastic stops that will certainly round out your travel to Illinois. It also happens to be where President Abraham Lincoln’s former home and the state’s capital is located. In Springfield, take a stop at Looking for Lincoln, a collection of houses, buildings and countryside where the 16th president actually spent time. The Abraham Lincoln Presidential Library and Museum is also located in the heart of Springfield. You can also get your kicks in Central Illinois where the Historic Route 66 passes through the state. Along the way, stop at the Amish Interpretive Center for a glimpse into the life and history of the Old Order Amish community. The fun is certainly not over yet; convince the kids that Santa does exist by visiting Hardy’s Reindeer Ranch where real Alaskan reindeer roam the grounds! Chicagoland in Northern Illinois is another influential region. After you find cheap airfare to Illinois through O’Hare International Airport, you will find yourself in the true heart of the state. Stroll along the waterfront of Lake Michigan or enjoy world-class theater and dining. Chicago is the third most populous city in the United States and a historic center for America’s civil rights movements as well as the birth and growth of modern music, including jazz, blues and techno. Witness the cultural melting pot that is the United States on a smaller scale. From hiking and fishing to historic sites and cosmopolitan exploits, travel to Illinois is certainly an all in one adventure!

Illinois Insurance Continuing Education – All About Roth Ira’s

Effective January 1, 1998, most people can fund a Roth IRA. The maximum contribution is $2,000, as in a regular IRA, but a person cannot establish a Roth IRA if they show an adjusted gross income (AGI) of $110,000 (single) or $160,000 (married). If a regular IRA is rolled over into a Roth IRA, that money is not subject to the AGI calculation. Also, all income must be “earned income”, i.e. wages, tips, bonuses, commissions, etc.)

There are certain benefits to a Roth IRA, such as:

1.Earnings grow and compound tax-free (not tax-deferred).
2.A person does not have to withdraw at age 70 ½ (there are no limits).
3.Contributions can continue past age 70 – but it must be earned income.
4.If the Roth IRA is at least 5 years old and the owner is at least 59 ½, the growth and earnings are TAX-FREE!
5.There are exceptions to the 5-year and age 59 ½ rule, such as if the owner becomes disabled or dies, or a one-time maximum withdrawal of $10,000 is allowed.
6.Withdrawals of the principal are not taxed, even during the early years.
7.The proceeds of the Roth IRA will pass tax-free to heirs.

Whether a Roth IRA or a traditional IRA is best for the individual, much depends upon whether the individual can deduct the contributions of an IRA from their income taxes, and consideration must be made as to tax bracket, how long the money will be allowed to compound, etc. There really is not an easy answer, but practically it comes down to whether the individual (&/or spouse) needs the benefits of a traditional IRA each year when the tax forms are filed – in other words, the $2,000 per person deductible is important now, and if so, then the traditional IRA will do the job.

However, if only the growth for later years is important, then the Roth IRA has substantial advantages. However, the money each year that goes into the Roth IRA is taxed as ordinary income that year.

CONVERTING AN IRA TO A ROTH IRA

1.If one is considering rolling over a traditional IRA into a Roth IRA, they will have to pay income tax on the traditional IRA, but there is no tax penalty. Whether a person should convert would depend upon the individual’s tax bracket as in some cases it could trigger a rise to another tax bracket. Questions of this sort should be referred to a tax attorney or accountant.

ROTH vs ANNUITY

The major advantages of an annuity over a Roth IRA are that is that there is no limit as to how much can be invested into an annuity each year, and there is no maximum amount that can be invested.

The advantages of a Roth IRA are:

1.A Roth IRA can provide more investment opportunities, such as allowing investments into stocks, bonds, Real Estate Trusts, and, yes, even annuities.
2.There are no taxes when a withdrawal takes place, either by the owner or an heir. Remember, with an annuity only the principal can be withdrawn tax-free, and withdrawals of growth is taxed as ordinary income, and not as capital gains.
3.There is no “first time home owner” tax exemption with an annuity. A Roth IRA has a maximum of $10,000.

ANNUITY AND A ROTH?

At this point, it might appear that if a prospective client is leaning towards establishing a Roth IRA, the annuity salesperson should walk away. WHY? A Roth IRA (or a traditional IRA) is simply a tax vehicle to encourage people to save. Save in what? What is wrong with an annuity, for heaven’s sake?

If a person wants to be able to have a guarantee of a minimum interest rate on an investment, greater than that offered by a Bank’s CD, then the EIA is a great vehicle for a Roth IRA.

The advantages of using any annuity in a traditional IRA or a Roth IRA are outlined in various sections of this text. Remember that the IRA and the Roth IRA programs are specifically designed for those who are savings for retirement. And what is a better savings vehicle than an annuity?

Il Tax Increase: Is It Really That Bad?

What is there to say about the recent tax increase in Illinois that has not already been said? We have all heard the facts by now, right? The IL state income tax for individuals was raised 66%, from 3% of income to 5%. The corporate tax from corporations doing business in Illinois was raised from 4.8% to 7%. Yikes. Resulting from this breaking news earlier this month (outside of panic attacks suffered all over the Land of Lincoln) was neighboring governors putting out press releases trying to bait companies and individuals to neighboring states. Wisconsin’s Gov. Scott Walker referenced an old tourist motto when stating, “Escape to Wisconsin. Today we renew the call to Illinois businesses. You are welcome here” (we here at Root Realty appreciated the offer but kindly rejected). The city of Indianapolis placed three full page advertisements in Illinois newspapers hoping to entice IL business to relocate across the state line into Indiana. Mayor Greg Ballard, in an open letter to Illinois business leaders stated “…I invite you to take a serious look at Indianapolis…offering the same Midwestern work ethic and conveniences – but in a much more stable, affordable, and pro-growth economic environment.”

Before you pack your bags and move over to beautiful Indiana or Iowa, stop and take a moment to consider the recent tax hike from a broader perspective. Is it really that bad?

As stated earlier, for individuals with income in the state of Illinois, the state revenue tax was increased from 3% to 5%. However, due to President Obama’s recent 2% federal income tax cut on Social Security contributions, Illinois residents’ tax hike will be offset. Illinois will also have a smaller income tax than maybe surrounding states in the USA. About 30 states have income tax rates over 5% on middle-class workers, according to data from the Tax Foundation. In New York, an individual making $50,000 per year has a tax rate of 6.85%. In California, they pay 9.55%.

Companies simply crossing over the state line will not have a major benefit for their relocation either. The corporate tax affects all business conducted within the state of IL. If a company that owns a gas station in IL moves their corporate address to Indiana, they will still pay the IL corporate tax for sales within IL. With the city of Chicago containing over 3 million residents, do not expect businesses to ignore those consumers simply because of the tax hike. Let’s be realistic. It’s still Illinois and we still have Chicago, the third largest city in America. Governor Quinn was respectfully eloquent in his response to the neighboring states’ sales pitch: “Lots of luck to them, but that (rapid relocation)’s not going to happen…if we want to talk about the capital of the Midwest, the state that is the strongest is Illinois.” Amen.

Donate Your Car to Support Services for the Blind or Vision Impaired

The loss of vision is one of the worse things that can happen to a person. There are many charities that fund research and provide services to those with vision problems or blindness. This costs a great deal of money. There are some ways you can help provide the money for those services.
You can donate money, valuable items for sale or you can donate car you no longer need. Many vision charities accept and sell car donations to help raise money to assist those who are blind or visually impaired.
The American Foundation for the Blind is a highly respected charity that has a large car donation program. They provide services to some 25 million people with vision loss across the United States.
Another charity providing services to the blind you can donate your car to is Helen Keller International. They are one of the oldest charities and their mission is to prevent blindness and reduce malnutrition throughout the world. Helen Keller International enjoys an A rating from the American Institute of Philanthropy.
One of the biggest causes of vision loss among people older than 55 is macular degeneration. This disease affects over 10 million Americans. The American Macular Degeneration Foundation funds research into the prevention and treatment of macular degeneration. They also provide support for the families of those afflicted with it. They rely on the proceeds from the sale of car donations to fund their activities.
Neuromyelitis optica is a very rare disease that can affect the optic nerve and cause blindness. There are some treatments available but much more research is needed to find better treatments and a cure. The Guthy Jackson Charitable Foundation is dedicated to finding a cure and a treatment for this condition. You will help when you donate car you no longer use to them.
You can also help improve the lives of those who are blind in Illinois by donating a car to the National Federation of the Blind of Illinois. They continue to help people with vision impairment in Illinois to achieve independence.
The Connecticut Radio Information System is a radio reading service for people who because of vision loss, a learning disability or a physical handicap are not able to read printed material. They broadcast news and information featured in local newspapers and current magazines.
These charities all provide services to the blind and visually impaired and will all allow you to donate car whether it runs or not. Your car will be picked up for free too. And, they will sell your car for the most money possible. Many car donation charities sell all cars to the same place for a flat rate. These vision charities are different. They sell donated cars to a variety of outlets so that they will get the best price. This practice not only benefits them it also gives you the maximum tax deduction possible since it is based on the amount the charity sells your donated car for.

How To Create Bullet Proof Asset Protection With Your Real Estate Investment LLC ?

One of the downsides of being a real estate investor is your vulnerability to law suits for injuries that happen on your property. A study released by the Pacific Research Institute estimates that approximately 15 million civil lawsuits are filed each year in the U.S, which costs litigants over $250 billion. Of these suits, at least one-fifth are torts filed as the result of someone suffering injury or loss. While forming an LLC is an effective way to protect your personal assets, it must be done correctly if you want to be fully covered. Location is a major factor when setting up your LLC, because each state has its own statutes and laws. Hiring an experienced asset protection expert is an important step in making sure that your assets are bullet proof.
Single Member vs. Multiple Member LLC’s

Because of tax laws, some states are better than others to establish an LLC. Researching the parameters for asset protection within your state is a good place to begin the process of protecting your business. For example, Florida treats multiple member LLC’s differently than they do those with single members. In a 2010 case, the Supreme Court ruled that creditors can legally seize the company stock of a single member of an LLC in order to satisfy personal debt. Because the FTC transferred that individual’s interest from the company into its own name in order to satisfy a judgement, the other LLC members were not affected. Utah is another state with similar regulations and remedies in place.

While this particular example was specific to Florida, there are more states on the verge of adopting these laws. An LLC with multiple members is a safer way to protect your assets than a sole proprietor situation where the owner can potentially be seen as an alter ego for the company by the courts.
Be More Confident With Asset Protection

If you own a business property, you are legally liable for anything that happens on your premises, regardless of who is at fault. For instance, in 1997, the owner of bar in Illinois that had been the target of several break-ins, set electric booby traps on the inside of each window. Despite clearly placed signs warning trespassers of the anti-theft system, a man attempted to break in and was killed when he was electrocuted. After a long and stressful court case, it was ruled that the owner of the bar was liable for the burglar’s death and ended up being ordered to pay out over $70,000 to his family.

While the above case is on the extreme end of the tort range, it is a good example of the level of protection business owners need when it comes to their assets, regardless of circumstance. Investors with significant portfolios should look into a qualified asset protection when they establish their LLC. Because there have been a rash of asset protection scams on the market, you may have shied from such programs in the past; however, financial experts suggest that it is possible to ensure that you have chosen a good plan and a genuine one can be a valuable benefit. For instance, legitimate plans contain a threefold process, such as tax reduction strategies, estate planning and lawsuit protection, in addition to one-on-one support throughout the process. Beware of DIY kits that force you to do all of the work yourself. Asset protection plans should be unique to you and your business and a good company can make sure you are covered in areas that you might never think of on your own.
You Might Not Be As Covered As You Think

LLC’s are fairly new, having only existed in the United States since 1977 when Wyoming first recognized them as a corporate entity. Within the last 30+ years, the tax benefits and relative insulation from personal risk has made LLC’s the preferred business structure throughout the country, but this format is not bulletproof. Proper structure and an asset protection plan is the best way for you to protect and maximize everything you have built.

College Planning – What Needs To Be Done During A Divorce

Most couples with children have no structured college savings plans set up. This is even more so after divorce proceedings commence. There are so many complex issues to discuss that college planning for the children takes a back seat to everything else. Things such as, “We’ll work it out when the time comes” or “We’ll set something up after the divorce, when things calm down”. As a divorce mediator, I cringe inside when I hear couples utter these phrases. Even the most well intended couples don’t follow through with these statements. Chances are, if something structured isn’t worked out in the divorce agreement, there’s a good chance nothing will get done and there will be heated post-decree arguments, court dates and legal fees when it comes time to pay for college.

Whether your child is 6 months or 16 years old, plans need to be made now for their college education. Pushing these decisions to a later date is not in your children’s best interests now and especially later when they have no money for college. As part of any divorce involving children, family oriented divorce and financial professionals will make sure that some sort of plan is put together. They will help both of you to implement a plan that works for both of you and benefits your children the most.

One major question divorcing couples have when discussing college planning as part if their divorce is, “Where is the money going to come from to fund a college savings plan?” This is an excellent question without easy answers. Couples have to stretch their money very far during and after a divorce, and since money doesn’t usually grow on trees, funding is an issue.

As a divorce mediator working with families a majority of the time, I have a few suggestions as how to “find” the extra money needed for your children’s college planning. They are not surefire but simply a step in the right direction.

Claiming of the children – chances are that when you were married, you filed joint tax returns. Once you are divorced, you will file individual tax returns. Your income, tax bracket and who claims the children in a given year can have a decent sized positive impact on each of your individual tax returns, making your combined individual tax returns greater than you married combined ones. I suggest speaking with an accountant who is experienced in divorce and divorce law. The extra money you receive as individuals can go right into a college savings plan.

Donate Your Car to Support Services for the Blind or Vision Impaired

The loss of vision is one of the worse things that can happen to a person. There are many charities that fund research and provide services to those with vision problems or blindness. This costs a great deal of money. There are some ways you can help provide the money for those services.
You can donate money, valuable items for sale or you can donate car you no longer need. Many vision charities accept and sell car donations to help raise money to assist those who are blind or visually impaired.
The American Foundation for the Blind is a highly respected charity that has a large car donation program. They provide services to some 25 million people with vision loss across the United States.
Another charity providing services to the blind you can donate your car to is Helen Keller International. They are one of the oldest charities and their mission is to prevent blindness and reduce malnutrition throughout the world. Helen Keller International enjoys an A rating from the American Institute of Philanthropy.
One of the biggest causes of vision loss among people older than 55 is macular degeneration. This disease affects over 10 million Americans. The American Macular Degeneration Foundation funds research into the prevention and treatment of macular degeneration. They also provide support for the families of those afflicted with it. They rely on the proceeds from the sale of car donations to fund their activities.
Neuromyelitis optica is a very rare disease that can affect the optic nerve and cause blindness. There are some treatments available but much more research is needed to find better treatments and a cure. The Guthy Jackson Charitable Foundation is dedicated to finding a cure and a treatment for this condition. You will help when you donate car you no longer use to them.
You can also help improve the lives of those who are blind in Illinois by donating a car to the National Federation of the Blind of Illinois. They continue to help people with vision impairment in Illinois to achieve independence.