Top 5 Reasons to hire Go With Galloway as your property management team:

1. Collection of Rent: Go With Galloway puts strict guidelines and due dates into the lease and then enforce these every step of the way to ensure you get paid.  Unfortunately not all tenants pay their rent on time, and this is one of the biggest reasons people who self manage their properties end up selling them, “I just got tired of chasing down rent payments.”  Let Nick and Wendy take the stress off of you and ensure you get paid on time!

2. Screening of Tenant: When it comes to having someone living inside your house, there is no part of the process more important than the screening process.  Go With Galloway has all the tools to ensure that whoever moves in clears their in-depth credit, criminal, and reference check process.

3. Repairs: It always seems that emergency repair calls come at the worst time, i.e, at 2am on Saturday morning when you are supposed to be vacationing in Sedona.  Go With Galloway is equipped 24-7 to handle these calls about repairs, and they work with some of the very best service men and women in the valley.  They do not charge extra fees for these service calls.  This means the price charged by the contractor for the service call is the price paid!

4. Rent Rates:  The Go With Galloway Property Management team prides itself on being aggressive to get you the highest rent, while being able to secure tenants quickly.  Nick and Wendy have the tools to perform an in-depth market analysis resulting in an understanding of where your home should be priced to achieve the most revenue while minimizing vacancies.

5. Your time is better spent elsewhere!:  Go With Galloway Property Management exists because there are thousands of people like you who don’t want to have their time consumed chasing after rent or researching the Landlord Tenant Act to see what you can and can’t do as a landlord.  Life is crazy enough taking care of your own family, finances, and work.  Let Nick and Wendy with Go With Galloway Property Management take care of your property and tenants to ensure you get paid,  and your property continues to retain its value.

Nick Galloway and Wendy McCroskey are both licensed Realtors in the state of AZ. To find out how they can help you manage your property please call them at 623-688-1434.

For Phoenix Area Property Management Today, Go With Galloway!!

For more information on 2611 W Rose Lane B11, Phoenix or to schedule a showing contact Nick and Wendy Galloway at 623.688.1434

To schedule an appointment to see 13393 W Tyler Trail or for more information about Vistancia homes for sale please contact Nick and Wendy Galloway at 623.688.1434.

This is a really exciting surprise for those little ones that just can’t wait for Santa to come visit their house. The letters are personally written by Go With Galloway with the information you provide about each child. The letters are then hand signed, by Santa of course and shipped out to be postmarked from the North Pole and then delivered to each child by mail.

Happy Holiday’s

Nick Galloway and Wendy Galloway

Provided by Nick and Wendy Galloway with Go With Galloway and Keller Williams Realty Professional Partners.  All entries must be entered by November 30th.

13287 W Tyler TRL Peoria, AZ 85383:  Stop the car for this beautiful Traditional Sale with an oversized backyard and desert/mountain views in the desirable master planned community of Vistancia! The community includes 2 pools, tennis courts, indoor basketball court, and multiple entertaining venues with plenty of organized activities for kids and adults! The home is walking distance to Lake Pleasant Elementary, park, and community trails. Stainless steel appliances, granite, reverse osmosis, and water softener. Large kitchen island overlooks the fantastic Great Room floorplan with a huge living area. Study can be made into 4th bedroom. Spacious loft area upstairs has plenty of room for entertaining. 2 inch blinds throughout. Great condition and neutral colors make this home move-in ready!

13393 W Tyler TRL Peoria, AZ 85383: Beautiful 1 Story Traditional Sale and 3 Car Garage!! Split Bedrooms, Large Master with private exit to the backyard where you will see beautiful Mountain Views. Enjoy this large island kitchen with upgraded cabinets, granite countertops and an eat in kitchen that opens to the family room. Immaculate home with soaring ceilings that is move in ready.

Call Nick or Wendy at 623-688-1434 or email wendy@gowithgalloway.com for details!

Top 5 Reasons to hire Go With Galloway as your property management team:

1. Collection of Rent: Go With Galloway puts strict guidelines and due dates into the lease and then enforce these every step of the way to ensure you get paid.  Unfortunately not all tenants pay their rent on time, and this is one of the biggest reasons people who self manage their properties end up selling them, “I just got tired of chasing down rent payments.”  Let Nick and Wendy take the stress off of you and ensure you get paid on time!

2. Screening of Tenant: When it comes to having someone living inside your house, there is no part of the process more important than the screening process.  Go With Galloway has all the tools to ensure that whoever moves in clears their in-depth credit, criminal, and reference check process.

3. Repairs: It always seems that emergency repair calls come at the worst time, i.e, at 2am on Saturday morning when you are supposed to be vacationing in Sedona.  Go With Galloway is equipped 24-7 to handle these calls about repairs, and they work with some of the very best service men and women in the valley.  They do not charge extra fees for these service calls.  This means the price charged by the contractor for the service call is the price paid!

4. Rent Rates:  The Go With Galloway Property Management team prides itself on being aggressive to get you the highest rent, while being able to secure tenants quickly.  Nick and Wendy have the tools to perform an in-depth market analysis resulting in an understanding of where your home should be priced to achieve the most revenue while minimizing vacancies.

5. Your time is better spent elsewhere!:  Go With Galloway Property Management exists because there are thousands of people like you who don’t want to have their time consumed chasing after rent or researching the Landlord Tenant Act to see what you can and can’t do as a landlord.  Life is crazy enough taking care of your own family, finances, and work.  Let Nick and Wendy with Go With Galloway Property Management take care of your property and tenants to ensure you get paid,  and your property continues to retain its value.

Nick Galloway and Wendy McCroskey are both licensed Realtors in the state of AZ. To find out how they can help you buy, sell, rent out, or manage your property please call them at 623-202-3191.

For Phoenix Area Real Estate and Property Management Today, Go With Galloway!!

Have you heard rumors of a new Real Estate Tax?

Here are the Top Ten Things You Need to Know About the 3.8% Tax

Go With Galloway has been receiving emails from clients, friends and family asking about the 3.8% tax on real estate that was passed with the Health Care Bill that goes into effect in 2013.  Since they are asking the question Nick and Wendy thought you might have the same questions.  What is the 3.8% on real estate?  Will you have to pay taxes when you sell?  Well here are some points that might be helpful in answering those questions.

1) When you add up all of your income from every possible source, and that total is less than $200,000 ($250,000 on a joint tax return), you will NOT be subject to this tax.

2) The 3.8% tax will NEVER be collected as a transfer tax on real estate of any type, so you’ll NEVER pay this tax at the time that you purchase a home or other investment property.

3) You’ll NEVER pay this tax at settlement when you sell your home or investment property. Any capital gain you realize at settlement is just one component of that year’s gross income.

4) If you sell your principal residence, you will still receive the full benefit of the $250,000 (single tax return)/$500,000 (married filing joint tax return) exclusion on the sale of that home. If your capital gain is greater than these amounts, then you will include any gain above these amounts as income on your Form 1040 tax return. Even then, if your total income (including this taxable portion of gain on your residence) is less than the $200,000/$250,000 amounts, you will NOT pay this tax. If your total income is more than these amounts, a formula will protect some portion of your investment.

5) The tax applies to other types of investment income, not just real estate. If your income is more than the $200,000/$250,000 amount, then the tax formula will be applied to capital gains, interest income, dividend income and net rents (i.e., rents after expenses).

6) The tax goes into effect in 2013. If you have investment income in 2013, you won’t pay the 3.8% tax until you file your 2013 Form 1040 tax return in 2014. The 3.8% tax for any later year will be paid in the following calendar year when the tax returns are filed.

7) In any particular year, if you have NO income from capital gains, rents, interest or dividends, you’ll NEVER pay this tax, even if you have millions of dollars of other types of income.

8) The formula that determines the amount of 3.8% tax due will ALWAYS protect $200,000 ($250,000 on a joint return) of your income from any burden of the 3.8% tax. For example, if you are single and have a total of $201,000 income, the 3.8% tax would NEVER be imposed on more than $1000.

9) It’s true that investment income from rents on an investment property could be subject to the 3.8% tax. BUT: The only rental income that would be included in your gross income and therefore possibly subject to the tax is net rental income: gross rents minus expenses like depreciation, interest, property tax, maintenance and utilities.

10) The tax was enacted along with the health care legislation in 2010. It was added to the package just hours before the final vote and without review. NAR strongly opposed the tax at the time, and remains hopeful that it will not go into effect. The tax will no doubt be debated during the upcoming tax reform debates in 2013.

If you have any questions on this or the local real estate market please call Nick and Wendy and they will be happy to help.  623.688.1434 *Information provided by the National Associate of Realtors

Stop the car for this beautiful Traditional Sale with an oversized backyard and desert/mountain views in the desirable master planned community of Vistancia AZ! The community includes 2 pools, tennis courts, indoor basketball court, and multiple entertaining venues with plenty of organized activities for kids and adults! The home is walking distance to Lake Pleasant Elementary, park, and community trails. Stainless steel appliances, granite, reverse osmosis, and water softener. Large kitchen island overlooks the fantastic Great Room floorplan with a huge living area. Study can be made into 4th bedroom. Spacious loft area upstairs has plenty of room for entertaining. 2 inch blinds throughout. Great condition and neutral colors make this home move-in ready!  Call Nick and Wendy at 623-688-1434 for details or to schedule a showing!