Sloane Realty has several property opportunities available in the wonderful quiet beach town of Sunset Beach. With real estate available from oceanfront to mainland, Sloane Realty’s experienced realtor staff offers plenty of options for your new home rather it be a permanent residence or a vacation get-away.

Ocean Isle Beach is home to many great new communities that are each distinctively unique. These new communities boast several great amenities including golf courses, pools, and nature trails which promote residents to enjoy an active lifestyle.

Vacation season is here and it is getting harder to do the routine. Pack the lunches, rush to work, get the kids to practice and don’t forget the load of laundry that just won’t fold itself. So you think ahead to the precious week or two at the beach when life slows down, you can finish a conversation and take time to do nothing more than spend an hour watching the tide change.

It’s a softer life here on the shores of Brunswick County.  Your stay doesn’t have to be just a week or two.

With your own affordable vacation home in Ocean Isle or Holden Beach, you can get away for a few days, sneak a week, or spend the December holidays under a blue Carolina sky that heals the soul.

Sloane Realty will work with nearly any budget. The best incentive is that your beach vacation investment will hold its value all the way into retirement.

Whether you want to fish, boat, play golf on championship courses, explore or sit back and watch the tides come and go. There’s a lifestyle here to suit any interest.

For over 50 years, Sloane Realty has been the #1 leader in residential real estate and vacation rentals in Brunswick County.

The majority of Americans who rent do not have renters’ insurance. This has always been a wonder to us other than the fact that people may be mistaken that renters’ insurance is expensive. The owner of the Ocean Isle Beach rental property that you’re renting has insurance to recover damages to the property not your belongings. Renters’ insurance is cheap because it only covers your belongs and provide liability coverage. Renters insurance can be acquired for as low as $15 per month depending on the value of coverage and your location.

Renters’ insurance covers losses due to theft, fire, smoke, wind, vandalism, electricity, explosions, and water damages from plumbing. The insurance also provides liability if guests are injured in your Ocean Isle Beach NC rental and hold you responsible. Some policies will also cover extra cost associated with additional living cost if your rental property is damaged or being repaired.

However, renters’ insurance does not cover your automobile and damages resulting from floods and earthquakes. Separate policies can be purchased to cover these areas.

Include all of the income that your receive from the use of the property. This includes money received by tenants for utilities which may also be considered a rental deductable. Lease cancellation payments as well as fair market value of services or property received in place of money are considered rental income. Income does not include security deposit if returned.

Depending if you are a cash basis taxpayer or use an accrual method will define which year to record the income. If you’re a cash basis taxpayer record the income in the year of which you receive them. This also implies if you receive income in advance; record it to the year received not the year in which it applies. Expenses of the rental property can be deducted and are record in the year that you pay them not the year that they occurred. If you use an accrual method you’ll do just the opposite of a cash basis taxpayer. In this method you record the income in the year that it is earned. For example, if your tenant gives you money for January’s rent on December 2006 then the income would be recorded on your 2007 taxes. This applies for the expenses as well. If the water bill for December 2006 was paid in January 2007 they should be recorded in 2006.

Expenses include:

• Depreciation
• Utilities
• Managing, Conserving, or Maintaining of the property while it is not being rented
• Advertising
• Rental Payments if your lease the property from someone
• Rental of Equipment for property use
• Utilities
• Insurance
• Taxes
• Interest
• Commissions
• Tax return preparation fees
• Travel expenses
• Local transportation expenses

Expenses do not include Improvements but they may be recovered in depreciation expenses. Check out IRS.Gov for more information on Ocean Isle Beach Rentals & Sunset Beach Rentals tax information.

Making the decision to rent or buy can be a tough one. There are benefits to both depending on the market, your financial position and needs.

Here are some issues to consider:

• The down payment for Ocean Isle Beach real estate and closing costs are likely to exceed any initial cash outlays associated with renting.
• Owning real estate also tends to cost more than renting and can tie up money that could be invested in other more lucrative options.
• Costs associated with Ocean Isle Beach NC rentals tend to be fixed where as home maintenance and repairs can create unexpected costs associated with ownership.
• All repairs, maintenance, and some utilities are absorbed by a landlord when renting but with buying fall upon the owner.
• In addition to mortgage payments, owning a home incurs other costs such as insurance, repairs, property taxes and mortgage payments.
• Owning a home allows you to customize it and provides one with a peace of mind.

Before deciding to purchase Ocean Isle Beach real estate you should use a Rent versus Buy calculator to help you determine which option will be more beneficial to you. These calculators can be found on the New York Times website or through a search engine.

When accessing the cost/benefit of purchasing there are a number of components to consider. These include the ability to build equity, tax breaks, and the investment factor. Real estate builds equity. This equity builds as the mortgage is paid off. This equity builds value that you can convert to cash if needed. However, mortgage payments for the first few years may only cover interest and will not add to the equity of a home. Mortgage interest and property tax are both deductible versus money spent on rent which is not. As for the investment, real estate can appreciate in value, build equity and upon selling these profits can be realized.

Holden Beach and Ocean Isle Beach are neighboring communities on the southeastern coast of North Carolina. Wilmington, NC lies 45 minutes north of the islands and Myrtle beach, SC is 45 minutes south of the area.

This area is one of the state’s best kept secrets. These communities have remained quiet, family orientated islands with southern charm and welcome. The summer months bring small crowds but it remains un-crowded and quiet for the majority of the seasons.

One of area’s claim to fame is their unique layout. Both Holden Beach and Ocean Isle Beach run west to east. You can view the sun emerging from the ocean in the morning. The sun then proceeds to follow the beach all day until returning back into the ocean as evening arrives. This is a lovely sight that few east coast beaches can provide.

The islands’ experience a mild, subtropical climate. Holden Beach and Ocean Isle Beach have warm summers and mild, short winters. The ocean temperatures rise into the 80s through the course of the year.

The area’s location and climate provide great year ‘round recreation. Some activities include: fishing, camping, kayaking and golf. For the fishing enthusiasts, such game includes: Blue Marlin, Dolphin, Wahoo, King Mackerel, Spanish Mackerel, Flounder, Tuna, Snapper, Grouper, Sea Mullet, Sharks, Sea Trout, Spots, Drum and Channel Bass.

Holden Beach and Ocean Isle offer some lovely communities. Choose your environment with views that complement your desires. Our communities offer homes with water, marsh, golf, or woodland views.

Find your Holden Beach real estate or Ocean Isle Beach real estate today. Contact one of our Holden Beach NC realtors today.