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- The best place to swim, sun & have fun.

From Cherry Hill,  Philadelphia & New York,this is the place to be.  Don't forget the fabulous CASINOS,  with more than just gambling…  entertainment and shopping for the entire family.                 

Place YOURSELF in the PICTURE:  

This is the way to:

             ... vacation with your family.
             ...  start your retirement early.
             ... utilize your investments.
·                   ... bring families together.
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Aug. 18, 2008 - Atlantic City AIR SHOW!! August 20, 2008

Wednesday, August 20, 2008
Begining at 10:30 a.m. and continuing
throughout the day
FREE on the beach and Boardwalk of Atlantic City

See the heart-stopping feats, aerobatics maneuvers, formation flying and solo routines of military and civilian pilots that have helped to make the Atlantic City Airshow "Thunder Over The Boardwalk" one of the most popular events in Atlantic City.

Make plans now to see flybys and demonstrations that reach up to 15,000 feet and as low as 50 feet over the water in front of the Atlantic City skyline. Along with performances and demonstrations by the U.S. Air Force, U.S. Army, U.S. Coast Guard, U.S. Navy, Air National Guard and civilian acts, this year's lineup includes the following highlights:
  • U.S. Air Force Thunderbirds
  • U.S. Army Golden Knights parachute team
  • 177th Fighter Wing of the N.J. Air National Guard
  • William J. Hughes FAA Technical Center aircraft flybys
  • Geico Extra 300 Demonstration by Tim Weber
  • Fagan Ethanol-fueled MX-2 piloted by Greg Poe
  • The Red Eagles Two-Ship Routine
  • World-class civilian aerobatics and much more
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Apr. 8, 2008 - Tax tips from the net can help make filing easier!

The lovable folks at the IRS have created The Digital Daily, a comprehensive and catchy site that includes plenty of tax information and advice, with even a handy address list of where you should file - just in case you've recently moved, or just forgotten.
The hundreds of websites won't take the sting out of signing that check over to the IRS, but they can at least give you tips on how to reduce your tax burden, list common tax errors to avoid, and places on the web to pose tax questions.
Watch as the Tax Prophet deciphers the Internal Revenue Code for the U.S. and foreign taxpayers and professionals alike. . Forms and more forms are here
Most taxophobes will find helpful information in Roger A. Kahan's tax column. And for analysis, Tax Analysts can't be beat.
Time to fill out oodles of forms and schedules--or is it? With your PC and an Internet connection, you can save loads of time, and possibly cash, preparing your tax return. Bankrate's Tax Guide and the Marketwatch Tax Preparation Guide will help.
CNet's Tax Guide has some more helpful hints and some tech tips as well.
The net doesn't stop at federal tax information. If you're looking for state tax information, the Tax Sites Directory is an excellent resource.
Need forms for another state or your state? Click on any state to access directly download the tax forms on the States Tax Forms website.
Who isn't confused? It's no wonder mere citizens are in the dark. Even the pros get bewildered. At Tax Hawk select "tax tips" to access a list of the top 10 tax tips and more.
Microsoft offers this tax workshop site. There's editorial on every conceivable tax topic and tons of other resources, like how to file for an extension or what to do if you can't pay.
For those looking for tax tips from a well-known source, the venerable H&R Block chain of tax preparers also has a virtual tax office, where you can find a local office and loads of free advice.
And for those who have used the 1031 tax-deferred exchange and have some questions, visit the Field Guide to 1031 Exchanges Any other questions, please email me.
Tax World offers the art of discovery, the language of taxes, tax advocates, and a plethora of useful information. And for Tax Preparation Tips, MSN Money has a list of resources.
For helpful online good advice and tips, state addresses and state links, check out 1040.com.
TaxWeb is a consumer-oriented source for federal, state and local tax-related developments and provides you with the latest Federal and State news and developments.
Smart Money's Tax Guide features a tool that will help you calculate your taxes on Stock and Mutual Fund sales and what to do if you've lost your statements. It also features tax basics, insights, advice, resources and worksheets.
The only way kids will learn to manage their money is through their own experience and guidance from their parents. In other words, kids learn from trial and error and role models, just like the rest of us.
  • Get Real Math in Every Day Life. If your kids ask "When are we ever going to use this in real life?" You'll find the answer here!
  • Strong Kids.com Take a look in the Toolbox for interactive calculators to help you with your investing needs. Use "The Ladder" to figure out if you are on track to afford any item that you want to buy. Check out "The Tape Measure" to see how a little amount of money invested each month may grow over time. Also, put on your Hard Hat and take the Mutual Fund quiz. Learning in a fun way.
  • CNNMoney.com has a 101 help sheet for your kids. They'll tell you the Top 10 Things you and they need to know. There are 24 "lesson guides" for all ages, including teens. These are not only guides for them, they're helpful guides for you!
  • Fool.com will help teach parents and kids the sweetness and the perils of investing.
  • The Kids and Money Book guides you through financial milestones: allowance, saving, banking, investing, budgeting, credit cards, first jobs and getting to and through college. It helps parents who are financially knowledgeable--and those who are not--tackle tough issues, including single parenting, blended families, shoplifting, gambling, overspending, and when to bail out the kids. Now that's a tall order!
  • He's the star of the Money Savvy Generation! A new invention ... a better piggy bank? Yes! Business Week gave this bank a thumbs up for the "Big 4" concepts of money management.
  • Building Kids Good Money Skills and the Money Instructor. As soon as your children can count coins they can start. Numerous techniques for teaching children savings and investing skills.
  • Moneyopolis The place for money-sharp kids, or those who want to be. Totally fun!
  • YoungBiz Start a business 101, Manage Your Money 101 For Teens
Two good software programs for preparing your tax and managing your finances are Quicken's TurboTax and H&R Block's Tax Cut.
Bankrate offers important Tips on How to Chose a Tax Preparer.
Brand New for '06 The Motley Fool Tax Center Their tax experts take a look at the major changes you need to know this year, and gives you the tax strategies, tax preparation services, and tax advice, all listed by category.
The mad rush to get taxes prepared and filed is on and many more of you will use your home computer to complete this necessary evil. But evil may also lurk beyond the grasp of the IRS in the form of a keylogger. Keyloggers allow remote users to capture every keystroke made on an infiltrated computer, which can be devastating for someone that prepares their tax return on an infected computer. Get up to speed on what you should do before getting started on your taxes this year by going to DataDoctors for advice.
Are you audit bait? Find out how not to be! Bankrate and World Wide Web Tax will give you tips on how to avoid an IRS audit in the first place. And, if you're already involved in a Tax Audit, how to survive.
Does the pain feel like root canal? Cleaning the gutters? Figuring your tax liability? Then let Money.com's Tax 101 help you through the pain.
Are You On Thin Ice? You've probably just received all your tax papers and are starting to dread another tax season. Maybe your travel & entertainment records are stored on your Blackberry. What happens in an audit when all you have to show is a bunch of bits? TaxResources will help you know what to do and how to maximize your Tax Audit Protection. A former IRS tax attorney shares his secrets and strategies on IRS TaxAudit Help .
The best strategy is the one you embark upon today. Where to begin? Let these sites show you the way. The Best Moves to Make Right Now. Check out the experts before you commit to Financial Kamikaze. And to be always prepared, Saving Money will help you strategize.
This article was supplied by my old friend Alice Held, copyright © 2008,  All Rights Reserved
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Mar. 4, 2008 - This is not a joke... but a GOOD TIP

Tell your spouse, your children, your neighbors, your parents, the check out Girl at the market, everyone you run across.
Put your car keys beside your bed at night. If you hear a noise outside your home or someone trying to get in your house, just press the panic button for your car. The alarm will be set off, and the horn will continue to sound until either you turn it off or the car battery dies.
This tip came from a neighborhood watch coordinator.  Next time you come home for the night and you start to put your keys away, think of this:
It's a security alarm system that you probably already have and requires no installation. Test it. It will go off from most everywhere inside your house and will keep honking until your battery runs down or until you reset it with the button on the key fob chain. It works if you park in your driveway or garage If your car alarm goes off when someone is trying to break in your house, odds are the burglar rapist won't stick around... after a few seconds all the neighbors will be looki ng out their windows to see who is out there and sure enough the criminal won't want that.
And remember to carry your keys while walking to your car in a parking lot. The alarm can work the same way there.
P.S. I am sending this to everyone I know because I think it is fantastic. Would also be useful for any emergency, such as a heart attack, where you can't reach a phone.
This is something that should really be shared with everyone. Maybe it could save a life or a sexual abuse crime.
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Feb. 21, 2008 -

10 biggest home-buying mistakes
By Pat Curry • Bankrate.com
David Weekley, CEO of Houston-based David Weekley Homes, is one of the country's largest home builders and also the author of a new book, How to Buy a Home Without Getting Hammered.
Based on 30 years of home-building experience for 40,000 people, Weekley offers these 10 biggest mistakes in home buying:
Not doing your homework. Knowledge is power. Tremendous information is available on the Internet. There is no excuse for entering the market unprepared.
Trying to make a shrewd investment. People need to buy based on what fits their family. Don't try to guess what will happen to the market.
Choosing a poor location. Even within a neighborhood, location matters. Is it on the busiest street? Is there a shopping center out the back window?
Overlooking an inferior floor plan for an attractive exterior. It may have gorgeous curb appeal, but you don't live on the lawn. No matter how attractive the exterior, you need a livable home.
Overlooking how the house will function for your family. How do you really live? Do you really need a formal dining room and living room? Would you be happier with an eat-in kitchen and a great room and a den to use as a home office? The house only needs to fit one family -- yours.
Not having the home properly inspected in a resale. This is not the time for surprises. Get an inspection from a qualified, respected professional.
Not checking out the builder's reputation on a new home. Talk to three or four people who live in the builder's homes and see what they have to say. If one builder did all the houses in a neighborhood, talk to the residents and get their input. It's also a great way to see what your neighbors would be like.
Not getting what you want because you're impatient. This is a big decision. You need time. Impatient decisions can lead to mistakes.
Waiting for a better market and interest rates. Warren Buffett says the rear view mirror is always clearer than the windshield.
Not buying at all.If you can afford a home and you don't make that purchase, you'll lose the benefit of tax deductions, building home equity and the appreciation in value.
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Feb. 9, 2008 - As reported by the Atlantic City Press, Sunday January 27, 2008

Realtors say with bubble burst, housing market’s stable and ready to grow

Industry leaders say the region’s real estate market is at least stabilized, and probably prepared for signficant growth if not this year then surely the next. They credit continued development in Atlantic City and the undiminished demand for property at the shore. The nation seems recession bound and the stock market is withering, but real estate leaders are pretty chipper about the industry’s prospects for this year and beyond.

“The Atlantic City area and our entire market down here are extremely promising as we head into the next wave of megaresorts,” said Drew Fishman, president of the N.J. Association of Realtors and broker/sales associate with ReMax Atlantic in Northfield.

Real estate professionals insisted throughout 2007 that the home resale market in southern New Jersey, while clearly fallen from the incredible heights experienced during the realty bubble that burst in 2006, had merely declined to pretty good. They were unanimous in suggesting that the media were conveying a bleakness that didn’t exist on residential streets.

Now, with economic forecasts still pointing down, Realtors are saying the worst is over.

“I think we’re going to see sideways movement this year, with a decent spring season,” said Ian Lazarus, president of the Cape May County Association of Realtors. “The buyers are definitely out and we’re starting to make some sales.”

Fishman said this region, the state as a whole and even the Northeast “remained healthy over the last couple of years. It was not 2005, but it still was pretty good.”

Now, he said, mortgage interest rates are low — 5.7 percent with no points — and there’s good inventory available of all types of homes. “This is the time when you’re going to be able to do stuff,” Fishman said. “Real estate is cyclical, and everything looks promising.”

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Jan. 27, 2008 - Top 10 Tax Breaks, On the House

The New Year always turns thoughts to the new tax season and when it comes to taxes there's no place like home to find shelter. Your home offers a score of tax deductions and credits designed to help offset the cost of housing and to keep the housing market fueled with new buyers.
Here's a look at the Top 10 Tax Breaks, On The House.
1 -  Mortgage Loan Interest: The Mother Of All Tax Breaks, because interest payments comprises a large portion of your mortgage payment in the early years of the loan's term, mortgage interest on a maximum of $1 million in mortgage debt secured by a first and second home is deductible. Deductions reduce your taxable income against which your taxes due are calculated. The $1 million level applies to married tax filers who file jointly and single taxpayers. Married taxpayers who file separately split the maximum 50-50.
Likewise, home equity loan interest is deductible, but limited to the smaller of $100,000 (half as much for each member of a married couple if they file separately), or the total of your home's fair market value as determined by a complicated formula.
2 - Home Improvement Loan Interest: The interest on a home improvement loan is also deductible, but calculated differently. You can deduct all the interest on a home improvement loan provided the work is a "capital improvement" rather than repairs, maintenance or cosmetic upgrades. Capital improvements typically increase your home's value (say, because you added a room), prolong it's life (a new roof) or adapt it to new uses (universal design improvements to assist older people or people with disabilities).
3 -  Points: Points, each equal to 1 percent of the loan principal, are charged by lenders as part of the cost of the loan. You can fully deduct points associated with a home purchase mortgage, but not a mortgage broker's commission. Refinanced mortgage points are deductible too, but only when they are amortized over the life of the loan. Once you refinance a second time, the balance of the old points from a refinanced loan offer an immediate write off, as you begin to amortize the new points.
4 -  Property Taxes: Property taxes or real estate taxes are fully deductible. Any local city or state property tax refunds reduces your federal property tax deduction by the same amount.
5 - Capital Gains Exclusion: Home buying investors' best tax shelter comes from provisions in the Taxpayer Relief Act of 1997 which allows married taxpayers who file jointly to keep, tax free, up to $500,000 in profit on the sale of a home used as a principal residence for two of the prior five years. The amount is halved for those filing single or separately.
6 -  Home-Based Business Deduction: Home offices that use a portion of your home exclusively for business could qualify you to deduct a percentage of costs related to that portion. Included are a percentage of your insurance and repair costs, utility bills and depreciation.
7 -  Selling Costs and Capital Improvements: When you sell your home, you can reduce your taxable capital gain by the amount of your selling costs, which include real estate commissions, title insurance, legal fees, advertising and inspection fees. Cost typically stemming from decorating or repairs -- painting, wallpapering, planting flowers, maintenance, and the like -- are also selling costs if you complete them within 90 days of your sale and with the intention of making the home more saleable.
Selling costs are deducted from your gain. Gain is your home's selling price, minus deductible closing costs, minus selling costs, minus your tax basis in the property. Your basis is the original purchase price, plus the cost of capital improvements, minus any depreciation.
8 - Moving Costs: A move triggered by a new job comes with some deductible moving costs. To qualify, you must meet certain requirements including, moving within one year of starting your new job, moving 50 miles farther from your old home than your old job was and working full-time at the new job for 39 of 52 weeks following the move. Deductions include travel or transportation costs and expenses for lodging and storing your household goods.
9 -  Mortgage Tax Credit: Mortgage Credit Certificates (MCCs) allow qualifying low-income, first-time home buyers to take a mortgage interest tax credit of up to 20 percent (the amount varies by jurisdiction) of the mortgage interest payments made on a home. This credit is available every year you keep the loan and live in the house purchased with the certificate. Unlike a deduction that reduces your income, the credit is subtracted, dollar for dollar, from the income tax owed.
10 - Energy Tax Credits: The newest home-based tax credits were made possible last year by the Energy Policy Act of 2005. Tax credits of up to $500 in 2006 and 2007 are available for upgrading heating and air conditioning systems, insulations, windows, doors and thermostats, caulking leaks, installing pigmented metal roofs and for otherwise putting the bite on energy waste in your home.

Written by Broderick Perkins

FROM REALTY TIMES January 1,2008
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Judi Wolfson, ABR, CRS, ePro Zitomer Real Estate Margate, NJ 800-339-5834


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