2018 Mortgage Interest Deduction

2018 Mortgage Interest Deduction Update

There have been a few changes to the rules of the homeowner Mortgage Interest Deduction that took place in 2018.

The Mortgage Interest Deduction is used to reduce your income tax liability when you have a mortgage loan on your personal residence and or on a second home.

When mortgages have been originated after December 14, 2017, the interest on the first $750,000 of the mortgage qualifies for the Mortgage Interest Deduction.  The qualifying loan amount has been reduced by $250,000.  For loans originated prior to December 14, 2017, interest on the first $1,000,000 of mortgage qualifies for the Mortgage Interest Deduction.

The guidelines for Home Equity Lines of Credit (HELOC) have also been changed added a few new limitations.

To qualify to take the Mortgage Loan Deduction in 2018, the HELOC needs to be used to substantially improve the residence securing the Home Equity Line of Credit. The Home Equity Line must be used only to fund improvements that add to the property’s market value, extend the property’s useful life, or used to remodel the property to residential use.

If the Home Equity Line is used for other purposes such as college tuition, vacation or personal item purchases, the interest is no longer deductible.

These new changes are supposed to be in effect until the beginning of 2026.

To read the complete article, please see Mortgage Interest Deduction Changes in 2018.

For information regarding available Mortgage Loan Programs or Today's Interest Rates, please visit Treasury Funds Home Loans.

Building Muscle to Burn Fat

Building Muscle to Burn Fat

Building Muscle to Burn Fat

Do you include some type of strength training in your weekly workout plan?

My name is Haven Schulz, owner of Health Haven Personal Training Studio in Laguna Beach. I have first-hand experience when it comes to the benefits that building muscle can bring.  Everyone has different goals when it comes to their physical fitness and appearance.  Not everyone wants to look ripped and/or muscular.  Just because you start lifting weights doesn’t mean you will look like that.  One of the main reasons I encourage my clients to include strength training is because building muscle can, YES, help you burn more fat!

Let me explain.  When your body is “at rest” during your day, you have a certain number of calories you burn. Maintaining muscle mass burns more calories than maintaining fat.  So, when you build muscle your metabolism does speed up because it takes more calories to keep that new muscle maintained than it did the fat you used to have.

However, building muscle to burn fat is not the only benefit. 

Building muscle can also:

  • improve your posture
  • improve your endurance
  • prevent you from injury
  • and so much more! 

At Health Haven Studio, I train a lot of clients who participate in a variety of other activities such as yoga, biking, swimming, surfing, etc.  Weightlifting has improved all of their performances in those different activities.

Ok, so if building muscle burns fat and can improve and strengthen your body to enjoy the activities you want to participate in, then why not include it in your week?! 

Maybe you have never lifted weights before and need some guidance?  Well, that’s what personal trainers like me are here for!  Before you add strength training into your workout routine, I highly encourage you seek out some guidance to learn proper technique and mind-to-muscle control.

 

Haven Schulz
Owner of Health Haven Studio
Personal Trainer & Fitness Nutrition Specialist
healthhavenstudio@gmail.com
949-207-9515

The Word on the Street

The Word on the Street

Thanks to Laguna Beach Art Commission and Artist Scott Froschauer, Laguna Beach is enjoying some new Street Art! 

On June 30, 2018 "Word on the Street" by Scott Froschauer was installed throughout Heisler Park.  

The Public Art Dedication and Artist Recpetion was held on Sunday, July 1, 2018.  It was held in front of one of the installations, at the corner of Cliff Drive and Jasmine Street at 5:00 p.m.  

The Word on the Street 

20180701_171040
20180703_191521
20180703_191802
love
The Word on the Street

Watch and hear the artist's description, thoughts, and meanings behind the signs below on this video taken during the Artist Reception

This temporary street art installation will be here for the following 12 months.