For Immediate Release

Bradley E. Arnowitz, P.A. & Associates http://www.arnowitzproperties.com/ was responsible for the following transactions:

* Dr. & Mrs. Sam Moche have entered into contract to sell residence 1506 located at The Point, Atlantic II, 21150 Point Place, Blvd., Aventura, FL 33180. Bradley E. Arnowitz, P.A. & Associates are pleased to represent both the purchaser, Mr. & Mrs. Jacobo Rubinstein and the Seller.

*Mr. & Mrs. Ozturk have entered into contract to sell residence 405 located at 2080 Ocean Drive, Hallandale Beach, FL 33009 Co-broker representing the buyer is Horacio Ferrando.

*Mr. Carl Nickel has entered into contract to purchase residence 4707 located at Beach Club II, 1850 South Ocean Drive, Hallandale, FL 33019. Co-broker representing seller is Lana Tsema.

*Mr. John Sai has entrusted Bradley E. Arnowitz, P.A. & Associates with the exclusive sales and marketing of his waterfront home located at 230 Atlantic Isle Blvd., Sunny Isles, Florida. The web address for this property is: http://www.ArnowitzProperties.com/723446

*Mr. Harvey Spear & Mr. Rick Lippman have entrusted Bradley E. Arnowitz, P.A & Associates with the exclusive sales and marketing of their PH residence located at Mediterranean Village, 3900 Williams Island, Blvd., Aventura, FL 33160. The web address for this property is: http://www.ArnowitzProperties.com/719406

*Mr. Andrew D'Ascenzo has entrusted Bradley E. Arnowitz, P.A. & Associates with the exclusive sales and marketing of his property located at DUO, 1755 E Hallandale Beach Blvd., Hallandale FL, 33009. The web address for this property is: http://www.ArnowitzProperties.com/622621

*Bradley E. Arnowitz, P.A. & Associates is pleased to be the exclusive sales & marketing agents for a mixed use project located at 18802 W. Dixie Highway, Aventura, FL consisting of professional office space, retail, medical, condominiums, & lofts. Reinhartz Family Limited Partnership, a 30-year old medical company will be moving it's headquarters to this location and are the developers.
The web address for this property is: http://www.ArnowitzProperties.com/563986

Bradley E. Arnowitz, P.A. & Associates of Re/Max Beach Properties is a full-service firm providing brokerage, development, sales investment, property management, asset management, and residential services for office, multi-family, industrial/commercial, residential, and retail properties.

Bradley E. Arnowitz, P.A. has been serving South Florida with Honesty, Integrity, & Results since 2001. http://www.honestyintegrityresults.com/

For more information, visit Arnowitz & Associates on the web @ http://www.arnowitzproperties.com/ or contact the firm at Re/Max Beach Properties, 1355 Alton Road, Miami Beach, FL 33139 or Re/Max Beach Properties, 672 E. Hallandale Beach Blvd, Hallandale Beach, FL 33009
24/7 305.776.6113

Two Minute Management Course

I recieved an email from my good friend on management and thought it was very entertaining. The name of the email was: The Two Minute Mangement Course. I'd love to hear your thoughts! I tend to agree...

Lesson One
An eagle was sitting on a tree resting, doing nothing. A small rabbit saw the eagle and asked him," Can I also sit like you and do nothing? "The eagle answered: "Sure, why not. "So, the rabbit sat on the ground below the eagle and rested.

All of a sudden, a fox appeared, jumped onthe rabbit and ate it.

Management Lesson - To be sitting and doing nothing, you must be sitting very, very high up.

Lesson Two
A turkey was chatting with a bull. "I would love tobe able to get to the top of that tree", sighed the turkey, "but I haven't got the energy." "Well, why don't you nibble on some of my droppings?" replied the bull. "They're packed with nutrients. "The turkey pecked at a lump of dung, and found it actually gave him enough strength to reach the lowest branch of the tree.

The next day, after eating some more dung, he reached the second branch. Finally after a fourth night, the turkey was proudly perched at thetop of the tree. He was promptly spotted by a farmer, who shot him out of the tree.

Management Lesson - Bull shit might get you to the top, but it won't keep you there.

Lesson Three
A little bird was flying south for the winter. It wasso cold, the bird froze and fell to the ground into a large field. While he was lying there, a cow came by and dropped some dung on him. As the frozen bird lay there in the pile of cow dung, he began to realize how warm he was. The dung was actually thawing him out! He lay there all warm and happy, and soon began to sing for joy.

A passing cat heard the bird singing and came to investigate. Following the sound, the cat discovered the bird under the pile of cow dung, and promptly dug him out and ate him.

Management Lesson -
(1) Not everyone who shits on you is your enemy.
(2) Not everyone who gets you out of shit is your friend.
(3) And when you're in deep shit, it's best to keep your mouth shut!

This ends your two minute management course.

About Bradley E. Arnowitz, P.A. & Associates

Bradley E. Arnowitz P.A. & Associates of Re/Max Beach Properties http://www.arnowitzproperties.com/ is a full-service firm providing brokerage, development, sales investment, property management, asset management, and residential services for office, multi-family, industrial/commercial, residential, and retail properties.

Bradley E. Arnowitz, P.A. has been serving South Florida with Honesty, Integrity, & Results since 2001. http://www.honestyinterityresults.com/

For more information, visit Arnowitz & Associates on the web @http://www.arnowitzproperties.com/ or contact the firm @ Re/Max Beach Properties, 1355 Alton Road, Miami Beach, FL 33139 or Re/Max Beach Properties, 672 E. Hallandale Beach Blvd, Hallandale Beach, FL 33009

ClientCare@ArnowitzProperties.com

24/7 (305)776.6113

http://www.arnowitzproperties.com/

Memorial Day

Wishing our troops and soldiers a peaceful day; Thank you!

“It is foolish and wrong to mourn the men who died. Rather we should thank God that such men lived.”

-- General George Patton

Contract Negotiations

Recently, while brushing up on my skills (KNOWLEDGE IS POWER) I came across an outstanding book called The 33 strategies of war. Placing my own interpretation on some of what I read; allow me to share some thoughts on negotiating.

AMIDST THE TURMOIL OF EVENTS, DO NOT LOSE YOUR PRESENCE OF MIND
In the heat of negotiations, the mind tends to lose its balance. Too many things confront you at the same time-unexpected setbacks, doubts and even criticisms from your own allies. There's a danger of responding emotionally, with fear or even frustration. It is vital to keep your presence of mind, maintaining your mental powers whatever the circumstances. You must actively resist the emotional pull of the moment- staying decisive, confident and on task no matter what comes at you. Make your mind tougher by exposing it to adversity. Learn to detach yourself from emotions, KNOW THE FACTS - HAVE THE NUMBERS - FAMILIARIZE YOURSELF WITH THE PRODUCT at all costs. Let others lose their heads; your presence of mind will steer you clear of their influence and keep you on course.

When I represent you, I will be prepared. That, I guarantee!

About Bradley E. Arnowitz, P.A. & Associates
Bradley E. Arnowitz P.A. & Associates of Re/Max Beach Properties http://www.arnowitzproperties.com/ is a full-service firm providing brokerage, development, sales investment, property management, asset management, and residential services for office, multi-family, industrial/commercial, residential, and retail properties.

Bradley E. Arnowitz, P.A. has been serving South Florida with Honesty, Integrity, & Results since 2001. http://www.honestyinterityresults.com/

For more information, visit Arnowitz & Associates on the web @ http://www.arnowitzproperties.com/ or contact the firm @ Re/Max Beach Properties, 1355 Alton Road, Miami Beach, FL 33139 or Re/Max Beach Properties, 672 E. Hallandale Beach Blvd, Hallandale Beach, FL 33009
ClientCare@ArnowitzProperties.com
24/7 (305)776.6113
http://www.arnowitzproperties.com/

Mortgage Market Conditions

"Mortgage Market Conditions" Reports

As a member of The National Association of Realtors http://www.realtor.org/home/index and a firm believer that "knowledge is power" I am pleased to share this report with you.
Please click on the following link:
http://www.realtor.org/MembRsch.nsf/files/FL.pdf/$FILE/FL.pdf

NAR Research is working to bring NAR members more information that is locally relevant. They just released three new projects that focus on state and local markets. The first of these is the State Mortgage Market Conditions report - with 32 percent of homeowners nationwide owning a debt-free home, subprime exposure is decreasing. The report presents the current level of subprime exposure and its impact upon foreclosure activity in our state.

About Bradley E. Arnowitz, P.A. & Associates
Bradley E. Arnowitz P.A. & Associates of Re/Max Beach Properties http://www.arnowitzproperties.com/ is a full-service firm providing brokerage, development, sales investment, property management, asset management, and residential services for office, multi-family, industrial/commercial, residential, and retail properties.

Bradley E. Arnowitz, P.A. has been serving South Florida with Honesty, Integrity, & Results since 2001. http://www.honestyinterityresults.com/

For more information, visit Arnowitz & Associates on the web @ http://www.arnowitzproperties.com/ or contact the firm @ Re/Max Beach Properties, 1355 Alton Road, Miami Beach, FL 33139 or Re/Max Beach Properties, 672 E. Hallandale Beach Blvd, Hallandale Beach, FL 33009
ClientCare@ArnowitzProperties.com
24/7 (305)776.6113
http://www.arnowitzproperties.com/

Aventura, Sunny Isles, Miami Beach, Hollywood, Market Statistics Real Estate 33180 - 33160 - 33009

Please click on any of our links: After clicking the link, click on the RED "hot button" on the left side of the home page to view community statistics:

http://www.portovitalistings.com/
http://www.aventuracondolistings.com/
http://www.turnberrylistings.com/
http://www.trumplistings.com/
http://www.diplomatlistings.com/
http://www.williamsislandlistings.com/
http://www.balharbourlistings.com/
http://www.goldenbeachlistings.com/
http://www.thepointlistings.com/
http://www.canyonranchlistings.com/
http://www.aventuralakeslistings.com/
http://www.miamibeachcondolistings.com/

About Bradley E. Arnowitz, P.A. & Associates
Bradley E. Arnowitz P.A. & Associates of Re/Max Beach Properties http://www.arnowitzproperties.com/ is a full-service firm providing brokerage, development, sales investment, property management, asset management, and residential services for office, multi-family, industrial/commercial, residential, and retail properties.

Bradley E. Arnowitz, P.A. has been serving South Florida with Honesty, Integrity, & Results since 2001. http://www.honestyinterityresults.com/

For more information, visit Arnowitz & Associates on the web @ http://www.arnowitzproperties.com/ or contact the firm @ Re/Max Beach Properties, 1355 Alton Road, Miami Beach, FL 33139 or Re/Max Beach Properties, 672 E. Hallandale Beach Blvd, Hallandale Beach, FL 33009
ClientCare@ArnowitzProperties.com
24/7 (305)776.6113
http://www.arnowitzproperties.com/

Save with Cost Segregation

Benefit From Bonus Depreciation In 2008
Save Even More with Cost segregation

About Bonus Depreciation

While many are concerned about the downfalls of the country’s economic slowdown, there is a silver lining. Congress has approved, as part of its national stimulus package, “bonus depreciation” for 2008. The benefits include the ability to take additional depreciation on qualifying property in 2008. The caveat is the very short window of opportunity to take advantage of this package.

Bonus depreciation isn’t a new concept. In fact, it has been used in several economic stimulus packages in the past, including the New York Liberty Zone, and the Gulf Opportunity Zone. Bonus depreciation allows qualified taxpayers to take an additional 50 percent depreciation of the basis of the qualifying property in the first year.

What Qualifies

To be eligible to claim bonus depreciation, property must be either; eligible for the modified accelerated cost recovery system (MACRS) with a depreciation period of 20 years or less, a water utility property, off-the-shelf computer software, or qualified leasehold property. For property to qualify for bonus depreciation, it must be acquired under a binding written contract entered into during 2008. Additionally, the taxpayer must begin the manufacture, construction or production of the property for the taxpayer’s own use during 2008. However, for property with a depreciation period of 10 years or longer, Congress extended the placed-in-service date through December 31, 2009. Construction started in 2007 does not qualify for this stimulus package.

Maximizing Bonus Depreciation with Cost Segregation

Cost segregation allows you to capture bonus depreciation by identifying property that falls into the recovery periods which are less than 20-years (i.e. 5, 7, 15, etc.). When the property is accurately identified in a cost segregation study, taxpayers experience accelerated depreciation by shortening the recovery period. The bonus depreciation benefit allows owner to depreciate 50% of the asset immediately!

Choosing the Right Consultant

Before beginning a cost segregation study and benefiting from both accelerated and bonus depreciation, make sure you work with a qualified cost segregation provider.

The IRS authored a Cost Segregation Audit Techniques Guide outlining the accepted criteria for a quality cost segregation study. Your provider/consultant should know and follow these guidelines when doing your cost segregation study. There are 13 parts to a quality cost segregation study:

Preparation by an individual with expertise and experience
Detailed description of the methodology
Use of appropriate documentation
Interviews conducted with appropriate parties
Use of a common nomenclature
Use of a standard numbering system
Explanation of the legal analysis
Determination of unit costs and engineering "take-offs"
Organization of assets into lists or groups
Reconciliation of total allocated costs to total actual costs
Explanation of the treatment of indirect costs
Identification and listing of section 1245 property
Consideration of related aspects

Additionally, there are nine principal elements of a quality cost segregation report. They are:

Summary Letter/Executive Summary
Narrative Report
Schedule Of Assets
Schedule Of Direct and Indirect Costs
Schedule Of Property Units And Costs
Engineering Procedures
Statement Of Assumptions And Limiting Conditions
Certificate
Exhibits

You should expect your cost segregation consultant to provide you with reports that meet all of these criteria.

There are also six methods approved by the IRS when conducting a cost segregation study. These include the Detailed Engineering Approach from Actual Cost Records; Detailed Engineering Cost Estimate Approach; Survey or Letter Approach; Residual Estimation Approach; Sampling or Modeling Approach; “Rule of Thumb" Approach. Any of these approved methods is acceptable to the IRS.

About Bradley E. Arnowitz, P.A. & Associates

Bradley E. Arnowitz P.A. & Associates of Re/Max Beach Properties www.ArnowitzProperties.com is a full-service firm providing brokerage, development, sales investment, property management, asset management, and residential services for office, multi-family, industrial/commercial, residential, and retail properties.

Bradley E. Arnowitz, P.A. has been serving South Florida with Honesty, Integrity, & Results since 2001. www.HonestyInterityResults.com
For more information, visit Arnowitz & Associates on the web @ http://www.arnowitzproperties.com/ or contact the firm @ Re/Max Beach Properties, 1355 Alton Road, Miami Beach, FL 33139 or Re/Max Beach Properties, 672 E. Hallandale Beach Blvd, Hallandale Beach, FL 33009
ClientCare@ArnowitzProperties.com
24/7 (305)776.6113
http://www.arnowitzproperties.com/