home office

5 Fun Ideas for Your Flex Room

by Shea Homes Arizona on November 2, 2018

 

At Shea Homes® Arizona, our design team spends months, sometimes years, meticulously crafting our homes to tailor each floorplan to specific lifestyles. But no matter how much planning and heart goes into each design, the most important thing is that your home feels uniquely you.

That’s where the flex room comes in.

Flex rooms are designed to be flexible. You might see it on the floorplan labeled ‘flex’, or ‘optional space’, but they all amount to the same thing: your space to do with what you please. This is your chance to create a space that you love to return to, that will wow your guests when you give them a tour.

Here are five of our favorite flex rooms, curated to give you some inspiration for the spaces that will add the perfect pop of personality to your new home.

1. A Hobby Room
Hobby RoomYou can finally have a space dedicated purely to your passion. Whether you are an artist, a fitness enthusiast, or a collector, flex rooms provide a special area in your home that is solely dedicated to your favorite hobby.

2. An Office or Study Area
Home OfficeLet’s face it, no one truly leaves all of their work at the office. By turning a flex space into a home office or library, you will have a place where you can focus when you need to work late to meet a deadline or decide to work from home for the day. When you are not using it, the kids can use the space as a study area!

3. An Entertainment Room
Game RoomTurn your flex room into a space dedicated to having fun! Make your home the perfect place for entertaining by creating your own game table room, or a private movie theater. By having a separate entertainment space, you won’t have to worry about disturbing the rest of the family when you break during a game of table tennis, or when you want to watch an action movie late at night. On top of that, your home will quickly become the gathering place for all your friends!

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5 Potential Tax Deductions for Homeowners

by Shea Homes Arizona on March 27, 2015

Home ownership improves life in many ways – and when tax day comes on April 15, homeowners could enjoy taking advantage of these significant tax deductions.

Private Mortgage Insurance (PMI) Deduction

Any homeowner putting less than 20 percent down on the purchase of a home is required to have Private Mortgage Insurance. In addition to writing off the interest you’ve paid on your home, you also get to write off the amount spent on PMI.

Points Deduction

Homeowners who pay points fees when purchasing a home may fret when they have to hand over the cash at closing, but come tax time, they can turn that frown upside down. Points fees (each point is the equivalent of 1% of the purchase price of the home) are included in the income tax deductions list!

Interest on a Home Improvement Loan

If you’ve taken out a home improvement loan to add “capital improvements” to your home, you’ll get to enjoy more than a new and improved living space. You’ll also get to deduct the interest paid on the loan. Just make sure your home improvement loan qualifies, as loans taken out for repairs only are not eligible for the deduction.

Home Office Deduction

Work from home? Be sure to look into the deductions that may be available for using a portion of your home as an office. The IRS has specific requirements that must be met for the deduction, so read up on all the details here: http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Home-Office-Deduction.

Moving Costs

Did your job require you to make a move to your current home? If the move was at least 50 miles from your old home and you worked full time for at least 39 weeks during the 12 months following your move, you may be eligible for a deduction on your moving costs. Deductions would apply to costs including transportation, lodging and storage fees.

For more information on Shea Homes and what we’re up to at the Arizona division, like us on Facebook, follow us on Twitter, get inspired with us on Pinterest, and learn all things homebuilding on our YouTube channel.

Note: This article provides general information on tax deductions that may apply to certain homeowners. Consult with your tax professional to determine if you are eligible for these and other deductions related to home ownership.

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