20 18
When it comes to the North Scottsdale lifestyle and area Real Estate, The Luckys are proud to be the eminent source for their clients.
J U N E
With 100s of millions of dollars in sales under their belts,
Lisa | Matt | Laura
The Luckys are honored to be reputed as the most proficient and skilled in the industry.
602.320.8415 | Lucky@RussLyon.com View more luxury listings at LisaLucky.com
In This Issue COMMUNITY CONNECTION ________________ Spotlight on: Mother's Grace
offered at
$1,435,000 ________ MLS #5699813
Hurry – this home WILL NOT last long! Come see this spectacular brand new 2018 custom home with today's most sought-after finishes. The main home has a split great
Pinnacle Peak Ranchos
room floor plan and the guest casita has its own entrance
5 Bed
and a complete kitchenette. Incredible views from the 4.46-
5 Bath
acre lot also offers plenty of room for additional car or RV garage and/or horse facilities. The master suite is spacious and well-appointed, the gourmet kitchen has Wolf and Thermador appliances, and the backyard includes a heated saltwater pool and spa, water feature, gas firepit, BBQ, beverage refrigerator, artificial turf, lush landscaping, and
3,925 SQ FT
HOORAY FOR DAD! They guide, they protect, they encourage and they inspire. Dads are such an important part of our lives, and here we celebrate just what makes a man more than a father, it’s what makes him a dad! “ A father is neither an anchor to hold us back nor a sail to take us there, but a guiding light whose love shows us the way." —Unknown
REAL ESTATE CORNER ________________ Could a 1031 Exchange Work for You?
" I believe that what we become depends on what our fathers teach us at odd moments, when they aren't trying to teach us. We are formed by the little scraps of wisdom." —Umberto Eco
YOUR HOME ________________ Give Your Bedroom a Better-Sleep Makeover
" My father gave me the greatest gift anyone could give another person: He believed in me." —Jim Valvano
AROUND TOWN ________________ Scottsdale Events to Enjoy in June NEW & NOTEWORTHY ________________ People, Places & Things to Know About
" My father didn't tell me how to live. He lived and let me watch him do it." —Clarence Budington Kelland " Lately all my friends are worried they're turning into their fathers. I'm worried I'm not." —Dan Zevin " Dads are most ordinary men turned by love into heroes, adventurers, story-tellers, and singers of song." — Pam Brown
" It's only when you grow up and step back from him—or leave him for your own home—it's only then that you can measure his greatness and fully appreciate it." —Margaret Truman " The quality of a father can be seen in the goals, dreams and aspirations he sets not only for himself, but for his family." —Reed Markham
FEATURED PROPERTY ________________ Spectacular Custom Home in Pinnacle Peak Ranchos
a dedicated pool bath featuring a full shower. Everything in this new build is complete – just move in and enjoy!
31225 N. Black Cross Road | Scottsdale, AZ 85266 CORPORATE OFFICE:
CONTACT:
The Luckys North Scottsdale 7669 East Pinnacle Peak Road, Suite 110 Scottsdale, AZ 85255
602.320.8415 Lucky@RussLyon.com LisaLucky.com
Could a 1031 EXCHANGE Work for You? If you own investment property and are planning to sell and purchase something different, you’ll want to consider if a 1031 Exchange might be your best strategy for maximum monetary benefit. The IRC Section 1031 tax code allows for an investor to sell a property and then reinvest the proceeds into a new property or properties, and to defer all of the capital gains taxes. This gives you the ability to keep all of the property’s equity for re-investment which can be a powerful strategy to facilitate significant portfolio growth and offer an increased return on your investment. A 1031 Exchange must be properly structured for it to be valid. There are some rules of the transaction that must be followed, and an accurate understanding of the process is important. We will refer you to a required qualified intermediary (QI) who serves as a 1031 Exchange facilitator and will advise and guide you through the specific selling and buying process. For a property to qualify, it must have been held for productive use in trade, business or investment. Likewise, the property you’ll be exchanging it for must be considered “like-kind.” Some people confuse this concept and think that they must exchange properties that have the same use. That’s not the case. It simply means you can exchange real property held for investment with any other real property held for investment. So, for instance, you could exchange raw land for a commercial site, an office building for apartments, or single-family rentals for retail.
Mother’s Grace foundation is dedicated to the support Mothers-Grace.org of mothers and children who have endured life tragedies. By providing financial, emotional and hands-on support and guidance, Mother’s Grace empowers these women to reach their goals of making a difference in their communities by helping others inflicted with similar circumstances. Mother’s Grace offers immediate help for those burdened with a devastating loss or illness with financial help for bills, medical expenses or any other service that may be required during their time of need. Mother’s Grace also supports children dealing with the loss of their mother, or in need of a mother’s mentorship. This grassroots foundation further strives to support mothers who have dealt with personal tragedy by awarding four to five grants per year to women wishing to start their own 501(c)(3) organization in an effort to help others suffering with a similar crisis.
REAL E S TAT E
602.320.8415 or Lucky@RussLyon.com
corner
GO ON STRIKE Warm up your killer bowling stance and head over to North Just about all of us could benefit from better sleeping. Whether you have trouble winding down for sleep or are prone to waking through the night, perhaps some changes in your bedroom will help improve your slumber from “so-so” to “so splendid.”
GIVE YOUR BEDROOM A BETTER-SLEEP
CHOOSE SERENITY – Calming colors for your walls and bedding really do go a long way in setting the mood for sleep. Pastel shades of blues and greens, lavenders or muted grays are a nice choice. Cool colors have been proven to help lower blood pressure and heart rate while inducing a relaxed state-of-mind.
When you are exchanging, you must exchange into property of equal or higher value. However, you may exchange one property for several, or vice versa. You can exchange property from other states. So, if you own an office complex in Minnesota for instance, you can exchange it for income-producing rental properties in Arizona.
We’ve helped many clients sell and buy while using the 1031 Exchange to their advantage. Call or email us and we’ll put you in touch with an exchange facilitator who can answer your questions and help you determine whether it’s a good option for you as well.
& NOTEWORTHY
WHAT THEY DO:
What is not allowed in an exchange is property held for personal use, or property held primarily for sale such as developed lots or fix-andflips. Second homes and vacation homes might qualify if they meet the requirements; such as you’ve personally used the property for 14 days or less of every calendar year that you’ve owned it.
Exchanges must meet a predetermined timeline as well. You must identify which property or properties you’ll be buying within 45 days from the close of escrow on the property you’re selling, and you must close on the new property or properties within 180 days.
new
SPOTLIGHT ON
Mother’s Grace foundation is dedicated to the support of mothers and children who have endured life tragedies. HOW CAN YOU HELP? In addition to helping monetarily; a donation of your time, business skills or social connections can assist this organization in meeting its goals. Mother’s Grace holds several fundraising events throughout the year in which your contribution and attendance is appreciated. Visit the website to learn how you can be of assistance.
Along those lines of rest and relaxation, surround yourself with soothing aromatherapy notes such as lavender, vanilla or ylang ylang. Spritzing your pillow with a sleep-inducing spray or putting a drop of oil on your light bulb as you settle in to read before sleep can calm and ease frayed nerves. COZY UP – Nestling into a comfortable bed is crucial for the best sleep. If your mattress isn’t as comfortable as you’d like, take the plunge and invest in the best mattress you can afford. It will be money well spent. The same goes for your
Scottsdale’s new pillow. Keep trying different materials, lofts and firmness until you find the perfect one. For bedding, choose fabrics that are soft and pleasant to the touch such as silks or high-thread-count cotton.
DELETE & DECLUTTER – As you settle into bed at night, what is in your line of sight? Your laptop? Unpaid bills? Discarded clothes on the floor? Your bag of dry cleaning to be dropped off tomorrow? Get it all out of the bedroom. Your bedroom is your respite from the rest of your busy life, so don’t allow anything in your bedroom that doesn’t make you feel happy. Instead, strive to fill your space with beautiful artwork, eye-pleasing furnishings and cherished mementos that help you recall joyful experiences you’ve had. GO AU NATUREL – We’re talking about plants here, not your sleepwear choice! That’s right, plants in the bedroom are excellent at purifying the air of toxic compounds and indoor pollutants. Not only do they absorb harmful chemicals, they emit fresh oxygen, making your air quality better for sleeping. One great choice is the aloe vera plant which produces its oxygen at night – just when you need it!
Bowlero for a fresh, fun and lively take on knockin’ the pins. This isn’t your father’s bowling alley. Here you’ll find signature blacklight lanes, plush lane-side seating and vibrant hi-definition video walls. Add in delicious food, inventive cocktails and a cutting-edge arcade and you’ve got entertainment, shall we say, “to spare.” Bowlero.com
FLIGHTS OF FANCY In homage to our area’s iconic Pinnacle Peak, the eatery PNPK has recently opened at Pinnacle Peak and Scottsdale Roads offering comfort foods, craft beers, and one of the largest wine lists in
JUNE 30 | SurLaTable.com
Feed Your Soul Experiences
Scottsdale Fahrenheit Festival
In honor of Global Wellness Day, Four Seasons Resort Scottsdale is offering a
A new festival is coming to WestWorld this summer, featuring a trio of
full day of complimentary activities open to the public and designed to promote
Cooking Class: Great Food of the Greek Isles
events dubbed “Arms, Legs and Kegs.” In an effort to embrace Scottsdale’s
the benefits of living well. Start with a guided zen hike incorporating yoga
sweltering summer temps, the full-day event will feature a 10K race, an arm
poses along the trail ascending Pinnacle Peak, learn about the latest in spa and
wrestling competition and a celebration of Arizona’s craft brewers with an
beauty products with a trunk show, and achieve a deep level of relaxation with
ale and cocktail fest within the fest. Go ahead, bring on the heat!
a guided group meditation. Of course, adding in a healthy lunch at the resort’s acclaimed Proof restaurant is an excellent way to round out your day.
Take a virtual vacation to the Mediterranean with an evening of instruction in this fun, hands-on class led by professional chef instructors. Sur La Table at Kierland Commons presents the big and bold flavors of Greece where you’ll learn traditional Greek grilling, enhancing dishes with fresh herbs, scratch-made tzatziki sauce, and a light summertime dessert featuring Greek yogurt.
Arizona. If you’re like us and enjoy variety and options, you’ll love their menu concept dominated with flights. Choose your flights of charcuterie, bruschetta, sliders and even dessert. Bonus: Your pooch is welcome too! PNPKaz.com
june
JUNE 16 | ScottsdaleFahrenheitFestival.com
2018
JUNE 9 | FourSeasons.com/scottsdale
Could a 1031 EXCHANGE Work for You? If you own investment property and are planning to sell and purchase something different, you’ll want to consider if a 1031 Exchange might be your best strategy for maximum monetary benefit. The IRC Section 1031 tax code allows for an investor to sell a property and then reinvest the proceeds into a new property or properties, and to defer all of the capital gains taxes. This gives you the ability to keep all of the property’s equity for re-investment which can be a powerful strategy to facilitate significant portfolio growth and offer an increased return on your investment. A 1031 Exchange must be properly structured for it to be valid. There are some rules of the transaction that must be followed, and an accurate understanding of the process is important. We will refer you to a required qualified intermediary (QI) who serves as a 1031 Exchange facilitator and will advise and guide you through the specific selling and buying process. For a property to qualify, it must have been held for productive use in trade, business or investment. Likewise, the property you’ll be exchanging it for must be considered “like-kind.” Some people confuse this concept and think that they must exchange properties that have the same use. That’s not the case. It simply means you can exchange real property held for investment with any other real property held for investment. So, for instance, you could exchange raw land for a commercial site, an office building for apartments, or single-family rentals for retail.
Mother’s Grace foundation is dedicated to the support Mothers-Grace.org of mothers and children who have endured life tragedies. By providing financial, emotional and hands-on support and guidance, Mother’s Grace empowers these women to reach their goals of making a difference in their communities by helping others inflicted with similar circumstances. Mother’s Grace offers immediate help for those burdened with a devastating loss or illness with financial help for bills, medical expenses or any other service that may be required during their time of need. Mother’s Grace also supports children dealing with the loss of their mother, or in need of a mother’s mentorship. This grassroots foundation further strives to support mothers who have dealt with personal tragedy by awarding four to five grants per year to women wishing to start their own 501(c)(3) organization in an effort to help others suffering with a similar crisis.
REAL E S TAT E
602.320.8415 or Lucky@RussLyon.com
corner
GO ON STRIKE Warm up your killer bowling stance and head over to North Just about all of us could benefit from better sleeping. Whether you have trouble winding down for sleep or are prone to waking through the night, perhaps some changes in your bedroom will help improve your slumber from “so-so” to “so splendid.”
GIVE YOUR BEDROOM A BETTER-SLEEP
CHOOSE SERENITY – Calming colors for your walls and bedding really do go a long way in setting the mood for sleep. Pastel shades of blues and greens, lavenders or muted grays are a nice choice. Cool colors have been proven to help lower blood pressure and heart rate while inducing a relaxed state-of-mind.
When you are exchanging, you must exchange into property of equal or higher value. However, you may exchange one property for several, or vice versa. You can exchange property from other states. So, if you own an office complex in Minnesota for instance, you can exchange it for income-producing rental properties in Arizona.
We’ve helped many clients sell and buy while using the 1031 Exchange to their advantage. Call or email us and we’ll put you in touch with an exchange facilitator who can answer your questions and help you determine whether it’s a good option for you as well.
& NOTEWORTHY
WHAT THEY DO:
What is not allowed in an exchange is property held for personal use, or property held primarily for sale such as developed lots or fix-andflips. Second homes and vacation homes might qualify if they meet the requirements; such as you’ve personally used the property for 14 days or less of every calendar year that you’ve owned it.
Exchanges must meet a predetermined timeline as well. You must identify which property or properties you’ll be buying within 45 days from the close of escrow on the property you’re selling, and you must close on the new property or properties within 180 days.
new
SPOTLIGHT ON
Mother’s Grace foundation is dedicated to the support of mothers and children who have endured life tragedies. HOW CAN YOU HELP? In addition to helping monetarily; a donation of your time, business skills or social connections can assist this organization in meeting its goals. Mother’s Grace holds several fundraising events throughout the year in which your contribution and attendance is appreciated. Visit the website to learn how you can be of assistance.
Along those lines of rest and relaxation, surround yourself with soothing aromatherapy notes such as lavender, vanilla or ylang ylang. Spritzing your pillow with a sleep-inducing spray or putting a drop of oil on your light bulb as you settle in to read before sleep can calm and ease frayed nerves. COZY UP – Nestling into a comfortable bed is crucial for the best sleep. If your mattress isn’t as comfortable as you’d like, take the plunge and invest in the best mattress you can afford. It will be money well spent. The same goes for your
Scottsdale’s new pillow. Keep trying different materials, lofts and firmness until you find the perfect one. For bedding, choose fabrics that are soft and pleasant to the touch such as silks or high-thread-count cotton.
DELETE & DECLUTTER – As you settle into bed at night, what is in your line of sight? Your laptop? Unpaid bills? Discarded clothes on the floor? Your bag of dry cleaning to be dropped off tomorrow? Get it all out of the bedroom. Your bedroom is your respite from the rest of your busy life, so don’t allow anything in your bedroom that doesn’t make you feel happy. Instead, strive to fill your space with beautiful artwork, eye-pleasing furnishings and cherished mementos that help you recall joyful experiences you’ve had. GO AU NATUREL – We’re talking about plants here, not your sleepwear choice! That’s right, plants in the bedroom are excellent at purifying the air of toxic compounds and indoor pollutants. Not only do they absorb harmful chemicals, they emit fresh oxygen, making your air quality better for sleeping. One great choice is the aloe vera plant which produces its oxygen at night – just when you need it!
Bowlero for a fresh, fun and lively take on knockin’ the pins. This isn’t your father’s bowling alley. Here you’ll find signature blacklight lanes, plush lane-side seating and vibrant hi-definition video walls. Add in delicious food, inventive cocktails and a cutting-edge arcade and you’ve got entertainment, shall we say, “to spare.” Bowlero.com
FLIGHTS OF FANCY In homage to our area’s iconic Pinnacle Peak, the eatery PNPK has recently opened at Pinnacle Peak and Scottsdale Roads offering comfort foods, craft beers, and one of the largest wine lists in
JUNE 30 | SurLaTable.com
Feed Your Soul Experiences
Scottsdale Fahrenheit Festival
In honor of Global Wellness Day, Four Seasons Resort Scottsdale is offering a
A new festival is coming to WestWorld this summer, featuring a trio of
full day of complimentary activities open to the public and designed to promote
Cooking Class: Great Food of the Greek Isles
events dubbed “Arms, Legs and Kegs.” In an effort to embrace Scottsdale’s
the benefits of living well. Start with a guided zen hike incorporating yoga
sweltering summer temps, the full-day event will feature a 10K race, an arm
poses along the trail ascending Pinnacle Peak, learn about the latest in spa and
wrestling competition and a celebration of Arizona’s craft brewers with an
beauty products with a trunk show, and achieve a deep level of relaxation with
ale and cocktail fest within the fest. Go ahead, bring on the heat!
a guided group meditation. Of course, adding in a healthy lunch at the resort’s acclaimed Proof restaurant is an excellent way to round out your day.
Take a virtual vacation to the Mediterranean with an evening of instruction in this fun, hands-on class led by professional chef instructors. Sur La Table at Kierland Commons presents the big and bold flavors of Greece where you’ll learn traditional Greek grilling, enhancing dishes with fresh herbs, scratch-made tzatziki sauce, and a light summertime dessert featuring Greek yogurt.
Arizona. If you’re like us and enjoy variety and options, you’ll love their menu concept dominated with flights. Choose your flights of charcuterie, bruschetta, sliders and even dessert. Bonus: Your pooch is welcome too! PNPKaz.com
june
JUNE 16 | ScottsdaleFahrenheitFestival.com
2018
JUNE 9 | FourSeasons.com/scottsdale
20 18
When it comes to the North Scottsdale lifestyle and area Real Estate, The Luckys are proud to be the eminent source for their clients.
J U N E
With 100s of millions of dollars in sales under their belts,
Lisa | Matt | Laura
The Luckys are honored to be reputed as the most proficient and skilled in the industry.
602.320.8415 | Lucky@RussLyon.com View more luxury listings at LisaLucky.com
In This Issue COMMUNITY CONNECTION ________________ Spotlight on: Mother's Grace
offered at
$1,435,000 ________ MLS #5699813
Hurry – this home WILL NOT last long! Come see this spectacular brand new 2018 custom home with today's most sought-after finishes. The main home has a split great
Pinnacle Peak Ranchos
room floor plan and the guest casita has its own entrance
5 Bed
and a complete kitchenette. Incredible views from the 4.46-
5 Bath
acre lot also offers plenty of room for additional car or RV garage and/or horse facilities. The master suite is spacious and well-appointed, the gourmet kitchen has Wolf and Thermador appliances, and the backyard includes a heated saltwater pool and spa, water feature, gas firepit, BBQ, beverage refrigerator, artificial turf, lush landscaping, and
3,925 SQ FT
HOORAY FOR DAD! They guide, they protect, they encourage and they inspire. Dads are such an important part of our lives, and here we celebrate just what makes a man more than a father, it’s what makes him a dad! “ A father is neither an anchor to hold us back nor a sail to take us there, but a guiding light whose love shows us the way." —Unknown
REAL ESTATE CORNER ________________ Could a 1031 Exchange Work for You?
" I believe that what we become depends on what our fathers teach us at odd moments, when they aren't trying to teach us. We are formed by the little scraps of wisdom." —Umberto Eco
YOUR HOME ________________ Give Your Bedroom a Better-Sleep Makeover
" My father gave me the greatest gift anyone could give another person: He believed in me." —Jim Valvano
AROUND TOWN ________________ Scottsdale Events to Enjoy in June NEW & NOTEWORTHY ________________ People, Places & Things to Know About
" My father didn't tell me how to live. He lived and let me watch him do it." —Clarence Budington Kelland " Lately all my friends are worried they're turning into their fathers. I'm worried I'm not." —Dan Zevin " Dads are most ordinary men turned by love into heroes, adventurers, story-tellers, and singers of song." — Pam Brown
" It's only when you grow up and step back from him—or leave him for your own home—it's only then that you can measure his greatness and fully appreciate it." —Margaret Truman " The quality of a father can be seen in the goals, dreams and aspirations he sets not only for himself, but for his family." —Reed Markham
FEATURED PROPERTY ________________ Spectacular Custom Home in Pinnacle Peak Ranchos
a dedicated pool bath featuring a full shower. Everything in this new build is complete – just move in and enjoy!
31225 N. Black Cross Road | Scottsdale, AZ 85266 CORPORATE OFFICE:
CONTACT:
The Luckys North Scottsdale 7669 East Pinnacle Peak Road, Suite 110 Scottsdale, AZ 85255
602.320.8415 Lucky@RussLyon.com LisaLucky.com