Key Community in Kyle, Texas with New Construction

Kyle, Texas continues to see significant growth and development to provide more upscale and mainstream restaurants and retail stores. Kyle has plans to get its own extraordinary version of the Domain, which is to be located off Kohlers Crossing and FM 1626. Kyle is know for it's small town feel just minutes from all the big cities nearby. They recently completed their Heroes Memorial Park and have plans to also provide a more upscale hotel convention center and updated police headquarters to ensure this continues to be a great place to work, live, and play.

They are making this city an even more appealing place for homebuyers, with their affordability and proximity to those hill country views. Here are a few of the key communities in Kyle, Texas:

1. Anthem: Has an amenity center with pool, community garden, and surround protected greenbelt with walking trails. They also have a combo basketball/pickle ball court and hammock grove. They also have several builders and floor plans in this key community in Kyle, Texas with prices starting in the low 300s check out a couple of them here:

• Perry Homes

  • Brightland Homes

  • Ashton Woods

  • Scott Felder Homes

2. 6 Creeks: This key community in Kyle, Texas with new construction offers a Community center with a pool, walking trails, pickle ball court, community clubhouse, kids park, and a fishing pond. They also have several builders and floor plans in the his key community in Kyle, Texas with prices starting in the high 300s check out a couple of them here:

• Perry Homes

• Highland Homes

• Coventry

• Taylor Morrison

• Pulte

3. Plum Creek: Known for its family-friendly atmosphere, Plum Creek is a key community in Kyle, Texas with new construction that offers various housing options, from single-family homes to townhomes. It features amenities such as parks, pools, and a golf course. They also have several floor plans in the community with prices starting in the low 300s check out a couple of them here:

• Claremont Collection Lennar

• Highlands Collection by Lennar

• Whitehall Collection by Lennar

4. Crosswinds: This community offers a range of home styles and sizes, making it suitable for various needs. It includes a pool, playscape, and walking trails, catering to families and individuals. They also have several builders and floor plans in this key community in Kyle, Texas with new construction with prices starting in the low 300s check out a couple of them here:

• Perry Homes

• Pacesetter Homes Texas

• Pulte Homes

• Highland Homes

• Brightland Homes

• Milestone Community Builders

Each of these communities has its unique characteristics, and the choice largely depends on individual preferences regarding home styles, community amenities, and location. When considering a home purchase in Kyle, it's essential to explore some of these key community in Kyle, Texas with new construction firsthand, consider your lifestyle needs, and consult with a knowledgeable real estate agent to help you find the best fit for you and your family.

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Sources:

• https://communityimpact.com/austin/san-marcos-buda-kyle/development/2021/02/16/from-urbana-to-uptown-plum-creek-development-projects-will-change-fabric-of-kyle/

• https://www.kxan.com/news/local/hays/kyles-billion-dollar-uptown-area-moves-forward/
  

Home Building Process Step by step - New Construction

Once you have the blueprints and CAD files for your home, you can follow a general process to build the home.

As you enter into each phase of the building process you should even consider obtaining inspections of the property at various stages to ensure the property is being built up to code. Read our previous article about the home inspection process. Here are the typical steps involved in the home construction process:

1. Obtain Necessary Permits: Before starting any construction, you'll need to obtain the required building permits from the local authorities. This usually involves submitting the blueprints and other relevant documents for approval.

2. Site Preparation: Clear the construction site by removing any obstructions, vegetation, or debris. Level the ground and prepare it for construction.

3. Foundation Construction: Excavate the site to create the foundation. The specific type of foundation will depend on the design of the house and local building codes. It could be a slab foundation, crawl space, or basement. Pour the concrete and let it cure.

4. Framing: Construct the structural frame of the house using the specified materials (wood, steel, or other). This includes erecting walls, floors, and the roof structure. Install windows, exterior doors, and roof sheathing.

5. Plumbing, Electrical, and HVAC: Rough-in the plumbing, electrical, and HVAC (heating, ventilation, and air conditioning) systems according to the design plans. This involves installing pipes, wires, outlets, switches, ductwork, and HVAC equipment.

6. Insulation: Install insulation in the walls, floors, and attic to improve energy efficiency and provide thermal comfort.

7. Interior Finishes: Proceed with interior work, including installing drywall, painting walls, laying flooring, and hanging doors. This is also the stage where cabinetry, countertops, and other fixtures are installed.

8. Exterior Finishes: Apply exterior finishes such as siding, stucco, brickwork, or other materials specified in the blueprints. Install gutters, downspouts, and complete any landscaping work thats necessary.

9. Plumbing and Electrical Fixtures: Install plumbing fixtures like sinks, toilets, showers, and bathtubs. Connect electrical fixtures such as light fixtures, outlets, and switches.

10. Final Touches: Complete any remaining work, such as installing trim, baseboards, and interior/exterior painting. Conduct a thorough inspection to ensure compliance with building codes and address any deficiencies.

11. Final Inspections: Schedule final inspections with the local authorities to obtain the necessary certificates of occupancy or compliance.

12. Utilities Connection: Connect the home to utility services such as water, electricity, gas, and sewage systems.

13. Clean Up: Remove any construction debris from the site and clean the interior to prepare for occupancy.

It's important to note that the process may vary depending on factors such as local regulations, the complexity of the design, the size of the home, and the availability of skilled labor. Hiring a general contractor or working with a construction team can help streamline the process and ensure the work is carried out efficiently and is up to code.

Recommended Home Builders:

1. DR. Horton

2. Perry Homes

3. Highland homes

4. Ashton Woods

5. Starlight Homes

6. Taylor Morrison

7. Bloomfield

8. America Legend Homes

9. CB JENI Homes

10. Trophy Signature Home

11. HistoryMaker Homes

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CONSIDER PUTTING YOUR LLC INTO A TRUST

For asset protection, estate planning, and privacy concerns, some investors and business owners think about putting their Limited Liability Company (LLC) into a trust. Which means that your objectives, the circumstances, and the laws governing your area will determine whether or not this is an appropriate course of action for your particular case. The following are some justifications for thinking about putting your LLC in a trust:

1. Asset Protection: Adding a trust to your LLC can give your company's assets an extra degree of security. Because the assets are owned by the trust rather than the LLC directly, it may be more difficult for creditors to access them if your LLC is sued or has other legal obligations.

2. Estate Planning: To guarantee a seamless transfer of assets to beneficiaries following your death, trusts are frequently utilized in estate planning. You can choose how your LLC will be run and passed on to heirs without going through probate, which could save time and money, by putting your LLC into a trust.

3. Privacy: Since the ownership of assets maintained in a trust is not usually a subject of public record, trusts do provide some privacy. If you are worried about maintaining the privacy of your company ownership details, a trust may provide some degree of anonymity.

4. Succession Planning: Putting your LLC in a trust can assist create a clear strategy for who will take over the company in the event that you die away or become incompetent. It can be very crucial for business continuity to do this.

5. Creditor Protection: Assets maintained in a trust may be shielded from your personal creditors by the laws of your jurisdiction, depending on the type of trust you choose. This offers an extra layer of protection for your business interests.

6. Tax Planning: There are tax benefits to certain kinds of trusts, like irrevocable trusts, with regard to gift and estate taxes. To fully comprehend the possible tax ramifications, speaking with a tax expert is imperative.

7. Flexibility: There are several types of trusts, including family trusts, irrevocable trusts, and revocable living trusts. The trust structure can be customized to fit your unique goals and requirements.

Types of Trusts You Can Use for an LLC

The three main types of trusts that are commonly used with LLC asset transfers are revocable trusts, irrevocable trusts, and asset protection trusts. Each type has pros and cons for holding LLC assets.

• Revocable trusts (also known as living trusts) are trusts that can be changed or canceled during the lifetime of the grantor (the person who establishes the trust). The grantor can name themselves as the trust beneficiary (the person who receives a benefit from the trust) as well as the trust’s trustee (the person who has the right to manage trust assets, including any business interests). Using a revocable trust allows you to avoid probate, control the LLC, and receive income from the trust as the beneficiary during your lifetime. The trust can be set up in such a way that, upon your death or incapacity, a new trustee and a new beneficiary (or beneficiaries) are named. However, as long as you are still alive and maintain control over the trust, the trust assets could be subject to creditors’ claims.

• Irrevocable trusts, unlike revocable trusts, cannot be changed or canceled after they are created. The advantage of an irrevocable trust is that creditors cannot go after the assets of the trust’s grantor. However, if an LLC is held in an irrevocable trust, the grantor loses access and control over the LLC, as somebody other than the grantor will presumably be named as trustee and beneficiary. This also means that the grantor loses any income from an LLC that is placed in a trust.

• Asset protection trusts (also called self-settled trusts) allow LLC owners to enjoy both the ownership and control benefits of a revocable trust and the asset protection benefits of an irrevocable trust. These types of trusts are highly specialized and quite complicated from a legal standpoint. Although they are required to be irrevocable, they can also allow you to receive distributions from the trust as the beneficiary and specify who will receive your LLC membership interests when you die. Not all states allow domestic asset protection trusts, but you do not have to be a resident to establish a trust in a specific state. Foreign, or offshore, asset protection trusts are another possibility.

8. Avoiding Probate: Generally speaking, assets held in a trust are exempt from the lengthy and expensive probate process. This can make heirs' wealth transfers easier.

Placing your LLC into a trust can offer various benefits, it can also involve legal complexities and administrative responsibilities. Thus, it is key to ensure you consult with legal and financial professionals before makings this decision.

Sources:

1. ChatGPT

2. https://hjlawfirm.com/why-you-should-consider-putting-your-llc-into-a-trust/