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Arizona, often referred to as the Grand Canyon State, is rapidly becoming one of the top relocation destinations in the United States. With its breathtaking landscapes, thriving job market, and unique lifestyle, Arizona offers something for everyone. Here are the top reasons why you should consider making Arizona your new home.

1. Stunning Natural Beauty

Arizona is home to some of the most awe-inspiring natural wonders in the world. From the iconic Grand Canyon to the red rocks of Sedona and the sprawling deserts filled with saguaro cacti, the state offers diverse and picturesque scenery. Outdoor enthusiasts can enjoy hiking, biking, camping, and photography year-round.

2. Warm Climate

If you love sunshine, Arizona is the place for you. With over 300 days of sunshine annually, the state boasts a warm, dry climate that’s perfect for those who prefer mild winters and hot summers. The lack of humidity makes even the hottest days more bearable.

3. Affordable Cost of Living

Compared to many coastal states, Arizona offers a more affordable cost of living. Housing, utilities, and everyday expenses are generally lower, making it an attractive option for families, retirees, and young professionals looking to stretch their budgets without sacrificing quality of life.

4. Thriving Job Market

Arizona’s economy is booming, with strong growth in industries such as technology, healthcare, education, and finance. Major cities like Phoenix and Tucson offer numerous employment opportunities, and the state’s business-friendly environment encourages entrepreneurship and innovation.

5. Diverse Communities and Culture

Arizona is a melting pot of cultures, with vibrant communities that celebrate diversity through festivals, art, music, and cuisine. The state’s rich Native American heritage adds depth to its cultural tapestry, providing unique experiences for residents and visitors alike.

6. Outdoor Recreation

Whether it’s golfing on world-class courses, exploring national parks, or enjoying water activities on lakes and rivers, Arizona is a haven for outdoor recreation. The state’s varied landscapes mean there’s always something new to discover, from snow-capped mountains to desert valleys.

7. Excellent Education Opportunities

Arizona is home to top-rated universities and colleges, including Arizona State University and the University of Arizona. The state also offers a range of quality public and private schools, making it an ideal place for families with children.

8. Health and Wellness Lifestyle

With its clean air, outdoor activities, and focus on healthy living, Arizona promotes a wellness-oriented lifestyle. The abundance of sunshine contributes to better mental health, and the state’s numerous spas and wellness retreats offer relaxation and rejuvenation.

9. Retirement-Friendly Environment

Arizona is a popular retirement destination due to its warm climate, affordable living, and excellent healthcare facilities. The state has numerous active adult communities designed to cater to retirees seeking an engaging and fulfilling lifestyle.

10. Proximity to Travel Destinations

Located in the Southwest, Arizona offers easy access to neighboring states like California, Nevada, and New Mexico. Whether you want to take a road trip to the beaches of San Diego or the bright lights of Las Vegas, adventure is always within reach.

Relocating to Arizona means embracing a life filled with natural beauty, economic opportunities, and a vibrant, diverse culture. Whether you’re seeking a new career, a retirement haven, or simply a change of scenery, Arizona offers the perfect blend of lifestyle, affordability, and adventure. So, why wait? Discover the Grand Canyon State and find your new home under the endless Arizona sky.

Scottsdale is a dream destination in February, offering pleasant weather, exciting events, and stunning desert landscapes. Whether you’re a local looking for fun activities or a visitor exploring for the first time, there’s plenty to do this month. Here’s your guide to the best things to do in Scottsdale in February!

1. Attend the Scottsdale Arabian Horse Show (Feb 15-25, 2025)

This world-renowned event at WestWorld of Scottsdale is a must-see for horse lovers. Witness the beauty and agility of Arabian horses in various competitions while enjoying shopping, food vendors, and family-friendly entertainment.

2. Experience the Waste Management Phoenix Open (Feb 5-11, 2025)

Known as “The Greatest Show on Grass,” this PGA Tour event at TPC Scottsdale is a thrilling experience for golf fans and party-goers alike. The famous 16th hole creates an electric atmosphere, and there are plenty of entertainment options off the course.

3. Explore Old Town Scottsdale

February’s mild temperatures make it the perfect time to wander through Old Town Scottsdale. Enjoy boutique shopping, art galleries, wine tasting rooms, and fantastic dining. Don’t miss the weekly Scottsdale ArtWalk on Thursday evenings!

4. Take a Hot Air Balloon Ride

Drift over the stunning Sonoran Desert at sunrise for breathtaking views. With cooler temperatures and clear skies, February is an ideal time for a hot air balloon adventure.

5. Hike the McDowell Sonoran Preserve

Scottsdale’s trails are at their best in February. Popular hikes like Tom’s Thumb, Pinnacle Peak, and Gateway Loop offer scenic views, comfortable temperatures, and the chance to see early spring wildflowers.

6. Celebrate Western Week (Feb 3-11, 2025)

Immerse yourself in Scottsdale’s cowboy culture during Western Week, featuring the Parada del Sol Parade & Trail’s End Festival (Feb 3). Expect live music, a rodeo, Native American art, and a celebration of the city’s Wild West roots.

7. Visit the Desert Botanical Garden

February is an excellent time to see the garden in bloom. Enjoy the lush desert landscape, seasonal events, and the mesmerizing Sonoran Sippin’ evenings, where you can enjoy drinks and live music.

8. Indulge in Scottsdale’s Culinary Scene

From Arizona Restaurant Week deals to luxury dining experiences, Scottsdale is a foodie’s paradise. Enjoy rooftop dining, authentic Southwestern flavors, and the city’s top-notch wine and cocktail bars.

9. Catch a Spring Training Game (Late February)

Baseball fans rejoice! Cactus League Spring Training kicks off in late February, bringing MLB teams like the San Francisco Giants, Colorado Rockies, and Arizona Diamondbacks to Scottsdale’s stadiums.

10. Enjoy the Scottsdale Waterfront Fine Art & Wine Festival (Feb 9-11, 2025)

This elegant outdoor festival showcases fine art, wine tastings, and live music along the picturesque Scottsdale Waterfront. It’s a perfect way to spend a February afternoon.

February is one of the best months to experience Scottsdale, with its mix of world-class events, outdoor adventures, and vibrant cultural attractions. Whether you’re looking for sports, arts, or relaxation, there’s something for everyone. So grab your sunglasses, head out, and make the most of Scottsdale in February!

What are your favorite Scottsdale activities in February? Let us know in the comments!

Welcome to Iconic Estates: Your Gateway to Arizona’s Luxurious Lifestyle

Iconic Estates offers an exclusive pass into the opulent world of Arizona luxury real estate and lifestyle. What began as a simple newsletter in 2020 has evolved into a multifaceted platform, now featuring both a newsletter and a dynamic podcast. This expansion reflects our commitment to bringing you closer to the pinnacle of high living.

Our podcast serves as the perfect guide not just for architecture buffs and interior design enthusiasts but also for potential luxury homebuyers and seasoned real estate investors. Each episode is meticulously crafted, presenting a rich tapestry of insights into the high-end property market. We go beyond the surface to explore the intricacies of prestigious properties and the captivating stories behind their grand facades.

At Iconic Estates, we believe in creating content that both captivates and educates. Our podcast isn’t merely a series of discussions—it’s an ICONIC experience. With each episode, we ensure that there is something remarkable to captivate every listener, whether you’re looking to be inspired by beautiful designs, considering purchasing a luxury home, or simply curious about the lifestyle that accompanies such exclusive dwellings.

Join us on this journey through the world of luxury and elegance. Iconic Estates is more than just a podcast; it’s your front-row seat to the most exquisite properties and lifestyles in Arizona. Whether you’re a long-time real estate enthusiast or new to the world of luxury living, prepare to be enthralled by what Iconic Estates has to offer.

Arizona, with its breathtaking landscapes, warm climate, and bustling tourism industry, is an excellent location for vacation rental investments. From the red rocks of Sedona to the golf courses of Scottsdale and the Grand Canyon’s awe-inspiring beauty, Arizona attracts millions of visitors annually. For real estate investors, the vacation rental market offers significant income potential, but success requires careful planning and informed decision-making. Here’s a step-by-step guide on how to invest in Arizona vacation rentals.

1. Understand the Market

Arizona’s vacation rental market is diverse, catering to various types of travelers. Popular destinations like Phoenix, Scottsdale, Sedona, and Flagstaff each have unique characteristics that influence demand. For instance:

• Scottsdale: Known for luxury accommodations, golf resorts, and spring training events.
• Sedona: Famous for its red rock formations, hiking trails, and spiritual retreats.
• Flagstaff: A gateway to the Grand Canyon and a hub for outdoor enthusiasts.

Research market trends, seasonal demand, and average nightly rates for vacation rentals in your target area. Tools like AirDNA or Mashvisor can provide valuable data to help you understand occupancy rates and potential revenue.

2. Know Local Regulations

Vacation rental laws vary by city and can significantly impact your investment. Some Arizona cities have strict regulations for short-term rentals, including licensing, tax collection, and occupancy limits. For example:

• Scottsdale and Phoenix require short-term rental owners to register with the city and pay transaction privilege taxes (TPT).
• Sedona has zoning restrictions that limit short-term rentals in certain areas.

Ensure you comply with local laws to avoid fines or legal issues.

3. Choose the Right Property

The property’s location, size, and amenities play a crucial role in attracting guests. Consider:

• Location: Proximity to popular attractions, dining, and outdoor activities.
• Amenities: Pools, hot tubs, high-speed Wi-Fi, and fully equipped kitchens are highly desirable.
• Curb Appeal: A well-maintained exterior and stylish interior design can make your listing stand out.

Work with a real estate agent experienced in vacation rental investments to find properties with high ROI potential.

4. Secure Financing

Vacation rental properties often require a larger down payment (typically 20-30%) compared to primary residences. Explore your financing options, such as:

• Conventional Loans: Ideal for investors with strong credit and significant down payments.
• Vacation Rental Loans: Specialized loans tailored for short-term rental properties.
• Cash Purchases: If possible, paying in cash can give you a competitive edge in Arizona’s hot real estate market.

5. Calculate Expenses and ROI

Understanding the costs associated with vacation rentals is essential for profitability. Common expenses include:

• Mortgage Payments: Principal, interest, taxes, and insurance.
• Property Management: If you hire a professional company, expect to pay 15-25% of your rental income.
• Maintenance and Repairs: Regular upkeep is essential to keep your property guest-ready.
• Utilities and Supplies: Include electricity, water, internet, and essentials like linens and toiletries.

Use tools like rental property calculators to estimate your net operating income (NOI) and return on investment (ROI).

6. Stage and Market Your Property

To attract guests, invest in professional staging and high-quality photos for your listing. Platforms like Airbnb, VRBO, and Booking.com are great for reaching a wide audience. Highlight unique features, local attractions, and guest experiences in your property description.

7. Provide an Excellent Guest Experience

Positive reviews are critical for maintaining high occupancy rates. Ensure your property is clean, well-maintained, and stocked with amenities. Consider offering:

• Welcome gifts like snacks or local guides.
• Prompt responses to guest inquiries.
• A contactless check-in and check-out process.

8. Consider Professional Management

Managing a vacation rental can be time-consuming. Hiring a property management company can help with marketing, guest communication, and maintenance. While this reduces your workload, it’s important to vet companies carefully to ensure they align with your goals.

9. Monitor and Optimize Performance

Regularly review your property’s performance and make adjustments as needed. Analyze occupancy rates, guest reviews, and market trends to identify areas for improvement. Dynamic pricing tools can help you adjust rates based on demand and maximize revenue.

Conclusion

Investing in Arizona vacation rentals can be a lucrative venture if done correctly. By understanding the market, adhering to regulations, choosing the right property, and prioritizing guest satisfaction, you can build a successful portfolio in this vibrant state. Whether you’re drawn to the desert’s tranquility or the excitement of urban hotspots, Arizona offers a wealth of opportunities for vacation rental investors.

Scottsdale, AZ — As the anticipation builds for the prestigious Barrett-Jackson auction in Scottsdale and the RM Sotheby’s Scottsdale Auctions, Russ Lyon Sotheby’s International Realty is delighted to present a carefully curated collection of luxury properties, each boasting extraordinary features for car enthusiasts and collectors. These homes represent the pinnacle of luxury real estate combined with automotive passion.

Discover Our Featured Properties:

1. 11015 E Troon Mountain Drive – The Mountain Estate

• Listing Agent: Peter Zaidan
• Price: $5,950,000
• Nestled in the heart of North Scottsdale, this modern glass masterpiece captures breathtaking views of Pinnacle Peak and Troon Mountain. The home boasts a dream garage for any car collector and seamless integration of indoor and outdoor living, emphasized by its stunning water features and expansive glass walls. The showcase garage, with its views of dramatic sunsets and sunrises, complements the daily-use garage that accommodates lifts for practicality and style.

2. 10101 E Happy Valley Road – The Modern Marvel

• Listing Agent: Peter Zaidan
• Price: $6,995,000
• Perched atop its own private mountain, this estate offers unrivaled privacy and grandeur with sprawling views through massive glass doors and windows. The estate’s potential for a custom 2000+ sq ft garage makes it a haven for car aficionados, ready to be transformed into a secure haven for prized automotive collections.

3. 28110 N 96th Place – The Architect’s Dream

• Listing Agent: Michelle Sarocka
• Price: $8,400,000
• Designed by the renowned C.P. Drewett, this modern home in Estancia blends mid-century aesthetics with the rugged beauty of Scottsdale. The luxury car lounge, a 1,322 sq ft pavilion of automotive excellence, is ideal for showcasing your collection and entertaining guests amidst the backdrop of Arizona’s picturesque landscapes.

4. 4880 E Lone Mountain Road N – The Desert Contemporary

• Listing Agents: Kathleen Benoit, Bee Francis, Monique Pacurariu
• Price: $6,500,000
• This architectural wonder in Seven Sisters Estates integrates luxury with the desert’s natural beauty. The home features a seven-car garage with lift capabilities and a sleek elevator, offering a seamless blend of elegance and functionality designed for the discerning car enthusiast and luxury seeker.

5. 10739 E Diamond Rim Drive – The Lumière Estate

• Listing Agents: Allan MacDonald & Cari Dandy
• Price: $25,000,000
• The Lumière redefines modern Mediterranean luxury in the prestigious Horseshoe Canyon of Silverleaf. Beyond its French-inspired aesthetics, the estate features an expansive garage setup capable of accommodating up to 16 vehicles, designed for the ultimate collector.

6. 4601 E Desert Cove Ave – The Collector’s Compound

• Listing Agent: Jeff Fields
• Price: $2,000,000
• This unique estate not only features multiple air-conditioned garages with lift installations but also offers extensive facilities including RV parking and horse stalls, making it a rare find in Phoenix for collectors who cherish versatility and functionality.

7. 12913 N 119th Street – The Hilltop Haven

• Listing Agent: Michele Geweniger
• Price: $5,600,000
• Located in a guard-gated golf club community, this home sits at the pinnacle of privacy and panoramic views. It’s designed to host with a theater, billiard room, and a garage that can transform to hold up to 11 vehicles, providing the ultimate sanctuary for entertainment and automotive excellence.

These properties represent just a glimpse of what Russ Lyon Sotheby’s International Realty offers to those who seek extraordinary homes with exceptional facilities for car collections. As the automotive world converges on Scottsdale, these homes stand ready to impress the most discerning buyers and collectors.

________

For more information, contact:
Alexandra Baum – Marketing Director
Russ Lyon Sotheby’s International Realty
[email protected]
russlyon.com

Creating Your Dream Space in the New Year

As the new year unfolds, it brings a fresh start and an opportunity to reimagine your surroundings. Your living space is more than just walls and furniture; it’s a reflection of your personality, a haven of comfort, and a place that inspires productivity and relaxation. Here’s how you can create your dream space in 2025, turning your home into a sanctuary that supports your goals and enhances your lifestyle.

Step 1: Define Your Vision

Start by envisioning what your dream space looks and feels like. Ask yourself:

• What emotions do you want your space to evoke? (e.g., calm, energizing, cozy)
• What activities will this space support? (e.g., working, entertaining, relaxing)
• Are there specific styles, colors, or themes that resonate with you?

Creating a mood board—whether digitally on platforms like Pinterest or physically with magazine cutouts—can help clarify your ideas and keep your inspiration focused.

Step 2: Declutter and Assess

A dream space often starts with a clean slate. Declutter your home by letting go of items that no longer serve a purpose or bring you joy. Donate, recycle, or repurpose belongings to make room for the new. As you declutter, assess your space for its strengths and challenges. Note elements like lighting, layout, and storage potential to understand what adjustments will make the most impact.

Step 3: Set a Budget and Plan

Dream spaces don’t have to break the bank. Determine your budget and prioritize changes that will bring the most value and satisfaction. Decide whether you’ll tackle the transformation yourself or hire professionals for tasks like painting, furniture assembly, or custom installations. Break your plan into manageable steps, focusing on one room or area at a time.

Step 4: Embrace the Power of Color and Texture

Colors and textures play a significant role in shaping the atmosphere of a room. Consider:

• Paint: Fresh paint can transform a space. Choose colors that align with your desired mood. For example, soft blues and greens for tranquility, or bold jewel tones for drama.
• Textures: Layering textures with rugs, throws, and cushions can add depth and warmth. Balance smooth, sleek surfaces with cozy, tactile elements.

Step 5: Invest in Key Pieces

Your dream space should feature items that bring joy and functionality. Invest in key pieces like a comfortable sofa, a supportive office chair, or statement art that resonates with your style. Remember, quality often outweighs quantity when it comes to creating a space that lasts.

Step 6: Personalize and Accessorize

Make your space uniquely yours by incorporating personal touches. Display family photos, souvenirs from travels, or artwork that inspires you. Plants can also breathe life into your home, improving air quality and adding a sense of vitality.

Step 7: Maximize Functionality

Whether you’re designing a cozy nook or a multifunctional living room, prioritize functionality. Use furniture that doubles as storage, create zones for different activities, and ensure your space is both beautiful and practical. Lighting is crucial too; layer ambient, task, and accent lighting to enhance both form and function.

Step 8: Maintain Your Space

A dream space requires regular care to stay that way. Develop habits that keep clutter at bay, and periodically refresh your decor to keep things feeling new and exciting. Seasonal updates, like swapping cushions or adding seasonal flowers, can make a big difference.

Final Thoughts

Creating your dream space in the new year is a rewarding project that blends creativity, intention, and practicality. By taking it step by step and infusing your personality into every detail, you can transform your home into a space that uplifts and supports you in 2025 and beyond. So grab that notebook, sketch your ideas, and start the journey toward your dream space today!

As we step into a new year, it’s the perfect time to reflect, reset, and plan for the exciting opportunities ahead. Whether you’re a homeowner, a prospective buyer, or a seasoned investor, the beginning of a new year offers a chance to reevaluate your goals and take meaningful steps toward achieving them in the ever-dynamic world of real estate.

Reflect on the Past Year

Before setting your sights on the future, take a moment to look back on the past year. How did your real estate journey evolve? Did you achieve your goals, or did unexpected challenges arise? Whether you closed on your dream home, invested in a new property, or simply started exploring the market, each milestone is worth celebrating.

If the past year included setbacks, consider the lessons learned. Every challenge in real estate—from fluctuating market conditions to complex transactions—teaches us resilience and adaptability. These insights will empower you as you navigate the year ahead.

Set Real Estate Goals for the Year Ahead

The start of the year is a fantastic time to set clear, actionable goals. Here are a few ideas to inspire your 2024 real estate resolutions:

• Buy Your First Home: If homeownership has been on your mind, this could be your year to make it happen. Begin by evaluating your financial readiness, researching neighborhoods, and connecting with a trusted real estate agent.
• Upgrade Your Living Space: Perhaps you’ve outgrown your current home or are seeking a lifestyle change. Start outlining what your ideal home looks like, from size and layout to location and amenities.
• Invest in Real Estate: Real estate remains one of the most reliable long-term investments. Consider exploring options like rental properties, vacation homes, or commercial spaces.
• Declutter and Organize: Even if you’re not planning to buy or sell, sprucing up your current home can make a big difference. Decluttering not only enhances your living space but also increases your home’s market value.

Trends to Watch in 2025

The real estate market is always evolving, and staying informed about the latest trends is crucial. Here are a few predictions for the coming year:

• Sustainability and Green Homes: Energy-efficient homes and eco-friendly features will continue to gain popularity as buyers prioritize sustainability.
• Technology in Real Estate: From virtual tours to smart home features, technology will play an even greater role in how properties are marketed and purchased.
• Suburban and Secondary Market Growth: Many buyers are looking beyond major cities, seeking affordability and quality of life in suburban or secondary markets.
• Flexible Spaces: With remote work here to stay, homes with dedicated office spaces or multi-purpose rooms are in high demand.

Partner with a Trusted Agent

Whether your goal is to buy, sell, or invest, partnering with a knowledgeable real estate professional is essential. An experienced agent can provide insights into market trends, guide you through the transaction process, and ensure you make informed decisions.

Make This Year Your Best Yet

As we welcome 2025, let’s embrace the opportunities it brings. The real estate journey is unique for everyone, and with careful planning and expert guidance, you can achieve your goals. Here’s to a prosperous and fulfilling year ahead in real estate!

Multiple Santa Cruz County properties belonging to former County Treasurer Elizabeth Gutfahr were listed for sale late last month, with some plots of land already in the process of being turned over to new hands.

Gary Brasher, a Tubac-based real estate agent with Russ Lyon Sotheby’s International Realty, said the firm will be responsible for selling a total of 15 of Gutfahr’s properties: 14 in Santa Cruz County and one home in Tucson.

As of Dec. 13, Brasher said, he had already sold one plot of 35.5 acres of vacant land on Camino Agua Fria. Online records show the property, zoned General Rural, was sold for $52,500.

Another six parcels in Santa Cruz County are listed for sale: five empty plots of land on Camino Kansas and another on Vía San Cayetano.

Online records show that contracts are pending for three of the five Gutfahr properties on Camino Kansas on the southwestern edge of Rio Rico: One 1.3-acre and two 1.5-acre plots of land, zoned R-1 Residential, each listed for $6,000.

“The buyers are local individuals,” Brasher said. ”So that’s good news.”

A 1.6-acre property on Camino Kansas remains available for $6,000, while a 2.5-acre plot is still on the market for $8,500. Both properties are zoned R-1 Residential, online real estate records show.

Another available listing consists of 6.87 acres of unimproved land on Vía San Cayetano in northeastern Rio Rico for a price of $32,000. It is zoned R-2 residential, according to online records.

Santa Cruz County officials also moved forward with selling other Gutfahr assets this week. On Thursday, the county shared a web link for an online sale of used ranching and farming equipment, and noted that items will be listed on a rolling basis.

As of Dec. 13, about 25 items were listed for sale – including tractors, trailers, forklifts, loaders, mowers and ATVs. The prices ranged from $200 to $32,000.

More listings to come

Gutfahr’s properties became tied under a receivership after Santa Cruz County officials filed a civil lawsuit against her for embezzlement of public funds. The receivership also includes assets of husband David Gutfahr, her son Davian Gutfahr, and her daughter-in-law Ana Gutfahr.

According to a receivership report, MCA Financial Group estimates that Santa Cruz County could recover roughly $10 million to $12.6 million from the sales of assets identified in the receivership. Those estimates reflect discounted amounts that will be used to pay for the receivership.

The property sales in recent weeks come after a Pima County Superior Court judge approved for the receiver, MCA Financial Group, to sell Gutfahr’s properties. Those proceeds will be retained under the receivership until the judge makes a final decision on the case, court records state.

These first listings are relatively small compared to other properties expected to go on the market soon. For instance, Brasher said, four properties on Santa Gertrudis Lane will go on the market later this month, including Gutfahr’s multimillion dollar San Cayetano Ranch and a property belonging to her son Davian Gutfahr.

As Brasher works to place the properties on the market, a separate company is preparing an estate sale of Gutfahr’s belongings. However, the company – J&J Estate Sales – was still working to retrieve items from one of the Santa Gertrudis Lane homes, Brasher said.

“So that one might lag the other ones a little bit, but that’ll be on the market ultimately,” he said, adding that a date for the estate sale has not yet been set but could be expected some time in 2025.

Brasher said MCA Financial Group is working with other realtors to prepare the sales for Gutfahr’s cabin in Pinetop and another property in the Mexican beach town of San Carlos, Sonora.

The future of other Gutfahr properties remains in limbo, Brasher said. Plans for her ranch in Lochiel, for instance, are still being hashed out. Brasher said that Keith Bierman of MCA Financial Group is working alongside county officials to decide how to proceed with the Lochiel parcels of land that include a family cemetery and chapel.

“I believe he’s working cooperatively with the county right now to get those parcels out, so that perhaps the family or some appropriate entity would be responsible for those parcels, so that we could move forward with selling the rest of the ranch,” he said.

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