|
|
|
|
Welcome >
Are you ready for some Football? ...

Tax Considerations >Not at ARMs Length
A sale of a house is just a sale, right? Not necessarily. If you are selling your house to your children or transferring title outside the open market, then the transaction may be characterized as "not at arm's length". Since such a transfer may have tax consequences, you should discuss it with a tax attorney or accountant before taking action.
The transfer of title to a son or daughter may cause the parents to lose favorable property tax treatment, require the payment of state gift taxes, or have other unexpected consequences. From a capital gains point of view, it may be more prudent for children to inherit property than to receive it as a gift. The disposition of any real estate should be considered within the entire framework of your tax and estate planning.
For answers to all your real estate questions, consult experienced professionals who are familiar with this area.
|
| Q |
What is considered one of the key elements of the American dream?
|
| A |
Home ownership is considered to a key to the American dream; more than 2 million first-time buyers bought property last year. |
See More Real Estate Trivia > |
|

|
The Cindy Wadsworth Team Keller Williams Real Estate 910 Harvest Drive - Suite 100 Blue Bell, PA 19422 (Each Office Independently Owned & Operated) Direct:: 215-264-6727 Office: 215-646-2900 Fax: 215-654-6037 cindywadsworth@NUMBER1EXPERT.com
Licensed PA Realtors
Cindy Wadsworth's License #RS179964L
Beth Topor's License #RS175423L
Harry Green's License #RS288663
Lynne Green's License #RS290351
Christina Brown's License #RS289762
Harold "Howie" Riley's License #RM4202787
   
www.TheCindyWadsworthTeam.com is brought to you by
The Cindy Wadsworth Team NUMBER1EXPERT in real estate for
Skippack, Harleysville and Montgomery County, Pennsylvania Read The Cindy Wadsworth Team's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|