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Welcome > Agent Info >
Testimonials ...
"She made us feel like we were her only clients."
"The first thing we noticed about Gina Donnelly is how passionate she is about her job, her life and her family. It is always great to work with someone who absolutely loves what they do, is passionate about life and the things that are important. It became clear to us in our first meeting with Gina that she loves helping people sell and find a home. She is savvy, knowledgeable and very professional-but also friendly and genuine in a way that made us feel like she was part of our family. She wanted to find the perfect home for us just as much as we did. Gina is also a go-getter, highly driven, motivated and energetic. She always made us feel like we were her only clients and that we didn’t have to settle for anything. To this day, Gina is part of our family and will be our realtor for life.
Crystal, John, Anna and Eli
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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.
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What is the most common street name in the US?
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Second Street ranks as the most common street name. First Street is not #1 because many "First" streets are called "Main" Street. |
 See More Real Estate Trivia > |
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