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I welcome your call or email and am happy to respond promptly to your requests. 928-274-2265.
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Get Free Presentation On Our Home Marketing. Before signing a contract with any real estate agent, make sure you know EXACTLY how your home will be marketed. Find Out More > View All Offers >
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Luminous continues to find me great opportunities! My purchases and sales through her have been very successful PWS, Ft. Lauderdale, FLA Read Quote > View All Quotes >
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Mountain Country Mortgage, Inc. Mountain Country Mortgage Sedona Arizona Branch 40 Soldiers Pass Road, Suite 15Sedona, Arizona 86336 Office (928) 204-5527 Fax (928) 282-5361 Find Out More >
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For Home Buyers:
Why Buyers Choose Luminous Realty Team - Why homebuyers looking for a real estate agent in the Sedona, Cornville and CottonWood area choose Luminous Realty Team.
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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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| Q |
Where is the world's largest stained glass window?
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| A |
The American Airlines terminal at the Kennedy International Airport in New York City has a stained-glass window that is 300 feet long and 23 feet high. |
See More Real Estate Trivia > |
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