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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
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  • 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.

  • Latest Listings - Get Luminous Realty Team's latest Sedona, Cornville and CottonWood listings of homes for sale first!

  • Find Your Perfect Home - Luminous Realty Team will search for your ideal home and email you the newest Sedona, Cornville and CottonWood MLS listings of properties in Yavapai County AZ.

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  • Go to Main Sitemap - Main sitemap sections include Find Sedona, Cornville and CottonWood Homes, For Home Buyers, For Home Sellers, Sedona, Cornville and CottonWood Information, Real Estate Resources, and About Luminous Realty Team.

 

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Real Estate Tips
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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Real Estate Trivia
Q 
Where is the world's largest stained glass window?

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.
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Luminous Realty Team, REALTOR®, real estate agent and broker for Sedona, Cornville and CottonWood, Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

Luminous 1
Luminous Realty Team

80 Soldiers Pass Road
Sedona, AZ 86336
Phone: 928-274-2265
Email: luminous@luminousrealty.com

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