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Request Our Free St. Louis, South St. Louis County and Mehlville Relocation Package. Request our Free St. Louis, South St. Louis County and Mehlville Relocation Package. It's packed full of useful and important information about the St. Louis, South St. Louis County and Mehlville, Missouri area. Don't move here without it! Are you new to the area? Request our FREE St. Louis, South St. Louis County and Mehlville package of relocation information. It's our job to help! There's no obligation, and we promise to respond quickly... 
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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During what months of the year do most people move from one home to another?
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Most moves occur between the months of May and September. |
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Goran & Vera Brnjic, GRI Dream Home Realty
Goran: 314-753-0030
Vera: 314-249-0025
Office: 314-352-0804
Fax: 314-352-6212
Email: Brnjics@NUMBER1EXPERT.com
Your largest investment for you and your family deserves the best.
When you put us to work, you can count on honest business relationship, open lines of communication and a firm commitment to help you realize your dream to your satisfaction. With us at your side, you will get an exceptional service throughout the entire buying and selling process. Please feel free to call us for a complementary consultation. No obligation, off course. We look forward to further explain you how our services would be outmost beneficial in achieving your real estate goals.
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