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I am a proud 4th generation Montanan. Growing up, my family always lived in the country. My two sisters and I went to small schools from 1st grade through high school. We grew up riding horses bareback, making mud pies, playing in tree houses and camping. Growing up in Montana gave me some great childhoold memories. Bozeman is my home and I want other people to enjoy what we have as a lifestyle! My ability to give you genuine, personal service will quickly gain your confidence and whether you are buying or selling property, I am committed to your needs. Real estate is becoming more sophisticated and challenging every day. Technology has taken real estate to a new level and I will utilize it to your advantage. As your real estate agent, I am looking out for YOUR best interest and protecting YOU as my client!
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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 |
On what famous American street can you find the most expensive retail space for rent anywhere in the world?
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| A |
Fifth Avenue, New York City, U.S.A. offers retail space for rent at the rate of $580 per square foot. |
See More Real Estate Trivia > |
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