Narberth, Wynnewood, Bryn Mawr and Merion Pennsylvania real estate listings, home buying, selling and relocation information

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From My Affiliates: Narberth, Wynnewood, Bryn Mawr and Merion Pennsylvania home buying, real estate listings, and homes for sale in Montgomery County, PA

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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	What land did the U.S. Government buy for $7.2 million?
A	In March 1867, the US bought all of Russian America (Alaska) from Russia.
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Evie Cohen, REALTORŽ, real estate agent and broker for Narberth, Wynnewood, Bryn Mawr and Merion Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

Evie Cohen
RE/MAX Executive Realty
610 Old Lancaster Road
Bryn Mawr, PA. 19010
Main: 610-520-0400
Direct: 610-520-0823
Cellular: 610-574-8800
Fax: 610-717-1711
Toll Free: 800-521-0414
Email: eviecohen@remax.net
Evie has lots of information to provide to you about schools, communities, and cultural activities, so take a moment to get acquainted with the ease of the website. With over 25 years of helping people improve their lifestyle, Evie Cohen has established herself as a leading Realtor in the suburban Philadelphia area. Knowing the market place, guiding and counseling clients through the buying and selling process, evaluating the needs of clients and providing a sense of humor and patience to complete a SUCCESSFUL transaction is what Evie Cohen excels at. For you, knowing that almost 98% of Evie's business is repeat or referrral business can insure that Evie knows how to get the job done for YOU with experience and dedication. Evie specializes in residential real estate: condos, homes, townhomes and residential lots. Licensed since 1983, Evie has been awarded many honors in real estate both from the local board of Realtors and RE/MAX International. Among them are the coveted RE/MAX HALL of FAME Award, RE/MAX Chairman's Club Award, RE/MAX Lifetime Achievement Award and RE/MAX Platinum Award. But the most important award Evie receives is a call from a satisfied previous client referring her to someone new. That's what is exciting and challenging, helping someone find their dream home! Maybe you want to be part of that group too! Dont put it offBe in touch! Call or email Evie today!

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