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
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04/20/2007
Even with the changes in tax laws over recent years, you may be able to deduct some of the expenses of a move that is the result of a change in your job.You will probably be able to deduct the costs of your move if your new work location means more than an additional 50-mile commute, if you move
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04/20/2007
Home sellers are always interested in their tax deduction options. If you recently sold a home without meeting the basic ownership and use criteria for waiving capital gains tax, you might still be able to claim reduced exemptions if you meet certain other criteria.Homeowners who had to sell beca
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04/20/2007
American tax law offers a significant capital gains tax exemption that allows taxpaying homeowners to unlock home equity and end the spiraling cycle of "investing up." First-time buyers enjoy expanded rules for Individual Retirement Accounts (IRA) and 401(k) plans, rules that allow penalty-free w
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04/20/2007
Once your home is listed for sale, it may be difficult for you to step aside and let your agent take over. When prospective buyers arrive, you may want to stand by to point out the closet extenders, the hidden spice cabinet behind the kitchen door, the energy-saving storm windows or the updated c
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04/09/2007
Real estate sales are complex transactions in which innumerable snags can occur. Professional real estate agents are trained to handle the many facets of buying a home. A good real estate agent is an invaluable asset to your venture if you are in the market for a house.When you find a real estate
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04/09/2007
The quality of the school district is a most important determinant of the market value of a house. For buyers with children, the quality of the local school system may be as critical to their decision as the appeal of the house. The desire for a quality education usually causes parents who are in
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04/09/2007
The services of a good real estate agent are especially important when you are moving to a new city. You may know very little about the different neighborhoods or the local market conditions in the new area. An experienced agent can help you explore the possibilities in order to find a great hous
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04/09/2007
Moves are right up at the top of the list of stress-producing situations. It is not uncommon to feel a little overwhelmed by the process of relocating. You must sell your old home, pack up, leaving behind many friends and memories, and then get settled in the new area.Professional real estate age
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04/09/2007
Contacting different moving companies is one of the first steps in moving to a new house. You will find a variety of service options and price ranges from which to choose, whether you are moving across town or thousands of miles across the country.Call several companies for estimates. Ask each co
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04/09/2007