Do You Have a Real Estate Related Question? We Will Email You an Answer Quickly. As top Branson, Shell Knob and Hollister real estate experts, it's our job to help! Please take advantage of our experience and knowledge. Ask us anything about: - Any particular home that is or was on the market. - Neighborhoods and local market trends. - Local demographics and the economy. - Tricks and traps when buying real estate in this area. - Special tax considerations regarding real estate. - Specific questions about contracts, escrow, and closings. - Anything real estate! It's our job to know EVERYTHING about real estate! Ask us anything. There are no dumb questions! It's FREE, and we promise to get back to you 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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What document must lenders provide within three days of receiving your application for financing?
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The "Truth In Lending Disclosure Statement" will give you complete financial information about the loan. |
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Joe and Billie Cockrell
Tri-Lakes REALTORS
2837 State Highway, Suite 1
Branson, MO 65616
417-880-3988
417-880-7516
bccockrell@gmail.com
WELCOME TO THE BRANSON AND THE TRI-LAKES AREA. Helping you find your dream home - is what we do - regardless of how long it takes or how large or how small you want that home to be - perhaps it's a second home - you are in charge - you tell us what you want and we will do our best to help you find it. We know you have many choices - we hope you choose us. We will work hard for YOU!    
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