Don't Forget To Request A Quick Status Report On Any Homes Or Properties That Interest You!  It can take days, weeks, or longer for changes to appear on web sites. Don't waste your time with less than current information. Request my free Status Report and find out if the homes you are interested in are still on the market, under contract, in escrow, or if the price has been reduced. The Status Report that you'll receive by email will also include other important information that has been left out or that is available to me through my professional resources, such as how long the property has been on the market, when it was last sold, what it sold for, and more. When you click on any link above, you'll see your chosen site, along with a form at the bottom of your screen. Use this form to request my quick Status Report on any homes or other real estate that interests you. It's free and without obligation. Remember: As a top Door County and Fish Creek and Egg Harbor area REALTOR®, it's my job to know more about a property than any web site. Make sure you have the most current information!
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 country of the world has the highest percentage of private housing?
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| A |
Mongolia, where 100% of all properties are owner-occupied. |
 See More Real Estate Trivia > |
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Connie Erickson
Door County Realty, Inc.
4027 Main Street
PO Box 340
Fish Creek, WI 54212
920-868-2075
888-678-3949
Fax: 920-868-2425
Leads@ConnieErickson.com
Connie Erickson has won just about every real estate award imaginable and has earned both the GRI (Graduate of REALTORS Institute) and the CRS (Certified Residential Specialist) credentials. Connie is a Member of the Door County Board of REALTORS, Instructor of the Graduate REALTOR Institute and a Howard Brinton Star Power Star.    
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