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|  | | | Hadlock Field, Home of the Portland, Falmouth and Gorham Seadogs | |
Things To Do In Portland, Falmouth and Gorham!
There is so much to do in the Portland, Falmouth and Gorham, Maine area you can stay busy 365 days a year if you want to! From the Arts and Entertainment to fabulous shopping and dining?there is something for everyone. And don't forget all the sports and recreation possibilities too! To enjoy an overview of just a few of the many activities this region has to offer feel free to visit the websites featured on this page. There's so much to do in Portland, Falmouth and Gorham! Let us send you our FREE relocation package about this great area. There's NO obligation, and We promise to respond quickly...
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Arts and Humanities |
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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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What area was designed to look like a 1940s southeastern town with traditional architecture?
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Disney's "Celebration" in Orlando, FL, will eventually have 8,000 houses and many commercial tourist attractions. |
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