Chesterfield real estate MO, St. Louis real estate, O'Fallon area real estate, home listings and homes for sale in Missouri - De Lynn Klosterhoff, REALTOR® De Lynn Klosterhoff REALTOR(r) for Chesterfield, St. Louis, O'Fallon area, Missouri real estate - NUMBER1EXPERT™ De Lynn Klosterhoff NUMBER1EXPERT(tm) for Chesterfield, St. Louis, O'Fallon area, Missouri real estate
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De Lynn Klosterhoff, REALTOR®, real estate agent and broker for Chesterfield, St. Louis, O'Fallon area Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
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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Real Estate Trivia
Q 
What famous person said this? "Real Estate is the best investment in the world because it is the only thing they're not making anymore!"

A 
Will Rogers, who began his career as a rope-throwing cowboy and later became a famous stage and film star.
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De Lynn Klosterhoff, REALTOR®, real estate agent and broker for Chesterfield, St. Louis, O'Fallon area Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)

De Lynn Klosterhoff
RE/MAX Properties West

16497 Clayton Rd
St. Louis, MO. 63011
636-532-5900
800-949-0490
RE/MAX Office Fax: 636-532-2302
De Lynn's In-office Fax: 636-898-1327
Email: DeLynnK@DeLynnK.com

De Lynn Klosterhoff has over 25 years of real estate experience. She has been honored with the RE/MAX Hall of Fame Achievement Award, the RE/MAX Lifetime Achievement Award and is ranked #4 in her region! Her designations are CRS (Certified Residential Specialist), a designation held by only 1% of all Realtors; ABR (Accredited Buyer's Representative); GRI (Graduate of the Real Estate Institute), having completed a minimum of 90 hours of course study and exams; and RECS (Real Estate Cyberspace), SRES (Seniors Real Estate Specialist). Because of her dedication to the real estate business and her clients, she is in the top 1% of all Realtors in the St. Louis area.

ABR CRS GRI SRES REALTOR MLS Equal Housing



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