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  As a mid-peninsula native, I have spent over 40 years living in one of the world's greatest locations. For almost 20 years my full time business has been practicing real estate in this area. My production has consitently placed me in the top 1% of agents nationwide and the Coldwell Banker's International Presidents Elite status. My familiarity with my market place and the wealth of experience that I have gained while negotiating hundreds of transactions over the years is truly an advantage to the clients that I represent. As an agent, I continuously strive to create a comfortable working atmosphere and to promote open and timely communications so that my clients have all the information they require throughout the buying and/or selling process. I have extensive experience as a residential developer and local contacts for new residential construction. The areas that I serve are Burlingame, San Mateo, Hillsboroughugh, Belmont, San Carlos, Redwood City, Redwood Shores, Menlo Park, Atherton, Woodside and surrounding areas. To discuss your real estate needs, contact me at (650) 637-9900.
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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 famous Art Deco skyscraper is decorated with eagle hood ornaments, hubcaps and abstract images of cars?
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New York's Chrysler Building, designed by architect William Van Alen in 1930, was one of the first buildings composed of stainless steel over a large surface area.
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 See More Real Estate Trivia > |
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Michael Robles
Coldwell Bankers Previews International
1427 Chapin Avenue
Burlingame, CA 94010
Phone: 650-637-9900
Fax: 650-347-4067
Email: Mike@AgentRobles.com
I am an experienced real estate professional with incomparable knowledge of Burlingmae, San Mateo, Hillsborough and the surrounding areas. I have over 20 years real estate experience. I can assist you during the home buying or selling process. I welcome the opportunity to serve you.
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