Asheboro real estate and homes for sale in North Carolina - Vickie Gallimore, REALTOR® Vickie Gallimore REALTOR(r) for Asheboro, North Carolina real estate - NUMBER1EXPERT™ Vickie Gallimore NUMBER1EXPERT(tm) for Asheboro, North Carolina real estate

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Vickie Gallimore, REALTORŪ, real estate agent and broker for Asheboro North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)
336 626-5600
336-953-9500





For Sellers: Asheboro North Carolina home buying, real estate listings, and homes for sale in Randolph County, NC
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Why Sellers Choose Vickie Gallimore: Why home sellers in Asheboro choose Vickie Gallimore
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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 is the mysterious American island whose private owners are intent on preserving the ways of early island life?

A 
The Robinson Family, owners of Niihau, Hawaii, have done everything in their power to preserve traditional ways.
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Vickie Gallimore, REALTORŪ, real estate agent and broker for Asheboro North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Vickie Gallimore
RE/MAX Central Realty

231 S. Fayetteville Street
Asheboro, NC. 27203
Office: 336-626-5600
Home: 336-629-7716
Mobile: 336-953-9500
Fax: 336-626-2253
Email: vickiegallimore@NUMBER1EXPERT.com

Vickie is a member of the RE/MAX Hall of Fame and recipient of the Diamond Club Award, a new award recognizing a higher level of production in the RE/MAX network. Vickie and her office both are #1 in the Asheboro market and have held this distinction since 1990. Look for her weekly article in Randolph County's local newspaper, The Courier Tribune.

ABRCRSEqual HousingGRIMLSREALTOR


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