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School Information

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Everyone offers free school reports. Me too! Plus I offer more. As a top Corvallis, Newport and Albany Realtor, I can tell you things about the schools that no report generated by a computer will ever know. Remember, I consult with people moving to the Corvallis, Newport and Albany, Oregon area on a daily basis. It's my job to know, and my job to tell you.

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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 most unusual maintenance project done once each year in the United States?
A	The Niagara Falls is shut down for maintenance every year in the fall by diverting the flow of water for 24 hours using a massive series of pipes constructed in 1837.
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Sue Long, Principle Broker, REALTORŽ, real estate agent and broker for Corvallis, Newport and Albany, Oregon home listings, property and land for sale - NUMBER1EXPERT

Sue Long, Principal Broker
Keller WilliamsŽ Realty Mid-Willamette
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A Corvallis Oregon Branch
Office: 541.766.0262
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