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Exclusive Listing - Copy of Low Taxs, Great Location

$652,000 Ready for offers

Address: 351 Pemberwick Rd.	City/ST: Greenwich, CT	Zip Code: 06831
Location: 351Pemberwick Rd. Pristine and ready for new owner	Property Type: Condo	New or Resale: Resale
Square Footage: 1557	Bedrooms: 3	Bathrooms: 2 full, 1 half
MLS# 98408081	Property Tax: 433800	Monthly Rent Estimate: $3,200

This three bedroom, 2.5 bath pristine condo, at the Hawthorne will make you proud to live in Greenwich CT. Pristine, with attached garage, eat in kitchen, living room with fire place, and walk out patio. Tree top views, close to shops. Five minutes from downtown Greenwich Ave.

Last Updated: 11/4/2009 12:13:51 PM

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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.

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Q	What is the world's longest frontier?
A	At 3,987 kilometers (3,987 miles), the border between Canada and the U.S. is the longest in the world.
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Nina Robinson, REALTOR�, real estate agent and broker for Greenwich, Stamford and Norwalk, Connecticut home listings, property and land for sale

Nina Robinson
Coldwell Banker
177 West Putnam Ave.
Greenwich, CT 06830
203-273-8384
Fax: 203 -622-1228
nina.robinson@cbmoves.com: ninarobinson@BestImageAgent.com
I am your number one expert agent who loves what I do. I have been in the business with enough experience in many types of transactions. Buying and selling from cottages, to estates. Always listening to your needs for a successful outcome.My position, with the support of Coldwell Banker makes us a 'well oiled machine'. I hold ethical as well as expert advice in each transaction. Within reason, will make sure your experience is successful, pleasant, and stress free.

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