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Gifting Property vs Inheriting: How to Avoid a Capital Gains Tax Hit
Most financial advisors advise against gifting long-held real estate before you die, especially second homes and weekend homes. If your heirs choose to sell the property, they have to pay capital gains taxes on the property’s appreciation since the parents originally bought the property. Once transferred after death, the cost basis resets thereby potentially avoiding…
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Pools Add Big Value: Listings with Pools 54% Pricier in 2025
Homes with pools are continuing to command a sizable markup in the housing market, with listings featuring the amenity priced 54% higher on average than those without them as of April 2025. (Realtor.com) 6/5/2025
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New Real Estate Rule Might Make Open Houses the Go-To for Non-committed Buyers
Could Open House activity increase? The new real estate rule requiring home buyers to sign agreements with brokers to tour houses privately may make open houses, which don’t require buyer agreements, an option for shoppers who aren’t ready to commit to an agent? (Axios) 1/27/2025
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A Cool New Perk: Williamsburg’s Latest Development to Feature an Ice-Skating Rink
What might be the latest, greatest new building amenity? An ice-skating rink. Yup, a new building in Williamsburg will come with one! (YIMBY) 1/26/2025
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Service and Assistance Animals Allowed in Housing, Regardless of ‘No Pet’ Policies
Service animals are animals trained to perform specific tasks for individuals with disabilities. These tasks can include guiding people with visual impairments, alerting those with hearing impairments, providing physical support for mobility, or even managing medical conditions like seizures. Service animals are typically dogs but can also be other animals in certain cases, depending on…