Buying In The Right Name Or Entity

Buying In The Right Name Or Entity

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Every purchase is different, but one common consideration is whether to buy the home in your own name, jointly with a spouse or other partner or perhaps a business name.

Down the line each choice can have very positive effects or may cause unforeseen complications.

For instance if your spouse is not a US citizen then a property transfer on the death of one of the owners may trigger large taxes.

Business owners of property may protect other assets from large liabilities especially when renting a home out for long or short term tenants,

During the buying process ask your Exit Realty Champions Sales Associate to point you in the right direction for advice before a mistake is made or an opportunity missed.

Always seek professional advice when making large financial decisions, and prepare ahead of time.

For further information contact Peter Hopkins Real Estate Agent on 863 232 9337


Karol Alvarenga Headshot
Phone: 321-201-5318
Dated: September 24th 2015
Views: 612
About Karol: Check out my Website: ...

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EXIT Realty Champions
7830 Lake Wilson Road
Davenport, FL