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Feature Property - COUNTRY LIFE IS CALLING YOU!

$140,000 Starting @

Photo of Guyton - Big Elm, Moody, TX, 76557.

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Address: Guyton - Big Elm	City/ST: Moody, TX	Zip Code: 76557
Property Type: Land	New or Resale: Resale	MLS# 90073

+/-5, 25, 40 acres,(@ various prices) partially cultivated. Lots of possibilities for agricultural endeavors, building site or country retreat. Restricted - No mobile homes.

Call for more details! You know they're not making any more land!

Last Updated: 9/3/2010 3:21:50 PM

Listing Agent and Office: Paula Golden, Covington Real Estate, Inc.

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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	How can you give your home the equivalent of sunglasses?
A	Install low "E" squared glass filters sunlight, saves on energy costs and prevents fading of furniture, drapes and carpets.
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Covington Real Estate Team, REALTOR�, real estate agents and broker for Belton, Temple and Salado, Texas home listings, property and land for sale - NUMBER1EXPERT

Covington Real Estate Team
Covington Real Estate
2324 N. Main St.
Belton, TX. 76513
254 939-3800
877 711-3800
Fax: 254 939-3232
Email: covington@number1expert.com
Terri Covington, owner, established Covington Real Estate in 2003 after being a top producer for a franchise office for several years. Realtors affiliated with Covington are involved in the local community, including chambers of commerce, school district committees, local government, churches, and universities. Many of the agents serve in leadership with the Temple-Belton Board of REALTORS and the Texas Association of REALTORS. Terri shares, "God has blessed me with a wonderful organization of highly ethical and hard working REALTORS. We are like family and work together to get results for our clients." Being an independent office has afforded Covington clients flexibility in marketing and buying strategies. "We try to stay fresh in our marketing ideas and up to date with our education and negotiating skills." commented owner, Terri Covington.

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