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Property News for 18 May 2023
Real Estate Matters: Children concerned about tax implications after selling gifted home and returning money to parents
Chicago Tribune - 18 May 2023 22:50
It's almost never a good idea to gift a home to your children rather than letting them inherit it after your death.
This $18 million Invisible House is the most expensive listing in Joshua Tree -- and it's already a money-maker
CNBC - 18 May 2023 16:47
It was one of Airbnb's most wish-listed properties in 2023 and generated $1.4 million in revenue between guest rentals and production shoots.
Home sales fell in April as buyers contended with high prices, fluctuating mortgage rates
CNBC - 18 May 2023 16:20
Sales of previously owned homes fell 3.4% in April from March, according to the National Association of Realtors.
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