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Request My Free Relocation Package for Westchester, Playa del Rey, Playa Vista, and the surrounding communities on the Westside of Los Angeles.  Moving your family to another town or state is a major event in your life! I have helped many families and individuals relocate to and from the Westchester, Playa del Rey, Playa Vista and the surrounding communities on the Westside of Los Angeles. If you will be moving to the Westchester, Playa del Rey, Playa Vista or surrounding communities on the Westside of Los Angeles, we can correspond by email and phone. Together, we'll determine what type of home, price range, and neighborhoods you are interested in. I'll send you every home or property that is currently available that matches your criteria. We can focus on the neighborhoods and type of property that interest you the most. In addition, we can talk about schools, local market conditions, local culture... anything that is important to you to provide quality living. Remember: As a top real estate agent in Westchester, Playa del Rey, Playa Vista and the neighborhing communities, it's my job to know this area inside and out, and I want to make your transition as smooth as possible. I welcome your questions and interest in this wonderful area of Southern California.  Are you new to the area? Request my reolcation package on Westchester, Playa del Rey, Playa Vista or the surrounding communities. It's my job to help! There's no obligation, and I welcome the opportunity to provide you with information... 
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Time to Move >When Your House Gets Too Big
As the Baby Boomers of the 1950s send their children off to college, they join the part of the market called "empty nesters". At this point they no longer need six bedrooms and three baths, a family room and a gigantic yard. Many "empty nesters" are trading in the family home for something that is smaller, easier to maintain and has the amenities that are important to their more carefree lifestyle.
If you are considering such a move, start out by consulting a good Realtor whom you like and trust. The good news is--- when you sell your primary residence, you are not taxed on your profit if (1) you have lived in the home for two out of the last five years and (2) your gain does not exceed $250,000 as a single taxpayer or $500,000 as a married couple filing jointly. These capital gain exclusions apply whether you "buy up" to a more expensive home or "buy down" to a less expensive one. If you are moving downtown from the suburbs in order to be close to cultural centers, theaters and restaurants, there may be "quality of life" issues, such as noise or parking. Your Realtor can help you find a home that has all the conveniences and amenities you desire.
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| Q |
Which law allows a person to give another individual up to $10,000 a year without any tax consequences?
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| A |
The Federal Gift Tax Law allows both parents to give a child (or anyone) $10,000 each in one year. |
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