Orlando Real Estate Blog | Sellers Education Library | Team Donovan | Page #342

After purchasing a second home in Orlando, some buyers decide they want to change how they took title to the property by adding a family member or spouse, or even transferring the property to a corporation or trust. However, it’s important to know that such a transfer could create unintended tax liabilities. That’s why Team Donovan recommends that you consider how to take title to a property before you enter into a purchase contract.

There are several ways to take title to Florida real estate. Each variation has its own potential advantages and limitations. Here are the most common options to consider when buying an Orlando vacation home: 

1. Sole Ownership – Buyers who wish to hold property in their own names may use this form of ownership.…

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South facing pool with extended pool deck and covered patio! This home has a very open and flowing floor plan with living room and additional family room also a formal dining room with open kitchen and breakfast bar. There are 4 bedrooms with 2 master en suites and an additional bath shared by the other 2 bedrooms. The home is well maintained with beautifully manicured lawn and landscaping. The front of the home has an upgraded elevation with arched front windows and front along with two car garage.

 

 Sold Price: $189,900

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The November Team Donovan community reports have now been updated and are available from the following link:

                                                                                Community Report

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Sensational south facing private pool and spa with spectacular views and no rear neighbors!!! Huge extended pool deck with covered patio area is just perfect for entertaining. Formal living room and dining room as you enter the home, toward the rear is the open kitchen with ceramic tile flooring adjacent to the family room. Five bedrooms, four bathrooms that include two masters, one located upstairs and one downstairs. This fully furnished spacious floor plan is the perfect combination for vacationers or a full time resident. Make this home…

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This Beautiful second floor Abacos model (3 Bed 2 Bath) only steps from the clubhouse in building 7 (Unit 110) is fully furnished and ready for rentals. Close to Disney, shopping and restaurants, this is the perfect vacation, Second home or investment opportunity. Gated community offers on-site restaurant, management. & more.

 

 

Sold Price: $82,000

 

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