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Luxury Real Estate News and Information - Christie's International Real Estate

Saturday, January 28, 2012

Former Major League Baseball Player John Smoltz puts Mansion on Market

Retired Atlanta Braves Major League Baseball pitcher, John Smoltz has listed his US$7.2 million mansion with Harry Norman, Realtors sales team, Alex McGraw and Associates. Harry Norman, Realtors is the Christie's International Real Estate exclusive Affiliate in Atlanta, Georgia. 


The ten-bedroom, twelve-bathroom estate sits on about 20 acres of land in the Greystone community of Milton, Georgia. The property has tennis and basketball courts, baseball and football fields, a jogging trail, 18-hole golf course, and a stocked fishing pond.
Interior highlights include the two-story foyer with floating staircase, Travertine tile floors and domed ceiling with chandelier. The lower level features recreation and fitness rooms, several bar areas and a theater with concession. Upper level provides a four en-suite bedrooms and a long-term guest suite.

John Smoltz enjoyed a prolific career of more than two decades with the Atlanta Braves, in which he garnered eight All-Star selections and was honored with the Cy Young Award in 1996. 

Click here to view the listing and pictures of the estate.

About Harry Norman, REALTORS®
Founded in 1930, Harry Norman, REALTORS ® is Atlanta’s oldest and largest residential real estate firm with 12 sales offices, various franchise and satellite offices, and more than 1,000 real estate professionals. Harry Norman, REALTORS ® is a wholly-owned subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate. Harry Norman, REALTORS ® is the exclusive Atlanta affiliate of Christie’s International Real Estate. More information is available at www.harrynorman.com.

Saturday, January 21, 2012

Favorable Real Estate Tax Benefits and Incentives in Puerto Rico Offered Until June 2012

Trillion Realty Group is the exclusive Affiliate in Puerto Rico


Favorable tax benefits currently on offer for property buyers and sellers in Puerto Rico will expire on June 30, 2012, reports Christie's International Real Estate exclusive Affiliate in the area, Trillion Realty Group. Incentives for purchasing existing new residential or commercial construction on the tropical archipelagoan unincorporated U.S. territory in the northeastern Caribbeaninclude:
• No recording fees
• No property taxes for five years
• No taxes on rental income derived from the property for 10 years
• No capital gain taxes on the sale of the property
These benefits will expire on June 30, so sales must close before that date.
Domiciled Individuals, Corporations And Other Legal Entities
Existing legislation, if properly used, can provide up to 100 percent tax exemption to individuals, corporations, LLC’s, partnerships and other legal entities domiciled in Puerto Rico. These exemptions are provided via government’s grants, and are binding and permanent for the period covered once issued.

Puerto Rico offers many benefits which make it very attractive to investors as well as to persons considering investing, living or renting in the island. Major international accounting firms, investment advisors, or attorneys with expertise in Puerto Rico’s taxes code will be able to provide professional advice on these tax exemptions. 

Puerto Rico Key Facts
• U.S. Commonwealth, part of the U.S. – no passport necessary.
• Federal income taxes do not apply
• Federal laws apply (except income taxes)
• Modern developed economy
• U.S. dollar is the local currency
• Excellent medical services with Medicare and Medicaid coverage
• Excellent airlift to and from the U.S. mainland and abroad
• Warm, tropical climate year round
For more information please contact Trillion Realty Group.

Pictured Above: The Residences at the Horned Dorset Primavera in Rincón, Puerto Rico, a property enrolled in the Christie's International Real Estate Bespoke Marketing Program