Gifting generally is a way to avoid estate taxes for the donor and the recipient, according to Borison. That's because the tax code allows each American to give away up to $5 million -- through gifts, an estate or a combination of the two â tax-free in his lifetime. A married couple can give up to $10 million.
There are currently 41 homes for sale in Mission Bend at a median listing price of $185,000. Some of these homes are Hot Homes, meaning they're likely to sell quickly. Most homes for sale in Mission Bend stay on the market for 62 days and receive 1 offers. In the past month, 21 homes have been sold in Mission Bend. The median price per square foot in Mission Bend has decreased by 5.8% over the past year.
The median home value in San Bernardino is $265,000. San Bernardino home values have gone up 8.6% over the past year and Zillow predicts they will rise 5.1% within the next year. The median list price per square foot in San Bernardino is $196, which is lower than the Riverside Metro average of $198. The median price of homes currently listed in San Bernardino is $269,250 while the median price of homes that sold is $269,800. The median rent price in San Bernardino is $1,495, which is lower than the Riverside Metro median of $2,000. Foreclosures will be a factor impacting home values in the next several years. In San Bernardino 2.9 homes are foreclosed (per 10,000).