Garrett Relocation Where great moves begin...
HomeCorporate ServicesTransferee ServicesResourcesContact Us
Community InformationSchool InformationUseful LinksRelocation TermsFAQ
 

Frequently Asked Questions

Does Garrett Relocation Sell Real Estate?
Can you really help a transferee anywhere in the country or world?
One of my challenges is to forecast the cost of a move, can Garrett Relocation help?
We have incurred significant costs associated with multiple moves by the same employee. Is there anything that can be done to help insure he/she selects a quality home in the new location?
How do your counselors help the relocating employee?
Since I am unfamiliar with my new location, should I rent before I buy?
Can I deduct any expenses if I am relocating for employment reasons?
Which expenses can I deduct?
My employer does not reimburse me for storage of household goods. During my relocation, I stored everything for four weeks because my new home was not available. Can I deduct these costs?
What is Interim Housing?

Does Garrett Relocation Sell Real Estate?

No. Garrett Relocation manages every aspect of the relocation process, including assigning an experienced real estate agent. Through our team of real estate brokers, mortgage companies, and inspectors, we coordinate all departure/destination benefits.

top

Can you really help a transferee anywhere in the country or world?

Yes. With our global network of service providers, Garrett is able to coordinate and manage the entire process, and keep in close contact with your transferee during every step of the move.

top

One of my challenges is to forecast the cost of a move, can Garrett Relocation help?

Garrett facilitates cost of living and move information for cities and countries throughout the world. The information provides our clients with accurate cost differentials that can be customized by income, family size, home size, and many other variables. This is a great tool for recruiting and budgeting.

top

We have incurred significant costs associated with multiple moves by the same employee. Is there anything that can be done to help insure he/she selects a quality home in the new location?

Locating and purchasing a new home can be a complicated and stressful activity. Without a well-planned and organized househunting trip, it is extremely difficult for employees to reach a decision on their biggest investment in just a matter of a few days. Garrett assigns a real estate professional who is best suited to identify your employee's needs and narrows the search to specific communities that match those needs. This formal process helps insure a good investment decision is made, which improves home sale marketing if the employee is asked to move again.

top

How do your counselors help the relocating employee?

Our Relocation Counselors help the transferee understand the relocation benefits provided by their employer (policy counseling), and then assists with the activities necessary to complete the relocation. The Relocation Counselor is available to answer all of the transferee's questions, help with the often-complicated logistics and paperwork associated with relocation, and serve as a single point of contact throughout the relocation process.

top

Since I am unfamiliar with my new location, should I rent before I buy?

A real estate agent who specializes in relocation understands that it is just as important to help the family find an appropriate community and lifestyle as it is to find the perfect home. The right agent will connect you to your new community quickly, saving interim housing and storage costs.

top

Can I deduct any expenses if I am relocating for employment reasons?

The distance between your new job and your former residence must be at least 50 miles greater than your old commute. That means if you lived 10 miles from your old job, your new job must be at least 60 miles from your old home before you can deduct moving costs.

top

Which expenses can I deduct?

If you meet the distance and time test, you may deduct expenses related to the moving of household goods and the cost of your transportation and lodging from your old home to your new home. Reimbursements by your employer for other relocation expenses are considered ordinary income and will be subject to withholding at time of reimbursement.

top

My employer does not reimburse me for storage of household goods. During my relocation, I stored everything for four weeks because my new home was not available. Can I deduct these costs?

Yes, the cost of in-transit storage of household goods up to 30 days is deductible. Add what you paid for storage to the costs of your household goods shipment on IRS Form 3903.

top

What is Interim Housing?

Interim housing is short-term housing that is available to a transferee prior to the time permanent housing becoming available for occupancy.

top

 

 

Home | Corporate Services | Transferee Services | Resources | Contact Us