For New Yorkers who own real estate, understanding the deluge of NYC property taxes can be crippling, whether you’re looking to buy, sell, or maintain a property. From explaining the different tax classes to...
Category - Property Taxes
1031 Exchange: everything you need to know
Most people know that they will be liable for a capital gains tax if they sell an investment property and plan to keep the profits. However, if the seller reinvests the profit in another investment — but takes their own...
Property Taxes: Condos vs Houses NYC
If you’re weighing up whether to buy a house or a condo in NYC (and by a house we also mean a townhouse as well as a single-family) property taxes will weigh heavily in your decision making. Here’s what you need to...