What is a CEMA loan, and how can it reduce my mortgage recording tax?

… their mortgage In some unique cases it is also available to buyers  Why do owners and buyers use a CEMA This maneuver can help you avoid paying … and you want to do everything you can not to pay it again What are CEMA loans and when they make sense How they work …

By Evelyn Battaglia |June 18, 2026 - 9:30AM
What is a mortgage recording tax? Are there ways to reduce it?

Buying a coop condo or house in New York City means you can … says attorney Neil Garfinkel managing partner at the law firm Abrams Garfinkel Margolis Bergson Its also a tax … not tied to the terms of the old mortgage  The terms are changed so if there was a prepayment penalty on the old one …

By Brick Underground |February 18, 2025 - 12:30PM
How to reduce your capital gains tax when selling your NYC co-op, condo, or brownstone

… If you plan on selling your apartment or brownstone in New York City youll want to consider ways to reduce … … One way of offsetting capital gains is through capital improvementsso if youve made substantial renovations to your … out theres a mechanism called a charitable remainder trust where tax is avoided through a commitment to give a …

By Brick Underground |February 10, 2025 - 1:30PM