Mayor Adams is bringing the tax lien sale back. Here’s how to get your property off the list

… The trust uses funds raised from bond sales to investors to buy the citys liens at a discount In the past the discount … is no longer relevant today yet still impact New York Citys most vulnerable homeowners Pro Tip Pro Tip Want to see the … expense of driving foreclosure and homelessness among our most vulnerable … Phone book for speculators … One change …

By Jennifer White Karp |May 16, 2025 - 9:30AM
How to reduce your capital gains tax when selling your NYC co-op, condo, or brownstone

… you would have capital gains in excess of those figures How can you offset those gainto pay less tax … Major … … One way of offsetting capital gains is through capital improvementsso if youve made substantial renovations to your … and the lifespan of the trust  We can then calculate how much the taxpayer can pull out in distributions each year as …

By Brick Underground |February 10, 2025 - 1:30PM
Is my co-op maintenance tax deductible? How does this work?

… and mortgage interest  Each building is different but in most cases it is in the  60 percent range said Michael … the maintenance fee for my NYC coop How does this work … Buy … Co-ops … boards … Co-ops … taxes … Is my coop …

By Brick Underground |February 7, 2025 - 12:30PM
The buyer's and seller's guide to NYC closing costs

… Every deal differs based on the property type sales price financing and market Heres a breakdown of some of these … and townhouses require a mortgage recording tax if you are financing and title insurance as well as a transfer tax for … Also Like … viewbublogpanes=ymalinline   … Buy … Sell … Negotiations + Closings … buying … closing … first-time …

By Evelyn Battaglia |January 6, 2025 - 10:00AM