What owners and would-be buyers should know about the increased SALT deduction cap

… increases the federal deduction limit for State and Local Tax SALT  which includes income and property taxes to $40000 from $10000 for taxpayers who … see the new SALT limit having much of an impact on the NYC real estate market but it may help some individuals The …

By Jennifer White Karp |July 21, 2025 - 4:30PM
Mayor Adams is bringing the tax lien sale back. Here’s how to get your property off the list

… If youre an owner who has fallen behind on your bills for property taxes water sewer or for emergency repairs or youre a renter … Neighborhood Economic Justice Project of  Legal Services NYCs Brooklyn office These may be owners who are entitled to …

By Jennifer White Karp |May 16, 2025 - 9:30AM
Mansion or not, you can't escape the so-called mansion tax

… but nothing makes this as clear as the socalled mansion tax which kicks in when you purchase a property for $1 million or moreeven if the place you are … its fair to say $1 million no longer buys you a mansion in NYCfor that amount buyers are more likely to end up with a …

By Jennifer White Karp |April 14, 2025 - 10:00AM