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

… Yorkers The most common CEMA is offered to those who are refinancing their mortgage In some unique cases it is also … tax on a home loan It involves assigning a mortgage from one lender to another so your tax is only calculated on the … by owners who are refinancing Purchase CEMAs are rare but allow buyers to only pay tax on the new mortgage minus the …

By Evelyn Battaglia |March 25, 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 gains to pay less tax … Major … improvements on to the unit holders so if the building does repair work on the roof or facade when it comes time to … option if youre not living in the apartment … If you are no longer living in your apartment Rubinstein points out theres …

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