Want to buy an investment apartment to rent out? Here's what you need to know

… inflation and hopefully turn a profit when you sell The NYC rental market is typically competitivethere are always way more renters than buyers here And many potential buyers find … invest and you can capitalize on their findings A declining average  days on market  indicating that most apartments are …

By Jennifer White Karp |June 24, 2025 - 1:30PM
Buying an apartment for your adult child? Here are 7 things to keep in mind

… many parents who can afford it often decide that buying a New York City apartment for their adult child is better than … buy because there is so much wiggle room on the final sale price and since most of these parents are going to put down …

By Jennifer White Karp |February 28, 2025 - 10:00AM
What is a 1031 exchange and how does it work?

in New York City you need to pay taxes If its an investment property rather than your primary residence you can be taxed … red tape associated with the 1031 exchange program Read on for more details Editors note An earlier version of this … however possible to exchange a residential property for a commercial one  Likekind property can mean selling any real …

By Emily Myers |February 6, 2023 - 9:30AM