Do I have to pay New York capital gains taxes even though I've moved to Florida?

… forty years in my Upper East Side apartment I received a buyout this year from a firm that wants to develop the … still have to pay New York State capital gains taxes on the buyout if Ive been a Florida resident for over half a year … … skipping town as soon as the ink dried on their buyouts But look on the bright side as weve written …

By Virginia K. Smith |September 14, 2015 - 1:59PM
Strategies to survive a rental to condo conversion (or at least walk away with a big buyout)

… Construction noise is an inevitable part of life in New York but usually … condos booming developers have been remodeling preexisting rentals into larger lavish units and converting them to … process face a series of qualityoflife problems including heat and hot water cutting in and out spotty elevator …

By Virginia K. Smith |March 20, 2015 - 12:59PM
Yes, you can have a $10/month, 50-year lease in NYC—technically, anyway

… to purchase while fighting a lease both the seller and the buyer believed to be invalid Even though the lease wasnt … always end in settlements the lawyers say with the landlord buying the tenant out of their lease Thats likely how things …

By Virginia K. Smith |November 11, 2014 - 11:59AM
How is the buyout of a rent-stabilized apartment taxed?

… Q Im in preliminary talks with my landlord about a buyout of my rentstabilized apartment Ive read different … on your income you could wind up paying more if the buyout is considered regular income versus capital gains … of a contractwhich is essentially what youre doing in a buyout situationare recognized as capital gains not income …

By Leigh Kamping-Carder |October 27, 2014 - 1:59PM