What is a 1031 exchange and how does it work?

… reinvest the proceeds in a similar property within a tight timeframe  There are plenty of rules and red tape associated … gains and therefore tax even further  In this scenario youd buy a replacement property with the intention of holding it … shifted the next tax year  In between the sale of your first property and the closing on the second your profits …

By Emily Myers |February 6, 2023 - 9:30AM
5 ways NYC buyers can lower their closing costs

… For many people being able to buy an apartment or townhouse in New York City is a … cash reserves on top of a down payment So its important to first factor closing costs into your total output and then … of purchasers and interestrate buydowns for a period of time Daniel Gershburg an attorney with Konner Gershburg …

By Evelyn Battaglia |January 5, 2023 - 1:30PM
I bought in a new condo development with lots of construction defects. Do I need to sue?

… issues in several new developments in the city the New York Times reports  Pandemicinduced construction delays and … talking to your neighbors who surely share your concerns  First you need to document the defects Check in with other … I get the developer to make things right Do I need to sue … Buy … New Construction + Condos … Ask an Expert … condos … …

By Alanna Schubach |April 25, 2022 - 12:30PM