What is a 1031 exchange and how does it work?

… As with any big financial transaction when you sell an apartment in New York … Thats why many New Yorkers turn to a popular tax deferral program called the 1031 exchange which allows you to put off … tax doesnt get paid because the estate gets the benefit of stepping up the cost basis of the property to current market …

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 … on top of a down payment So its important to first factor closing costs into your total output and then to make all … attorney fees which are usually passed on to the buyers for NYC new construction  That said in a soft market you might …

By Evelyn Battaglia |January 5, 2023 - 1:30PM