What is a 1031 exchange and how does it work?

… when you sell an apartment in New York City you need to pay taxes If its an investment property rather than your … it again with updated information for February 2023 … How to know if a 1031 exchange will work for you … The 1031 … benefit of stepping up the cost basis of the property to current market value thereby reducing the gain and tax that is …

By Emily Myers |February 6, 2023 - 9:30AM
How NYC buyers can take advantage of the summer sales slowdown

New York City brokers are bracing for an absolutely dead sales market this summer but that could be good news for buyers who are unscathed by current economic …

By Jennifer White Karp |June 30, 2022 - 4:30PM