What is a 1031 exchange and how does it work?

… many New Yorkers turn to a popular tax deferral program called the 1031 exchange which allows you to put off paying … gains and therefore tax even further  In this scenario youd buy a replacement property with the intention of holding it … likekind properties So the investment property you are buying needs to be exchanged for a similar kind of property …

By Emily Myers |February 6, 2023 - 9:30AM
Can my co-op building fine me if my apartment sits unsold for too long?

… on the terms of your agreement  our experts  say When a coop shareholder purchases a new apartment in the building before they sell their old one a board will typically have some requirements for the sale …

By Alanna Schubach |May 2, 2022 - 1:30PM