Mansion or not, you can't escape the so-called mansion tax

… Buying in New York City means paying painful extra costs but nothing makes this … the mansion tax is to buy a unit under $1 million For NYC properties priced above that amount theres no such thing as …

By Jennifer White Karp |April 14, 2025 - 10:00AM
How to reduce your capital gains tax when selling your NYC co-op, condo, or brownstone

… If you plan on selling your apartment or brownstone in New York City youll want to consider ways to reduce your tax exposure  Capital gains tax is levied on the profit you make selling … years or two of the last five years you wont have to pay capital gains tax on the first $250000 of your profit if …

By Brick Underground |February 10, 2025 - 1:30PM