How to reduce your capital gains tax when selling your NYC co-op, condo, or brownstone

… plan on selling your apartment or brownstone in New York City youll want to consider ways to reduce your tax … it again with updated information for February 2025 For NYCs higherpriced properties its very possible you would … a decade ago they may not have this readily available  Its best that the owner keeps contemporaneous records because …

By Brick Underground |February 10, 2025 - 1:30PM
The buyer's and seller's guide to NYC closing costs

… real estate in New York City you face hefty taxes and fees at the closing tableincluding some that you may expect … Plan to pay 2 to 4 percent of the purchase price of a coop condo or townhouse  … A good rule of thumb is to set aside … of the purchase price in closing costs Every deal differs based on the property type sales price financing and market …

By Evelyn Battaglia |January 6, 2025 - 10:00AM