421a property tax abatements: Know before you buy

… section … takes an indepth look at what this means for buyers and sellers First some background on the abatements … tenants The higher your taxes go the further your resale price falls  The land itself isnt covered by the abatement … the cost of the taxes when the exemption expires check out  … this trick … Bottom line for owners  Dont wait …

By V. L. Hendrickson |November 14, 2011 - 7:22AM