Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.
Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.
You are subject to federal and state capital gains taxes when selling a co-op in NYC. You may be able to exclude up to $500,000 of gains under the Section 121 home sale exclusion, provided that specific ownership and use… Read More
In the real estate market, we talk about the real estate NY Disclosure Form, also known as the New York State Disclosure Form for Buyer and Seller. This document is an agency disclosure form that brokers and agents must give… Read More
Does the listing agent ask you to submit a REBNY financial statement form in NYC with your offer to buy an apartment? A REBNY form was only provided for the NYC real estate market co-ops. However, this financial disclosure form became a… Read More
Let’s face it: coop board interviews in New York remain stressful and intrusive. However, they exist for a reason. They live so that the current building residents can collectively decide whether applicants buy or rent an apartment in their building.… Read More
Quick answer: In New York, a landlord has exactly 14 days after you move out to either return your security deposit in full or send an itemized list of deductions — not a vague “reasonable time,” a hard deadline. Miss… Read More
We determine if you can afford a home in NYC by deciding where you want to buy. Then, you figure out what mortgage you’ll qualify for. Here’s what you’ll need to know about the NYC real estate market. This works… Read More
Experiencing an eviction can be a significant challenge. In several states, an eviction can stay on your record for up to seven years, seriously affecting your credit score and making it difficult to find suitable housing. You can continue reading… Read More
California is the most populous state in the country by a wide margin — and after two straight years of decline during the pandemic, its population is growing again. The state added roughly 108,000 residents in 2024 alone, reaching about… Read More
Looking for the best neighborhoods to live in Brooklyn? Here are five of the best areas in Brooklyn, spanning the most walkable, the safest, and the coolest corners of the borough. Brooklyn has become one of NYC’s hottest housing markets,… Read More
If you plan on buying a home in New York, there’s a good chance you’ll be paying a mansion tax, as this tax applies to all homes selling for over $1 million in the state. In 2019, authorities introduced a… Read More
The final walk-through is essential to the home-buying process just before closing the real estate transaction. This is the buyer’s chance to confirm that the property meets the agreed-upon condition and that any repairs or alterations promised by the seller… Read More
Do you need a limited liability company (LLC) for a rental property in New York City? This blog will analyze the benefits of establishing an LLC in NYC real estate. We will go over the common issues about this ownership… Read More
Given the numerous mortgage options, financing a new house can be challenging. One option worth understanding is an assumable mortgage, where the buyer takes over the seller’s existing loan — interest rate, remaining balance, and all. With today’s rates well… Read More
As a resident or property owner in NYC, you’ve likely noticed that everything is much more expensive than in other parts of the country, especially all the different taxes. So, it’s essential to know about any potential tax benefits you… Read More
Everyone knows how expensive living in New York City and New York State is. It’s one of the most expensive cities in America and the world. So, anyone living there must take advantage of every tax break or exemption. One… Read More
