The Nest

NestApple's Real Estate Blog

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.

Capital Gains Tax on Co-op in NYC in 2024

When you sell a co-op in NYC, you are subject to federal and state capital gains tax. However, you may be able to exclude up to $500,000 of gains under the Section 121 home sale exclusion. This is provided you… Read More

Do Smaller NYC Condo Buildings Pay Lower Property Taxes?

Is it true that smaller condo buildings pay lower taxes? An interesting aspect of New York City’s current property tax system is that homeowners in condo and co-op buildings with ten or fewer units pay lower property taxes than unit… Read More

Advantages & Disadvantages of an LLC for investment Property

There is a growing trend among investors who manage rental properties to form LLCs. While LLCs offer limited liability protection, they also have disadvantages, such as financial complexity, higher financing costs, intricate tax implications, transferability challenges, potential tenant relationship issues,… Read More

How to Utilize Local SEO in the Real Estate Industry

It’s estimated that 96% of home buyers search for homes online. Positioning your real estate website to appear on the first page of search results can help you generate reliable ongoing business and close more sales. With the National Association… Read More

How a Hot Tub Can Elevate Your Home’s Market Price

Ever thought about how a hot tub could boost your home’s market value? We’re here to tell you it’s not just a pipe dream. With the right approach, a hot tub can be a game-changer when upping the price tag… Read More

Real Estate Trends: What Every Realtor Should Know in 2024

As the real estate market continues to evolve rapidly, staying informed about the latest trends is crucial for professionals in the industry. The landscape in 2024 is shaping up to be a dynamic mix of new technology, changing market demographics,… Read More