New York Mansion Tax Guide
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
Own a rental property under my name or under an LLC?
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
2025 Guide to NYC Cooperative and Condominium Tax Abatement
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
2025 NYC Senior Citizen Homeowners’ Exemption (“SCHE”) Guide
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
What is a private mortgage insurance on mortgage in NYC?
When you first apply for financing during your real estate purchase, you will hear many different terms. Along with the various loan types (ARM, conventional, FHA, VA), you may also listen to whispers about mortgage insurance. If you get mortgage… Read More
NYC Transfer Taxes in 2026: What Buyers and Sellers Actually Pay
Many NYC sellers focus on the sale price and only later realize how much transfer taxes affect what they actually take home. Transfer taxes alone can run into the tens or even hundreds of thousands of dollars, depending on the… Read More