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.

Juliet Balcony in NYC – NestApple Guide (2025)

A Juliet balcony is a narrow balcony that typically ranges in depth from just a few inches to a couple of feet, making it too small to accommodate outdoor furniture. These balconies are valuable design features for buildings where adding… Read More

Cheapest Places to Live in California (2025)

The most affordable places to live in California and in the United States include Clearlake, Eureka, Bakersfield, and Stockton. Despite the state’s reputation for high real estate prices, these areas offer significant affordability. For instance, Clearlake has the lowest median… Read More

Best Neighborhoods to live in Queens (2025)

Queens is the largest borough by area in New York City and boasts remarkable diversity. Some of the best neighborhoods to consider in Queens include Long Island City, Forest Hills, and Middle Village. Here are the top places to live… Read More

What is “Step-Up in Basis” in Real Estate (2025)

The step-up in basis for real estate is an important tax provision that applies to properties and other assets transferred upon death. This provision allows heirs to inherit property at a new basis equal to the fair market value of… Read More

Can You Rent Out a House With a Mortgage? (2025)

If you have closed on a mortgage for a primary residence, you can typically rent it out after living in it for at least one year. Most mortgage agreements in the United States include a clause that requires you to… Read More

Are Buyer Broker Commission Rebates Taxable in NYC?

Buyer broker commission rebates are legal in New York, including New York City, and are generally non-taxable income. Therefore, most buyer agents in NYC typically do not issue a 1099 IRS form when providing a buyer broker commission rebate.  In the… Read More