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.
Real estate investors seeking to increase their earning potential and take on more complex projects often consider multifamily investing. This strategy can be highly profitable and offer significant growth opportunities, but it can also be complex and costly. Below, we… Read More
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
Located at the foothills of the world-class Rocky Mountains, Denver offers many attractions, including a strong economy, excellent food, a vibrant nightlife, and numerous safe neighborhoods. However, some areas are best avoided because of elevated crime rates. While Denver is… Read More
Pittsburgh is a historic city recognized in the United States for its sports teams and culinary offerings. While it serves as a cultural and economic hub in the region, several neighborhoods in Pittsburgh are best to avoid because of safety… Read More
When people think of Portland, they might picture a refreshing West Coast city with crisp mountain views and fantastic cuisine. However, lately, Portland has been getting bad publicity regarding crime and safety. For those looking to visit or move to… Read More
The disadvantages of purchasing an HDFC co-op include financing challenges, high flip taxes, restrictions on subletting, real estate governance issues within the building, and the risk of regulatory changes that could negatively impact HDFC values. Let’s discuss buying an HDFC… Read More
There is much to consider when considering buying properties in a place like Westchester. You’ll have to consider how close your home is to major amenities like schools, restaurants, or grocery stores. You must also watch for things you want… Read More
There are a lot of closing costs associated with purchasing a home. Using a CEMA Mortgage loan in NYC is an excellent way for buyers to save money by reducing their mortgage recording tax liability. In this guide, we’ll go… Read More
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
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
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
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
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
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