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.
The disadvantages of purchasing an HDFC co-op include financing challenges, high flip taxes, restrictions on subletting, real estate governance issues in the building, and the risk of regulatory changes that might negatively impact the value of HDFCs. Let’s discuss Buying… 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