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Real Estate Taxes

Avoid Taxes On Your Home Sale Legally

MoneyTips | Posted 10.20.2015 | Business

The "basis" of your home is the value of your home for tax purposes. Your original cost basis is the amount of money that you paid for your home. As time goes by, events adjust this cost basis in either direction.

The Buzz On the "Mansion" Tax

Toni Haber | Posted 05.25.2014 | New York
Toni Haber

I thought this would be a good opportunity to explain the tax, how it works and ask whether it should be changed in the future.

10 Things to Consider Before Making an Offer On a Home | Posted 05.19.2014 | HuffPost Home

Your realtor can be a valuable resource in gathering information for you and getting the answers to your questions from the seller's agent. In the meantime, you can be proactive and do some of your own research.

Good News for NYC Condo/Coop Owners: A Tax Abatement Extension

Toni Haber | Posted 04.08.2013 | New York
Toni Haber

New York City has a well-earned reputation for being one of the most expensive housing markets. Fewer know, however, that New York City has been helping coop and condo owners address this price pressure through NYC Condo/Coop Tax Abatement Extensions.

Tired of Climbing Up the Real Esate Ladder

Lita Smith-Mines | Posted 08.21.2012 | New York
Lita Smith-Mines

The would-be home buyer didn't like my advice about selling her house before she went to contract on another one. "That won't work. I won't have a p...

A Big Piece of the Pie: New York City's Insatiable Appetite

Ron Gitter | Posted 06.06.2012 | New York
Ron Gitter

If there is one issue about owning a co-op or condo that will take center stage over the next few years, it will no doubt be carrying costs.

Penniless Counties Repel Purchasers

Lita Smith-Mines | Posted 05.11.2012 | New York
Lita Smith-Mines

A chat with a house-hunt dropout added another anti-buy refrain to the song shunned home sellers are hearing. "Your county is broke, I'm not going to fix it. No one's getting my money to clear up your deficit."

Due Diligence Is More Than Reading An Appraisal

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Whether you are acquiring eight or 800 units, there are no shortcuts. The process of determining investment worthiness, is called due diligence.