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7 Things To Consider When Selling Your Home

When selling your home, you are embarking upon the next chapter in your life, whether that be a move into a larger abode, a different city, or in with a significant other. Whatever the reason, this transition can be overwhelming, and so checking off your list of things to do when selling your home can...

5 Ways to Incorporate Estate Planning Into Your 2023 New Year’s Resolution

Surveys revealed the top New Year’s resolutions for 2022 included exercising more, losing weight, saving more money, improving diet plans, and pursuing a new career goal. Did you notice a common theme with all of those resolutions? Most of them center around bettering our own, not our family’s, well-being. If you’re hoping to make a...

How Long Do You Have to Hold a 1031 Exchange Property Before Selling?

A 1031 exchange refers to Section 1031 of the U.S. Internal Revenue Code allowing an owner of an investment property the ability to reinvest in a different property of “like-kind” without triggering capital gains until the final exchange of a piece of property is sold. This deferment can be used for multiple investment properties, one...

When Do You Need to Start Estate Planning?

An alarming number of Americans do not have any type of estate plan in place. A recent survey cited by the AARP found that six in 10 adults in the United States do not have a will, living trust, or any other basic estate planning documents. Notably, people between the ages of 18 and 50...

Who Pays Real Estate Closing Costs in New York?

Closing costs are any charges over and above the price of the real estate that is due at closing. No matter which side of the real estate transaction you are on in New York City, you will be subject to some type of closing costs. Whether you are a buyer or a seller, closing costs...

What Are the Disadvantages of Owning a Condo in NYC?

Buying real estate in New York City can be overwhelming and confusing. Depending on where you want to live in the city, you will most likely be looking at apartment housing in the form of co-ops or condos. While condos are more common in other areas of the country, here in New York City, 75...