The members of the brokerage division of the Real Estate Board of New York (REBNY) recently got together for the seminar on the future of Manhattan’s real estate market especially that of the Far West Side near Hudson River. The discussion was steered towards the features and benefits of the area which had attracted investors, home owners, … [Read more...] about Future of Manhattan Hudson Yards Development by REBNY
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Real Estate 1031 Exchange in New York
If you own an investment property and you are looking to sell that property and use the proceeds to invest in another, then you maybe able to defer any capital gains on the sale of the original property. This process is called a 1031 Exchange. You don't have to pay capital gains taxes on the sale of property if you plan to identify a replacement … [Read more...] about Real Estate 1031 Exchange in New York