THE VACATION HOME EXCHANGE Great Returns, An Appreciating Property and a Place to visit! Ah, paradise…Sandy beaches, mystic mountains, desert vistas… Wherever your paradise is, why not buy a vacation home there using the proceeds from your 1031 Exchange? With the advent of Airbnb™, Vacasa™ and the short term rental industry at large, owning property…
Eric Michaels our Property Management chair was recently a guest on the podcast – Peer 2 Peer Real Estate. Listen as he discusses the impact of the recent June 14th rent law that completely has turned the real estate market in New York into turmoil.
Our members not only support each other with referrals, but they also work with each other. John Kim our Video Marketing chair created this great listing video for our Residential Real Estate chair (Manhattan rentals) and it’s great. The listing at 150 West 26th Street is featured here. Watch the video now,
Since its inception in 1975, Rosenberg & Estis has been at the cutting edge of New York real estate law and has secured favorable rulings for its clients in some of the most consequential decisions issued by the courts. This past year was no different, as Rosenberg & Estis scored two high-profile victories in the…
In real estate, it’s always great when a client shows their appreciation for a job well done. A thank you note is worth its weight in gold, and studies have shown that expressing your appreciation elicits both physical and psychological benefits good to both giver and receiver. Read more about why a thank you note is such an effective part…
Marketing just got a bit easier for title companies. This past week Judge Eileen Rakower annulled the strict anti-marketing regulations enacted by the Department of Financial Services. This allows title comapnies to participate in ordinary marketing practice and removes some of the confusion. Read more at the Real Deal.
The State of New Jersey is working on a loophole for the new tax bill. Under current law, property taxes over $10k are not tax deductible. However, New Jersey may make these taxes a ‘charitable’ expense, which would be tax deductible. Other states, including California, Nebraska, Virginia, and Washington are considering similar “workaround” legislation, according to…
As a first time buyer in NYC, it is important to know the real price tag on your purchase and create a realistic budget that will help narrow your search to properties you can afford and ensure you are able to make a competitive offer when you find “the one.” 1. Downpayment Most coops will…
The Nassau County Clerk, Maureen O’Connell announced today that she will begin collecting the new fee increases, effective immediately (Monday December 7, 2015)