A “Rise and Prosper” Success Story

Terry Ganer, chapter 36’s CPA seat was intimately involved in the sale negotiations–up until 11p the night before the sale. Terry describes the last three weeks since the talks started as  “stressful, amazing, exciting, and eye-opening.  I had never been part of a start-up from inception to sale to a listed company.”

Vacation Home Exchange from Statewide Abstract

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…

New Video Listing!

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,  

DIY Estate Planning…

I read an article in the New York Times about wills recently that I found to be misleading enough that I had to write about it. It appeared in the September 8 print edition, and can be found online here.  Titled “Making Wills Easier and Cheaper With Do-It-Yourself Options” (and titled differently in the print edition),…

Letters That We Love.

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…

Money to be Made at BNI!

BNI is making money happen for its members even during the traditionally sleepy summer months. Sean Mathey took home over $1000 in the chapter’s weekly raffle jackpot!  That’s not the only good news–Chapter 36 is on target to reach its goal of over a million dollars in closed business this year. Visit BNI Chapter 36,…

May is Disability Awareness Month

May is Disability Insurance Awareness Month.  A doctor or an attorney is usually protected via income insurance, however, what about the rest of working adults?  In our high earning years the probability of a sickness or injury keeping us from working is high and if you don’t have another income, an inheritance or lotto to…

Are LGBT Workers Saving for the Future?

The Aegon Center for Longevity and Retirement took a look at how well prepared the LGBT community is for retirement. In its recent study “LGBT: Retirement Preparations Amid Social Progress,” Aegon says,“Until recently, LGBT people were legally denied same-sex relationship recognition, limiting their ability to get married and start families. In addition, discrimination in the workplace…

A Flaw in the Tax Formula? No Way!

Most of us are relieved to be over the hurdle of filing our 2017 taxes. But, there are always issues that present problems for filers. Check out this story about the math student, his Uber driver, Obamacare subsidy, and taxes. Sam Ferguson, 27 is a math Ph.D. student at New York University who was discussing…

“The Humans”

“All happy families are alike, every unhappy family is alike in its own way.” “Anna Karenina”, Leo Tolstoy In a world where Bob Dylan is a Nobel prize winner and a judge of beauty pageants is a presidential hopeful, “The Humans” is a Broadway show and an also-ran for the Pulitzer Prize. Again, much like…

The Crowdfunding Craze: A Primer for Tax Professionals

Read the full article at the Taxstringer site  The popularity of Internet crowdfunding has exploded in recent years.  As individuals and businesses turn increasingly to this alternative form of financing, the regulatory response has been outpaced, leaving tax and legal advisors on uneven ground regarding client counsel.  This article provides an introduction to the players…

What Does it Cost to Buy a Home in NYC

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…