Tuesday, 7 May 2019

It’s deal frenzy before the taxman cometh

Buyers and sellers hoping to sidestep the state’s new taxes on high-end homes have a fast-disappearing window of opportunity. And the industry’s efforts to help them do it could reveal what may be in store for New York’s troubled residential market. New York State’s new mansion and transfer taxes go into effect July 1. Though any sale where a contract was signed after April 1 would technically be subject to the new taxes, if the […]



source https://therealdeal.com/2019/05/07/its-deal-frenzy-before-the-taxman-cometh/

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