Prepare Yourself: High Taxes Due At Closing For NYC Real Estate

Welcome to Episode 48 of REAL ESTATE INVESTING IN NEW YORK!! Please remember to Subscribe, Review and Share this podcast, it is SO appreciated! YOU CAN ALSO WATCH THIS EPISODE ON YOUTUBE Contact me: Email: [email protected] Join me on Instagram and Tiktok Are you purchasing in NYC? I would love to answer your questions! In this episode, we are discussing all of the various taxes that must be paid at the closing table when you are buying or selling real estate in NYC. These taxes make up the bulk of your closing costs, and they can get extremely expensive! The good news is, knowing these costs in advance can get you some additional savings while you are negotiating on the property. I hope you find this information helpful, and please reach out to me if you have any questions! I always am so happy to have the opportunity to work with you - if you would like for me to represent you as your Broker as you begin the property purchase or sale process, please do not hesitate to reach out to me. Discover the value of your home Please subscribe to this channel and turn on notifications (click the bell icon) so you can keep up with the videos I post! Check out my website Description: In this episode, I’ll teach you how to renovate your NYC residence for maximum return on your investment. I’m explaining which home improvements are money-makers, and which you’ll end up taking a loss on. The key to renovating an apartment with the intent of selling is to achieve a modern, clearly ‘renovated’ aesthetic, while omitting unnecessary features and expenses that will not increase the price your home sells for. I hope you find this information helpful, and please reach out to me if you have any questions!