landlords

Feb. 17, 2023

Capital Gains Tax on Home Selling

Here is how you can reduce the taxation on your capital gains

When you make a profit, this is known as a capital gain and this profit is taxed. But many people don’t realize that there are ways to avoid getting taxed on a portion if not all of the …

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Posted in Blog, Buyers, landlords, Sellers
Feb. 8, 2023

Six Big Rental Property Tax Deductions All Landlords Should Know About

 Are you a landlord? Did you know about these tax deductions?

Mortgage Interest is considered a business expense. Each time you pay for this, this can be written as a tax-deductible

Property Tax for an investment property can be written down as a tax deductible.

Repairs made to your …

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Posted in Blog, landlords
March 31, 2022

3 Disadvantages of Being a Landlord in Queens, NY

 

Three of the biggest disadvantages of being a landlord in Queens.

Last time, I talked about the advantages of being a landlord in Queens. Today I want to bring you the second half of the picture and talk about the disadvantages. Despite the rental income and appreciation, being a …

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Posted in Blog, landlords
March 15, 2022

Pros and cons of becoming a landlord in Queens, NYC

The three major advantages of renting out property in Queens.

Whether you own a single-family home or a multi-unit building in Queens, there are advantages and disadvantages to being a landlord. If you’re considering making this kind of investment, knowing both will help you decide if it’s right for you …

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Posted in Blog, landlords