Understanding The Different Types of Violations on NYC Real Estate


There are numerous types of violations in New York City. Three of the most common are HPD, DOB, and ECB violations. Below you will find a basic breakdown of each of these violations, what they mean, and what action should be taken. HPD Violations A Department of Housing Preservation and Development Violation, better known as … More Understanding The Different Types of Violations on NYC Real Estate

THE BASICS: TAX-DEFERRED EXCHANGES UNDER IRC SECTION 1031


Knowing some basic rules behind Internal Revenue Code 1031 can help investors defer paying capital gain tax on property dispositions, resulting in more money to invest in new property acquisition. Generally, any real property can be exchanged, provided it is held “for productive use in a trade or business” or for “investment” and is exchanged … More THE BASICS: TAX-DEFERRED EXCHANGES UNDER IRC SECTION 1031