How to Get Involved in Your Co-op.

Many who were able to buy in Brooklyn opted for the more affordable option, the co-op. Sharing the common expenses, such as building maintenance, property taxes and occasionally utilities, keeps the monthly costs of owning much lower than other alternatives. Living in a co-op can also be a lovely communal experience and, if you are […]

Is My Co-op Maintenance Tax Deductible? by Jane Herro

The short answer is YES – a percentage of your monthly maintenance is tax deductible and this percentage is different from unit to unit depending on¬†number of shares owned. With a co-op, the amount of the maintenance that is tax deductible is based on the portion that is used to pay real estate taxes and […]