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Considering Renting vs. Owning: Exploring the Advantages and Financial Considerations

For many Americans, the decision between renting vs. owning a home may seem daunting, with doubts about their ability to cover the costs. However, it’s important to note that renting vs. owning each has advantages. Before you make a decision, take a moment to consider the following points. Advantages of Renting Renting a house or […]

Guidelines to Property Improvements Provide Tax Deferral Strategies

By: Eli Loebenberg, CPA, CEO, Madison SPECS   A key component of any commercial lease agreement is the tenant improvements and allowances, which are provided by the landlord.  The landlord usually provides customized alterations to a rental space in order to configure the property for the needs of that particular tenant. The costs of building […]

Delaware Statutory Trusts for §1031 Exchange Replacement Property

By Barry Neustadt, CPA, Tax Director, Madison 1031 Madison §1031’s exchange clients are often challenged face to find a suitable Replacement Property within the tight 45-day identification period.  We hear about cap rate compression from nearly every investor.  Then, when they find a property, they still need to negotiate an acceptable price and complete their […]

Spring Cleaning Tips For Homeowners

Spring has sprung, and you know what that means…spring cleaning! It’s time to open those windows, let the fresh air in, and clean out the grime your home collected during winter. It’s a new season, and what better way to start fresh than giving your home a good old cleaning! Keep reading below for a […]

NYC Student Housing: 8 Tips for Finding Your Perfect Place in Brooklyn

Are you planning to live off campus while attending the many colleges and universities in New York City? You can find housing in NYC for students all over, but consider moving out of the borough of Manhattan.  Brooklyn can be a home away from home and just a subway ride away from many of the […]

New NYC Airbnb Law Requires You To Register Your Short-Term Rentals

A short-term rental property has become a popular side hustle to provide an additional income stream. This is where tenants, landlords, and building owners are at battle. Some New York residents are applying for rentals without intending to live there. The idea is to list them as short-term rental properties on websites like Airbnb, Vrbo, […]

How To Find Furniture For An Apartment On A Budget

Did you find the perfect apartment in Brooklyn but realize you didn’t save to furnish your new place? That is not a problem. There are many ways to furnish your apartment, especially in Brooklyn, NY.  Below are ways you can find furniture for an apartment on a budget.  (PS Tina Fallon guest wrote a blog […]

Did New Construction In Brooklyn Move in Next Door? Here is how to handle it.

Construction can be noisy and overall irritating, especially when you’re living right next to it. This is the case for most Brooklynites and New York City residents. On the bright side, there are actions you can take to block out the construction and keep your discomfort at a minimum during this time.  Collect All The […]

Women-Owned Business Mother’s Day Gift Guide

It’s Mother’s Day again, and you might be racking your brain over what to get the person who never seems to need anything – your mom. Even though she says she doesn’t want anything other than some time with her kids (or grandkids!), it’s nice to get her a gift she’ll love.  What’s better than […]

5 Tips for Growing Your Own Balcony Garden

Living in Brooklyn, it’s considered a miracle if you get any shared outdoor space or a communal rooftop. It’s even more rare to have a private balcony or terrace, which means if you have one of those, it would be a sin not to take advantage of it. And no, fire escapes don’t count since […]