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

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

Jun 06, 2023 ,,,,,,

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 […]

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Compére Collective Presents: PORTALS by Savannah Green

Jun 02, 2023 ,,,,,,,

We are so excited to present our first of two June exhibits at Compére Collective, PORTALS a collage series by Savannah Green, with insights & intuitions from Eryn O’Sullivan.  Opening Reception: Friday, June 9 • 6-9pm • 351 Van Brunt St, Brooklyn PORTALS by Savannah Green PORTALS is a modern & timeless exploration of the ancient […]

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Two Birds, One Stone:  Leveraging Tax Benefits By Using Cost Segregation to Immediately Write-Off All Impaired Assets

May 11, 2023 ,,,,,

By Eli Loebenberg, CPA, CEO, Madison SPECS Over the last several years, the use of cost segregation studies as a means of lowering income taxes has gone from being a niche practice utilized by the savviest of real estate investors to an almost standard part of purchasing commercial real estate properties, whenever applicable.  This has […]

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Guidelines to Property Improvements Provide Tax Deferral Strategies

May 11, 2023 ,,,,,

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 […]

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Delaware Statutory Trusts for §1031 Exchange Replacement Property

May 11, 2023 ,,,,,

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 […]

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Worried About Renewing Your Lease? Here’s what you should do.

May 11, 2023 ,,,,,

Thinking that your landlord is not renewing your lease because you haven’t heard from him and what should you do about it? Don’t worry. The best action to take may be to do nothing.  UHH…what? That is right – do nothing. Legally your landlord is required to send you a letter for lease renewal or […]

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Spring Cleaning Tips For Homeowners

May 11, 2023 ,,,,,,,,,,

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 […]

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

May 11, 2023 ,,,,,

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 […]

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

May 11, 2023 ,,,,,,,

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, […]

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How To Find Furniture For An Apartment On A Budget

May 10, 2023 ,,,,,,,,,

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 […]

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