New York City

AAPL Opposes Anti-Flipping Taxes/Special Conveyance Flip Taxes

By |2020-03-16T19:34:25-05:00March 16th, 2020|Advocacy|0 Comments

Instead, promote incentives to increase economic activity and to create the change we all want to see. Most states or other governmental subdivisions that we are aware of impose what is known as a conveyance tax, transfer tax, sales tax or fee on the sale of real property. These taxes are generally very low in [...]

By |2020-03-16T19:34:25-05:00March 16th, 2020|Advocacy|0 Comments

New York Wants to Kill Your Deal

By |2019-12-18T19:12:56-06:00December 18th, 2019|Advocacy|0 Comments

Senate Bill S3060E introduced in the New York state legislature would dramatically increase the transfer tax on fix-and-flip residential property. The New York state legislature is trying to pass a law to dramatically increase the transfer tax on certain family properties sold within two years of original acquisition in New York City. (Note: For certain [...]

By |2019-12-18T19:12:56-06:00December 18th, 2019|Advocacy|0 Comments

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