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The Boston area has old and beautiful architecture, with some homes dating back to the 1800s. While you may feel tempted to buy one of these properties, it is important to know that older homes always come with extra problems. Psychologically impacted properties The...
The real estate market in the United States can be a great way for a foreign investor to get into the country and cash in. There are many people taking advantage of this opportunity. The National Association of Realtors created the 2022 Profile of International...
Countries are returning to business as usual following the restrictions of the pandemic and see the U.S. as an attractive location for commercial real estate investment. While global uncertainties exist such as inflation, geopolitical conflict and supply chain...
While some travelers romanticize living in a country as they experience the people and culture, others have the opportunity to make those dreams a reality. Those who take steps to own property internationally must undergo serious research and seek advice. Potential...
When you are buying real estate in New York City, you want to be sure that the property will live up to your expectations, particularly if you want to use it to generate income. Sometimes unexpected problems complicate a purchase, and you may have second thoughts...
Real estate developers hoping to expand their construction space in New York City may buy rights to build in a vertical direction. These development rights include the empty air space above an existing building. Cornell University explains how air rights consist of...
New York property owners have six years from a building's substantial completion date to file a construction defect lawsuit. As noted by ConstructionDive.com, developers owe a duty of care to follow the requirements of local building codes. Building contracts often...
If you sell a property you own, then you will need to file a 1099-S form for tax purposes. According to REtipster, this form is part of the closing process and reports your profits from the sale. The IRS requires you to file a 1099-S form to ensure you pay all...
Any foreign holder of real estate in New York likely knows just how tricky tax laws surrounding purchases and sales can be. Many owners want to avoid a sizable payment to the U.S. government come April 15th and choose to participate in a 1031 exchange instead. In New...
Many people from outside the United States find it worthwhile to invest in American real estate. This is due in part to the fact that American real estate is relatively stable and poised for continued economic growth. You do not have to hold a green card or U.S....