Forum

Looking for advice about a home improvement project? Want to talk about what’s going on in your neighborhood? Start here.

Find older conversations in our Forum Archive.

Latest Discussions

Post a Topic

Please log in, in order to post topics and replies!

Latest Discussions

ferney1c

in Taxes 11 years and 2 months ago

Taxes after a renovation

I own an SRO that I want to convert into either a two family or a three family house. Will my taxes double, triple etc.?…

9

Updated 11 years and 2 months ago

someonecalleddob

in Taxes 11 years and 2 months ago

Renovations... now taxes... Repair vs. Capital Improvement

I recently completed a renovation and had my accountant begin the process of submitting my taxes. We had the discussion of repairs vs. capital improvements…

10

Updated 11 years and 2 months ago

nintzk86

in Taxes 11 years and 3 months ago

Will Oil to Gas Conversion and New Boiler Effect Property Tax Assessment?

I am planning on converting from oil to gas and changing my boiler, which will also require relining the chimney. I am estimating the cost…

1

Updated 11 years and 3 months ago

brooklynny

in Taxes 11 years and 4 months ago

How to allocate between building and land for depreciation

I am a first time landlord doing my taxes. I understand I can take depreciation deductions against the cost of the building but not the…

5

Updated 11 years and 3 months ago

Augustiner

in Taxes 11 years and 5 months ago

Assessed value (taxes after renovation)

How did your Assessed Value change after finishing the renovation? Did they just add the budget that was filed with the DOB permits and claim…

4

Updated 11 years and 5 months ago

hainspoint

in Taxes 11 years and 5 months ago

advice re: RPIE non-compliance notice

Yesterday I received a “2012 RPIE non-compliance notice” in the mail for our small coop. I’ve been the treasurer for the coop for over 3…

4

Updated 11 years and 5 months ago

bdavis22

in Taxes 11 years and 6 months ago

Property Taxes on a former religious facility converted back to Residential

I’m buying a brownstone in Bed-Stuy that is currently classified as a M-9 Church facility with the Dept. of Finance, even though it’s been converted…

2

Updated 11 years and 6 months ago

dnk

in Taxes 11 years and 8 months ago

The taxman cometh. Lo, and he bringeth a digital camera....

The other day I was in front of my house sanding down a board to be used in a bookcase project. At some point I…

6

Updated 11 years and 8 months ago

gemby

in Taxes 12 years ago

tax implications of buying 4-family to use as 2 or 3-family

Hi, I had been looking at 3-family homes, and happened to find a 4-family I might be interested in.  I’d plan to occupy two floors…

4

Updated 12 years ago

jeanmarine2

in Taxes 12 years ago

Tax Benefits of Converting Legal 3 Family to Legal 2 Family?

Have any of you converted your legal three family to a legal two family and reaped noticeable tax benefits, or know what tax benefits would…

2

Updated 12 years ago

jak

in Taxes 12 years ago

Unidentified Buried Object

http://cdn.brownstoner.com/517da8d5dd2c4-.jpg Can someone help me identify this? While digging in the very back of my backyard I hit something round and cement-like. After digging down…

10

Updated 12 years ago

Turtlejam19

in Taxes 12 years and 1 month ago

Accountant or Tax preparer recommendations

I am in search of recommendations for a knowledgeable and trustworthy accountant or tax preparer.  Especially looking for someone with expertise deadling with rresidential rental…

0

deancollins

in Taxes 12 years and 2 months ago

Fake decking with Trex

Has anyone here had Trex installed on their deck? What do you think of it? how long ago did you have it installed? – http://www.trex.com/plan/products/decking/accents/index.htm We’re thinking…

9

Updated 12 years and 2 months ago

newinhh

in Taxes 12 years and 3 months ago

Recommending 203k loan officer

I just closed on a townhouse in Hamilton Heights using a 203k loan from Bank of America and I highly recommend my loan officer, Nigel…

8

Updated 12 years and 3 months ago

marykc

in Taxes 12 years and 3 months ago

Tax Filings

We are an 8 unit condominium building, condo formed in 1989\.  We have a Tax ID number, are not incorporated, and I just filed form…

2

Updated 12 years and 3 months ago

zipport

in Taxes 12 years and 3 months ago

Can you recommend a licensed electrician for a brownstone

Electrical upgrade of wiring in hallways of brownstone and addition of lights and outlets.

3

Updated 12 years and 3 months ago

sourgrapes

in Taxes 12 years and 3 months ago

Trash removal

We have about 40 contractor bags of debris, mostly old plaster and drywall and a pile of wooden lath, that we would like to have…

6

Updated 12 years and 3 months ago

RunJoe

in Taxes 12 years and 4 months ago

Taxes - 1099s

I’m trying to understand the IRS reg’s when it comes to writing off repairs. As I understand it, if a homeowner spends more than $600…

2

Updated 12 years and 4 months ago

demetriayvonne

in Taxes 12 years and 5 months ago

Capital Improvement

http://cdn.brownstoner.com/50b638fa75cee-.jpg Good morning,   I received a phone call from a consulting company who is working for a client, Related Mgmt.,  that we have a…

1

Updated 12 years and 5 months ago

ea3421

in Taxes 12 years and 7 months ago

Taxes on a new 3-family

I’m considering building a new 3-family on a vacant lot. Are there any property tax exemptions/abatements that I should know about? How is the tax…

0

Can’t find the topic you’re looking for?

Find answers, ask questions, and connect with our Brownstoner community.