New York City’s Proposed Second Home Tax Regimen: What Property Owners Need to Know

New York City’s Proposed Second Home Tax Regimen: What Property Owners Need to Know

New York City is once again considering a major shift in how it taxes high-value real estate—specifically, luxury second homes owned by non-residents. The proposal, commonly referred to as a “pied-à-terre tax,” would impose an additional annual surcharge on certain…

CLE Presentation by Shamsey Oloko

 Interest on Home Equity Loans Often Still Deductible Under new Law

Interest on Home Equity Loans Often Still Deductible Under new Law

Interest on Home Equity Loans Still Deductible Under New Law   The Internal Revenue Service today advised taxpayers that in many cases they can continue to deduct interest paid on home equity loans. Responding to many questions received from taxpayers…

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