‘It’s the ultimate regifting’: My mom gave me a house. Should I transfer it back to her to reduce capital gains?
“The property is very old and requires significant ongoing maintenance.”
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Mamdani, Council Common Ground: COPA & J-51 Push
New York City is in for a raft of new housing laws that include COPA and a revival of the J-51 tax abatement. Lawmakers on the Committee on Housing and Buildings held an oversight hearing Wednesday about a wide range of housing initiatives, including J-51 reauthorization and the Community Opportunity to Purchase Act, which has…
