Major Tax Breaks for Foreign Entities Selling U.S. Real Estate Interests
There are many foreign investors, including individuals and corporations, who invest in the U.S. real estate market. There are several taxation provisions that govern the sale of foreign-held investment properties. The Protecting Americans from Tax Hikes Acts of 2015 (PATH) contains provisions which direct how real estate profits are taxed, and created exceptions when the…
Neil Garfinkel: Lenders Will Adapt To TRID; Investors, Maybe Not
Firm Partner Neil Garfinkel was recently interviewed by MortgageOrb. Mr. Garfinkel discussed his perspective on the latest developments in the mortgage industry – including how existing and proposed legislation is affecting the real estate and mortgage markets in New York and nationwide. To read the MortgageOrb article, click here. © 2018 Abrams Garfinkel Margolis Bergson, LLP. All Rights Reserved. Attorney Advertising:…
Six Tips for a Painless Closing – Bankrate.com
In this week’s Real Estate highlight from Bankrate.com, Neil comments on the six tips aimed at improving a home owner’s closing experience. Click here to read the full article. © 2018 Abrams Garfinkel Margolis Bergson, LLP. All Rights Reserved. Attorney Advertising: Please note that prior results do not guarantee a similar outcome.
The Real Deal: Lender Liasons
In this article, The Real Deal describes how home sellers are changing their roles by taking lending matters into their own hands. Neil is referenced in this informative piece commenting on the new relationships between buyers, sellers, and banks. Read the full article here. © 2018 Abrams Garfinkel Margolis Bergson, LLP. All Rights Reserved. Attorney Advertising: Please…
NYTimes: Offering Plans to Read on Your PC
Neil is featured in the New York Times Real Estate section commenting on the new mandatory digital format of offering plans. Read the entire article here. © 2018 Abrams Garfinkel Margolis Bergson, LLP. All Rights Reserved. Attorney Advertising: Please note that prior results do not guarantee a similar outcome.
New York Observer: Offering Plans Will Go Digital: AG
Neil is quoted in this week’s New York Observer discussing the attorney general’s mandate to digitize offering plans. Read the full post here. © 2018 Abrams Garfinkel Margolis Bergson, LLP. All Rights Reserved. Attorney Advertising: Please note that prior results do not guarantee a similar outcome.
The Real Deal – A House Divided
In this month’s issue of The Real Deal, Neil Garfinkel is referenced in an article that outlines the complicated relationships between brokers, sellers, and buyers. Since the 2009 ruling in lawsuit Douglas Elliman LLC vs. Tretter, the usage of new disclosure forms – drafted by REBNY with the involvement of Neil serving as residential counsel –…
Newsday – Refinance Demand Delays Closings
Neil is recently quoted in this Newsday real estate blog post detailing how low interest rates in Long Island have affected the refinancing of homes. Click here to read the article. © 2018 Abrams Garfinkel Margolis Bergson, LLP. All Rights Reserved. Attorney Advertising: Please note that prior results do not guarantee a similar outcome.
WSJ – Storm Puts a Drag on Property Sales
Neil Garfinkel is referenced by the Wall Street Journal’s real estate section in a top story published September 13. The article focuses on Hurricane Irene’s effects on mortgage business and how the aftermath of the storm has delayed scheduled closings in affected areas, resulting in possible losses for brokers as well as consumers. Read the full article here.…
Home-Swapping Sites No Easy Fix for Desperate Sellers
Neil Garfinkel is quoted in an article by AnnaMaria Andriotis in SmartMoney –“Home-Swapping Sites No Easy Fix For Sellers” An excerpt appears below: “Really treat this transaction as you would treat any other,” says Neil Garfinkel, a real estate attorney and partner at the New York-based firm, Abrams Garfinkel Margolis Bergson. Think twice before accepting the attorney…