In New York if you own a home and it is your primary residence, you are entitlted to School Tax Relief Assistance Rebate - STAR.  More than 3.3 million homeowners receive deductions off their local school taxes.  In addition to the Basic flat STAR deduction that all homeowners receive regardless of the property size or value, as long as it is your primary residence, there are additional Tax deductions for Seniors and Veterans. To qualify though you must apply for it locally ...   Click here to see if you qualify and how to apply.  

New York also has an additional tax referred to as the Mansion Tax. This tax applies when a home is purchased for over $1,000,000, the buyer is then responsible for paying ...   Read more

Section 1031 of the U.S. Internal Revenue Code allows investors to defer capital gains taxes on the exchange of like-kind properties. 1031, or tax-deferred, exchanges hold great advantages for both investors and REALTORS® .  Read more