Is buying a coop apt. considered as a real estate? Do you get a tax break at the end of the year? marieluv
Answers (3)
The answer is check with your accountant. Yes in most places.
Web Reference: http://MichaelBenninger.net
Tillie,
As mentioned earlier, coop's are considered real property and subject to taxes.
FIRST ANSWER
Yes it is real estate. You will be paying property taxes and they are deductible.
Web Reference: http://GailGladstone.com
Didn’t find what you were looking for? Ask a question!
More Q&A about Home Buying in 10467
View all »
Answered Wed Jul 8 2009, 10:03 by Michael Benninger in 10467
Ask a question
Got a real estate question? Get answers from locals, experts and real estate pros.
Email me when…
View all »
1 - 3 of 309
|
|
|
|
|||||||||||
|
|
|
Copyright © 2009
Trulia, Inc. All rights reserved. |
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
Help us improve our service—send us feedback