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CPA with Knowledge of NY Real Estate Escrow Law

New York

CPA with Knowledge of NY Real Estate Escrow Law

A client of mine is selling a CoOp in TriBeCa and needs to put $450K (coming from the purchase price) into escrow with the CoOp Board so that the Buyer as 20% down for the purchase. Is there away to avoid paying the taxes on this $450k?
Dec 09, 2022

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