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
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