Real Estate Perspectives, September 2021

September 29, 2021

Nonprofit newsletter August 2021

Real Estate Perspectives - September 2021

Mansion Tax Adds to Array of Transfer Taxes When Buying, Selling Real Property
By Neil A. Sonenberg & Erin Kiernan

When buying and selling real estate in New York City, transfer taxes are generally expected. However, buyers of valuable real estate in New York City should also be aware of the Mansion Tax, an additional tax of 1% to 3.9% of the sales price over $1 million.
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Real Estate Perspectives - September 2021

How SVOG Grant Recipients Can Get Ready for a Single Audit
By Scott M. Brenner & John D'Amico

Some Shuttered Venue Operators Grants (SVOG) recipients may be required to submit a Single Audit. Learn who will be affected and how to prepare for the audit.
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Real Estate Perspectives - September 2021

Reminder: New York Pass-Through Entity Tax Elections Are Due October 15, 2021
By James (Jay) M. Brower, Jr. Jennifer Prendamano

The deadline to elect into New York’s new Pass-Through Entity tax for the 2021 tax year is October 15, 2021. But those who are eligible must set up a Business Online Services account in advance. Learn if your organization qualifies and find instructions on how to set up an account.
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