3 ms·
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by paulddraper 4mo ago
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- toomuchtodo 4mo agoYou have described an investment property, not an unoccupied second home exposed to the pied-a-terre tax, if you rent it out (whether mortgaged or free and clear).
- slackfan 4mo agoWhat they also have described is a dacha.
- sunshowers 4mo agoRead the fine article? > While the tax seems large, experts say the city’s antiquated assessment and valuation system dramatically undervalues properties, reducing the burden. City valuations can often be 10% or less of the true market value, they said.