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Updated over 9 years ago,

User Stats

48
Posts
6
Votes
Jacob P.
  • Investor
  • Brooklyn, NY
6
Votes |
48
Posts

Getting a tax question answered

Jacob P.
  • Investor
  • Brooklyn, NY
Posted

Hi all,

I'm under contract for a home in Brooklyn, NY. There have been some changes since we went into contract, and we have now worked out that we would be getting a change to the C/O soon after closing.

Here in NY, a change to the C/O generally results in a change in taxes. The problem I'm facing is that I am finding it extremely hard to estimate where these taxes will fall. Our broker, an architect and an accountant have given us numbers that are extremely different... To the point that it could mean the difference between a good deal and a bad deal.

The tax code in NY seems to be extremely arcane, so I don't particularly expect a BP member to be able to calculate the number. But rather, I thought you could help point me to WHO on my team (or otherwise) I might turn to for a concrete answer.

My broker is an agent with a big name national company, so I was thinking his office might have the resources. Is that something I might push for? Or other than that any ideas on who else I might try to contact to get this worked out?

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