Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Upstate New York Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

2
Posts
1
Votes
Robert Cosman
1
Votes |
2
Posts

Experience owning rentals in New York? is it worth the taxes?

Robert Cosman
Posted

I have an opportunity to invest with a partner who lives in Syracuse, NY.  There are some really good deals to be had with good cash flow, and he is willing to do a lot of the work.  I'm worried about possible tax issues since I live in Virginia.  New York is super aggressive on taxation.  Does anyone have experience owning rental properties in New York (not NYC) that can tell me if it is worth it?  I'm not sure what I don't know that I should know before getting involved with NY.  Anything I need to avoid or know about?  Thanks for your advice and experience!  

Loading replies...