This was the city's error and you shouldn't be penalized.

@Muriel Hair here's some articles about Detroit increasing over 20% in 2024...https://detroitmi.gov/news/detroit-home-values-increased-ave...https://www.cbsnews.com/detroit/news/detroit-home-prices-amo...https://www.detroitnews.com/story/news/local/detroit-city/20...

Let's of NYC investors look at other cities in NY, Rochester, Buffalo, etc... they can drive to them to see them, and they know the state well enough to feel comfortable.Most of the rust belt cities in NY offer cash flow as well. 

I have a contact in the city dept of Kyle.

Where city meets country and my favorite part.

I went to the city and they verbally told me it’s ok to turn it back into a duplex.

If you switch to or stay with the custom tax settings, you'll need to update the amount of tax collected to 7.75% because the 9% city tax will be collected and remitted by law to the city on your behalf, but  the 6% state and 1.75% county tax will be collected and sent to you to remit to the state and via Avenu to the county. 

I own about 5 rentals in the same city in lousiana.

This is why I build outside city limits.

The city offers a mix of high appreciation potential in certain areas and solid cash flow in others.