With vibrant neighborhoods and ongoing revitalization efforts, the city provides opportunities for both residential and commercial investment, making it an appealing choice for long-term growth.I hope you the best in your endeavors. 

Multiple residential rental projects have recently completed on the street with others either in progress or about to break ground.

His question was, if you have a long-term residential lease signed 1+ years and the property is rented out, does the mortgage still count against your DTI?

@Shannon MogilinskiAre you referring to the residential market?

Small-scale commercial (mixed-use, 5-unit apartments, strip mall) are often handled by more residential agents where they are used to a different way of doing things.

I am a student in NYC, and have been working towards starting a wholesale company in the city, mainly focusing on servicing residential properties in Queens, BK, and LI.

You can’t deduct the full cost in the year you make the improvement, but you would depreciate it over the useful life of the improvement (usually over a period specific to the type of asset, like 5, 7, or 15 years, or over 27.5 years for residential property improvements).

Take care, Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

So please take a few minutes to complete the opposition form and share it with anyone you think will be affected by itKey details of this ordinance include:Demolition surcharge quadrupled as part of a “pilot program”The fee for demolition within the pilot zone will increase from $15,000 to $60,000 for a detached house, townhouse or two flat.For a coach house or multiunit residential building, the fee will increase from $5,000 to $20,000 per dwelling unit for the demolition.

A home was on it prior but burned down last year and it’s in the middle of a residential community.