Capital gains tax is the largest tax most Manhattan sellers face on a sale. A plain-English breakdown of federal, state, and city rates, the $250K/$500K primary residence exclusion, FIRPTA, 1031 exchanges, and basis step-up.

Manhattan sellers typically lose 7-10% of sale price to commission, transfer taxes, attorney fees, and flip taxes. Here's the line-by-line.

Manhattan co-op boards typically require 25-30% post-tax DTI; condos look for 36-45%. Here's the income you need by price point and asset class.

The 421-a abatement saves new-development buyers thousands per year — until it expires and taxes triple overnight. Here's how to read the schedule.

Whether to rent or buy in Manhattan depends on time horizon, opportunity cost, and rent equivalence — not interest rates. Here's the actual framework.

The NYC mansion tax starts at 1% above $1M and tops out at 3.9% above $25M. Here's the full bracket table and how to plan your offer around it.

Buying a Manhattan apartment costs 2-3% of price for co-ops and 3-6% for condos with a mortgage. Here's the line-by-line breakdown of every closing cost.

Albany is debating a Manhattan pied-à-terre tax again. What Paris, Vancouver, and London tell us about how this kind of tax actually plays out.