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Buying-New-Development-Condo-NYC
October 4, 2017  |   By: Max Dilendorf, Rika Khurdayan and Gleb Zaslavsky

13 Tips for Buying in a New Condo Development in NYC

For those interested in buying an apartment in Manhattan or one of New York City’s other boroughs, one popular option is to purchase a condominium (“condo”) in one of the City’s many new condo developments. NYC developers annually add several thousand new condo units in Manhattan alone. Buyers are …

October 4, 2017  |   By: Max Dilendorf, Rika Khurdayan and Gleb Zaslavsky

USA and the New Era of Financial Transparency (CRS/FATCA)

This presentation covers the latest changes in the global exchange of financial information under CRS and FATCA, the role of the United States as the leading offshore destination for foreign clients, the privacy and security protections offered by the U.S. holding structures and the benefits of settling a …

September 13, 2017  |   By: Max Dilendorf, Rika Khurdayan and Gleb Zaslavsky

Why Canadians Should Avoid LLCs When Buying U.S. Real Estate

In the years following the Great Recession, foreign buyers from around the world began heavily investing in U.S. real estate. For much of that time, the Chinese were the predominant force in international purchases. But since the imposition of capital controls by the Chinese government earlier this year, Canadians …

September 3, 2017  |   By: Max Dilendorf, Rika Khurdayan and Gleb Zaslavsky

Understanding what the DAO did wrong

2017 witnessed explosive growth in the use of token generation events (also known as ICOs, for “initial coin offerings”) to raise capital for startups and other Internet firms. According to the New York Times, more than

August 22, 2017  |   By: Max Dilendorf, Rika Khurdayan and Gleb Zaslavsky

New York is the New Switzerland or Why Foreign Buyers Will Continue Investing in NYC Real Estate

In recent years, foreign capital played a large role in driving sales of New York City real estate. But in the last six months, some market analysts have pointed to local and national changes to suggest that such foreign investments may be drying up.

These analysts argued that the current real estate …

14-Things-Foreign-Buyers-Sellers-Know-About-NYC-Re
August 21, 2017  |   By: Max Dilendorf, Rika Khurdayan and Gleb Zaslavsky

14 Things Every Foreign Buyer of NYC Real Estate Should Know

Recent years have seen an increase in the number of foreign buyers dealing in U.S. real estate, with many focusing their attention on New York properties. The process of buying New York real estate can be a complicated one for foreigners.

This guide summarizes the top 14 things that foreign buyers should …

July 29, 2017  |   By: Max Dilendorf, Rika Khurdayan and Gleb Zaslavsky

7 Tips for Buying a Townhouse in New York City

When most people consider buying residential property in New York City, their first question is whether they should purchase a unit in a co-operative (co-op) or condominium (condo).

However, many purchasers are more interested in owning one of the many historic townhouses that can still be found throughout …

Foreign-Buyers- NYC-Real-Estate-Tax-Legal-Guide
July 23, 2017  |   By: Max Dilendorf, Rika Khurdayan and Gleb Zaslavsky

Foreign Investment in New York Real Estate: Tax & Legal Guide

Foreign investments in U.S. real estate, particularly in New York City, have dramatically increased over the past several years and are expected to grow. While foreign investors flock to New York City to acquire real estate, very few realize the dire tax and legal consequences of investing into U.S. real estate …

July 10, 2017  |   By: Max Dilendorf, Rika Khurdayan and Gleb Zaslavsky

NYC Closing Cost Guide: Condos, Coops & Townhouses

NOTES

1. Broker Commissions. When the buyer is represented by a real-estate agent, the 6% commission paid by the seller is split between the seller’s and buyer’s agents.

2. New York City Real Property Transfer Tax. For more information about the Real Property Transfer Tax, see our service page …

Guide-to-Pre-Immigration-U.S.-Tax-Planning
April 18, 2017  |   By: Max Dilendorf, Rika Khurdayan and Gleb Zaslavsky

Guide to Pre-Immigration U.S. Tax Planning for High-Net-Worth Individuals & Families

A person planning to immigrate to the United States is likely already familiar with the complexities of U.S. immigration law. However, the prospective immigrant may not yet realize that he or she needs to pay attention to, and plan for, yet another complex body of U.S. law: taxes.

The U.S. government …

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