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Updated about 4 years ago on . Most recent reply presented by

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Justin Stewart
  • Daytona Beach, FL
2
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16
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New York property taxes

Justin Stewart
  • Daytona Beach, FL
Posted

Happy Friday everyone!! Quick question, does NY have any homestead exemption in property taxes? I'm analyzing deals and trying to get an accurate estimate of yearly taxes to be paid.

In Florida we have a homestead exemption, so it is cheaper for owner occupant vs investors owning and renting out a property. Thank you in advance!

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16
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2
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Justin Stewart
  • Daytona Beach, FL
2
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16
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Justin Stewart
  • Daytona Beach, FL
Replied

@Frank Chin exactly, I've seen where people factor in taxes where it's owner occupied and then it eats into cash flow when the exemption is removed!!! Don't need any surprises due to lack of diligence on my part.

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