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Nick at Hauseit (https://www.hauseit.com) demystifies income limits for HDFC co-ops in NYC. Save money when buying in NYC with a commission rebate from Hauseit: https://www.hauseit.com/buyer-closing-credit/ NYC Buyer Closing Cost Calculator: https://www.hauseit.com/closing-cost-calculator-for-buyer-nyc/ CHAPTERS 00:00 - Introduction 00:38 - Statutory income limits for HDFCs 00:52 - Types of HDFC income limits 1:04 - Section 576 HDFC 2:15 - How do HDFCs verify purchaser income? 2:27 - How to check an HDFC's income limit . Save money when buying, selling and renting real estate with Hauseit: https://www.hauseit.com Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com

Is the Homestead Exemption better or the Non-Homestead Cap? What if you miss the window to apply for the Homestead Exemption? Should you still apply the following year or just wait to automatically get the Non-Homestead Cap? Overview by Chris at Hauseit® (https://www.hauseit.com). Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . In this real world example, we take a look at a customer's Miami condo purchased in January 2022. Because he purchased the property later in January, technically he would not be eligible for the Homestead Exemption for 2022 because the property needs to be your primary residence on January 1st of the applicable tax year. However, the customer could have applied for the Homestead Exemption for the 2023 tax year. You do need to do this online before the March 1st deadline however. If you forget, then it's important to apply online and provide an extenuating circumstance for why you were not able to apply on time. If you were late, and are able to apply anyway with an extenuating circumstance, then great. The Homestead Exemption and the Save Our Homes Cap is better than the Non-Homestead Cap (3% is better than 10%). If you are not able to however, the calculus becomes much trickier, and depends a lot on your view of where property values will go. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor

Reduce your closing costs when buying in NYC with a commission rebate from @hauseit: https://www.hauseit.com/

Save thousands on your NYC home purchase with a commission rebate from @hauseit: https://www.hauseit.com/

Request a commission rebate: https://www.hauseit.com/buyer-closing-credit/

Nick at Hauseit (https://www.hauseit.com) demystifies real estate transfer taxes in the City of Los Angeles. Calculate your transfer tax bill in LA with Hauseit's interactive calculator: https://www.hauseit.com/los-angeles-real-estate-transfer-tax-calculator/ Topics Discussed in this video: LA Transfer Taxes: https://www.hauseit.com/real-estate-transfer-taxes-los-angeles/ LA Mansion Tax: https://www.hauseit.com/los-angeles-mansion-tax/ CHAPTERS 00:13 - LA transfer tax calculator 00:56 - LA County transfer tax 01:16 - LA City transfer tax rates for sales of $5m or less 01:30 - LA City transfer tax rates for sales above $5m and less than $10m 02:00 - LA City transfer tax rates for sales of $10m or more . . Save money when buying, selling and renting real estate with Hauseit: https://www.hauseit.com Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com

How to wire money for closing? Overview by Chris at Hauseit® (https://www.hauseit.com). Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . Often times, wiring money for closing will be the biggest amount of money a person moves in their life. How can you safely complete this transaction given the prevalence of wire fraud these days? It's important to double & triple check the account number and routing number, and the wire instructions before hitting send on that wire transfer. Ideally, you should call the escrow agent (who is often either the seller's attorney or the closing attorney) to confirm by phone the wire transfer details that have been emailed to you. That's because it's possible that someone has hacked the attorney's email and send you fraudulent account details. So make sure to be especially vigilant if you see different account details being sent to you, especially if you've already received another set of instructions. Remember, as the buyer, the onus is on you to do your due diligence and know what you're getting into. If you become the victim of wire fraud, unfortunately it's very hard to retrieve the money. That's why there is the principle of "caveat emptor" in New York and California when it comes to real estate deals, meaning "buyer beware." Buyers are responsible for doing their own due diligence, hence the diligence period etc. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor

Has the Fed restarted QE? Overview by Chris at Hauseit® (https://www.hauseit.com). Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . No, we'll explain in this video why the Fed's Bank Term Funding Program (BTFP) does not constitute Quantitative Easing (QE), and how the two are different. Sure, it's true that the BTFP has "reversed" months of Quantitative Tightening (QT), and thus many are lamenting this change as the start of a new cycle of QE. We'll show you how the BTFP is more akin to a band-aid to cover a wound in the stressed banking sector, and not full on easing. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor

Is the Dollar Collapsing? Overview by Chris at Hauseit® (https://www.hauseit.com). Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . We'll explain in this video why no, despite all the talk of de-dollarization, the dollar is in fact NOT collapsing. Moreover, because of the near-term risk of recession and further credit/bank stress in the markets, the dollar will more likely strengthen vs weaken in the near term. In the medium term, we'll also explain why there isn't a viable alternative to the dollar, and the fundamental weaknesses of other currencies. However, we must not be complacent. Our current spending habits mean trouble in the medium to long-term for our currency. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor

What are the SCO or Shanghai Cooperation Organization? Overview by Chris at Hauseit® (https://www.hauseit.com). Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . In this video, we provide a concise high-level overview of the Shanghai Cooperation Organization (SCO). Discover the key features, objectives, and member countries of this influential international alliance. Gain insights into the SCO's role in shaping geopolitical dynamics in Eurasia. Whether you're new to the SCO or seeking a quick refresher, this video offers a comprehensive introduction to this important organization. In today's ever-evolving geopolitical landscape, the Shanghai Cooperation Organization (SCO) holds significant implications for both geopolitics and markets. As the SCO expands its influence, it has the potential to reshape power dynamics in Eurasia and beyond. With member countries spanning across Central Asia, South Asia, and even extending to observer states in the Middle East, the SCO acts as a crucial power broker. This increased cooperation has the potential to unlock vast economic opportunities, opening up new markets, enhancing trade routes, and facilitating infrastructure development. Moreover, the SCO's growing influence may also impact global energy markets, given the region's significant reserves and its role in energy transit routes. Understanding the implications of the SCO is crucial for comprehending the evolving geopolitical and economic landscape in this important part of the world. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor

What are the BRICS? Overview by Chris at Hauseit® (https://www.hauseit.com). Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . BRICS is an acronym for Brazil, Russia, India, China and South Africa. Discover the unique contributions of each member country as we provide a concise introduction to their economic landscapes and cultural nuances. Delve into the historical context that led to the formation of BRICS and gain insights into the core pillars that bind these nations together. We explore the remarkable economic growth and potential of BRICS, shedding light on their cooperation, trade relations, and joint investments. Understand how this alliance shapes global economic trends and influences geopolitics on an international scale. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor

What is Depreciation Recapture? Overview by Chris at Hauseit® (https://www.hauseit.com). Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . Depreciation recapture refers to the tax that is levied on lifetime depreciation taken on a rental property when it is sold. This makes sense as real estate investors have been able to depreciate the property over the hold period and write off that depreciation against their taxable income. So when the property is sold, that depreciation needs to be recaptured. However, there is an maximum tax rate to this, and a few ways to avoid depreciation recapture. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor