Investment Property Tax Deductions List for Long Island

Uncle Sam gives, and Uncle Sam takes away. But in the case of buying local Long Island investment properties… you can earn investment property tax deductions for your Long Island properties. For real estate investors, the United States provides the opportunity to earn a living purchasing investment properties… and holding those properties as investments, and of … Continued

Buyers Lingo 101 | Long Island Real Estate | Comax Properties

If you are considering buying a home in Long Island, you need to understand the terminology being used. Check out our guide to buyers lingo, so you can feel like a pro… even if you’re a first-time buyer! Buyers Lingo 101 Abstract of Title – This will basically give you a full paper trail of the property’s ownership. It … Continued

Buying a House | Drawbacks and Benefits of an HOA in New York

HOA’s often get a bad rap. In reality, they can help to provide a wonderful environment to call home. There are many benefits and amenities the come along with living in a community with an HOA, however, it’s not the right living situation for everyone.  In our latest post, we will discuss the drawbacks and benefits of an … Continued

First Time Buyers Mistakes | Comax Properties | Long Island

First time buyers should not feel intimated by the real estate market, however, they should know what to watch out for! Buying a home is a very exciting, but one mistake could take the wind right out of your sails. Read below to see our list of the biggest mistakes first-time buyers make so you … Continued

Tips on Buying Long Island Real Estate with your IRA

While most people understand that real estate is an investment, many people are taking advantage of the qualified retirement accounts to purchase real estate as an appreciating or revenue-generating instrument like IRAs. It’s really important to understand the tax implications, legal ramifications, and various other intricacies of purchasing Long Island real estate within your IRA. So, lets dive … Continued