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Forum
-> Household Management
-> Finances
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amother
Crimson
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 Sun, Sep 30 2018, 4:22 pm
I know one of them, a coop or a condo, you lose the rights to the property once they knock down the building. Which one is it?
Also which one is the three family houses coop or condominium?
Also which is more taxes in NYC
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dankbar
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Sun, Sep 30 2018, 4:28 pm
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Condos are cheapest in taxes in NYC,thats why theyre so popular. Condo every person owns their own appartmenr, common ground building, hallways elevators is shared by all together
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amother
Vermilion
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Tue, Oct 02 2018, 8:54 pm
| dankbar wrote: | | Condos are cheapest in taxes in NYC,thats why theyre so popular. Condo every person owns their own appartmenr, common ground building, hallways elevators is shared by all together |
Coops are cheaper than condos because you have less say in who you can sell it to.
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amother
White
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Tue, Oct 02 2018, 8:55 pm
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I’m almost sure you los in coop because you just own a general share, not your apt.
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