The city's Department of Finance announced earlier this year that homes and apartments owned by trusts and LLCs?an increasingly popular purchasing move that shields a buyer's identity even in public sales records?would not be eligible for the tax breaks given to primary residences. But now (some of) those LLC and trust buyers can stop clutching their wallets to their chests in horror. The tax abatement now also applies to LLC- and trust-owned properties, as long as the owner can prove that he or she uses the apartment as a primary residence. [NYO; previously]
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