The Gene Rios Realty blog

Notes on buying, selling and investing in Kingston and the Hudson Valley: local rules, tax and zoning questions, and what we're seeing in the market.

New posts are on the way. In the meantime, start with our guides:

Guides

• 1031 Exchanges for Hudson Valley Investors

  A 1031 exchange lets an investor sell one investment property and buy another while deferring federal capital gains tax. The rules are strict, and the deadlines do not…

• Buying Land in the Hudson Valley: Wells, Septic, Access and Perc Tests

  A buyer’s checklist for land in Ulster and Dutchess County: zoning, legal access, perc tests and septic, wells, wetlands, slopes, utilities, taxes and title.

• First-Time Home Buyers in the Hudson Valley

  A step-by-step guide for first-time buyers in Ulster and Dutchess County: pre-approval, true monthly cost, representation, inspections, attorneys and closing.

• Is Your Assessment Fair? Grievance Day Explained

  How to challenge your property tax assessment in New York: checking your assessment, Grievance Day, Form RP-524, SCAR and tax certiorari.

• NNN Leases Explained for Local Owners

  Triple-net (NNN) leases are the closest thing in commercial real estate to passive income, which is why investors pay premium prices for them. Here is how they work,…

• Pricing and Selling Your Home in the Hudson Valley

  How to price, prepare and sell a home in Ulster and Dutchess County: market analysis, disclosures, offers, attorneys, closing and costs.

• What Can I Build? Reading Zoning and Bulk Rules in Ulster and Dutchess

  How to find out what a property’s zoning allows you to build in Ulster and Dutchess County: districts, use tables, dimensional rules, approvals and site constraints.

• What the Listing Sheet Doesn’t Show You

  A listing sheet is a sales document. It is built to make a property look its best, and the numbers on it are usually the seller's numbers. Before…