And just like that the 2nd half of 2019 begins with summer in full swing. Local zucchini is in abundance and corn and tomato season lie ahead. Throw some shrimp on the barbie and celebrate the 4th with gratitude. As of July 1, NY State’s new progressive mansion tax goes into effect. A one-time payment at closing, the levy begins at 1% for transactions from $1M-$2M and rises incrementally in eight tiers, capping at 3.9% for sales of $25M or more. It could have been worse.
Take time to smell the roses and the honeysuckle this month. After all, it’s June and the days are longest, so there’s time for gardening, camping and tennis in this first month of summer. Take stock of your achievements as it’s also the end of the 2nd quarter and the midpoint of the year. Happy Father’s Day to all great Dads. Iced tea anyone?
With the start of the 2nd quarter comes the promise of warmer weather and increased sales activity. This month, we’ll celebrate with family and friends on Easter, Passover and Earth Day. Tax day is approaching quickly, and on the 19th, a Full Moon will be rising.
