You can definitely buy an apartment with your parents in NYC. There are numerous ways of making this happen - everything from your parents buying you an apartment outright to co-purchasing to gifting you funds for the downpayment. Buying an apartment with your parents has a lot of opportunity to help you get started in the NYC real estate market.
Tax reform has been one of the key items of the current presidential agenda. The House of Representatives under Republican Party control and a president who has been pushing for a simpler tax code, it was only a matter of time before we would find out what was in store.
Buying a property in New York City is not getting cheaper any day soon. As you start considering purchasing your first apartment, you might come to the realization that you might be in need of some financial help from your parents. There is absolutely nothing wrong in asking your parents for help. You likely want to stop flushing money down the toilet in rent and start getting all the amazing benefits associated with apartment ownership.