In addition to being able to take advantage of tax deductions, the National Association of Housing Cooperatives (NAHC) says shareholders will find that co-ops have low turnover rates, lower real estate tax assessments, reduced maintenance costs, resident participation and control, and the ability to prevent absentee and investor ownership.
Also attractive: housing cooperatives come in all shapes, sizes, and types. They include townhouses, mid-and high-rise apartments, garden apartments, single-family homes, mobile home parks, artists’ cooperatives, and senior housing.
For more information about co-ops contact NAHC at (202) 737-0797, or log on to www.coophousing.org.
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RISMEDIA, August 28, 2008-Everybody wants to know how to succeed in today’s real estate market. In today’s real estate reality, you need to be on your game. You need to be educated, informed and open to change.
Craig Proctor, Sales Associate, RE/MAX Omega Realty, will be featured in this year’s opening session, titled “Leadership-Information-Change-Diversity-Profit,” facilitated by […]