Michael Plactere

Michael Plactere is a Certified Public Accountant and the owner of We Buy Long Island Homes Fast, a Long Island real estate investment company. He purchases, renovates, and resells distressed and inherited properties across Nassau and Suffolk counties, and has personally closed with sellers navigating probate, foreclosure, divorce, and deferred maintenance. His accounting background gives him an unusual vantage point on residential real estate: he can speak to the tax consequences of an inherited property sale, the true carrying costs homeowners underestimate, and how rising insurance premiums and property taxes are reshaping seller decisions on Long Island. He is available to comment on distressed property sales, cash-buyer economics, step-up in basis and capital gains treatment, reno...