Sharing a Storage Unit in NYC

Posted on 01/28/201908/07/2023 by BigApple

Are you contemplating the possibility of sharing a storage unit in New York City? I sincerely hope that this decision is not a result of the four Ds of life, namely death, divorce, downsizing, or dislocation, which are known to be the primary causes of requiring additional storage space. Given that you reside in the bustling metropolis of the Big Apple, you are likely already familiar with its unique characteristics. However, permit me to provide a brief overview of NYC.

New York City is the most populous city in the United States. As of 2023, population is 8.51 million. It is the most densely populated major city in the US.

I can with certainty say that NYC is cultural, financial and media capital of the world. Furthermore, it is home of the headquarters of the United Nations. New York is an important center for International diplomacy.

Sharing a Storage Unit in New York

Self -storage industry is primarily a United States based industry. As of 2023, it is estimated that between 48,000 and 52,000 storage facilities are currently in the United States. According to the Self -Storage Association, self-storage represented a 22 billion-dollar industry in 2009 and accounted for 2.21 billion square feet of storage space. This amount of space equates to 19.2 square feet per the United States household.

The industry is worth $38 billion in 2018. Now there a both good and bad as with everything and is up to you whether you rent one for yourself. How to share a storage unit in NYC and use moving services in Brooklyn in the best way is going to be a lot more-clearer at the end of the article. So, let us descent further into this topic.

Without further introduction, I hope to make your decision process a bit smoother.

Good Side of Sharing a Storage Unit

Self-storage facilities are often reliable when it comes to keeping your stuff safe and sound from causes like weather, mice, or ’disappearing’ belongings. Furthermore, that gives you peace of mind, and you cannot put a price on that. On top of that, you can find cheap storage in NYC easily.

Currently, the majority of storage unit companies offer insurance coverage in the event of unforeseen disasters or circumstances. As a result, it is unequivocally evident that they surpass the reliability of storing one’s belongings in a friend’s attic. One of the advantages of utilizing a storage unit is the ability to access one’s possessions at any given time. Particularly in a city as vast as New York, where living spaces are often limited, sharing a storage unit can prove to be highly advantageous.

Since I do not know your area of residence. I can only provide some information on moving services in Brooklyn. Some are Dyno Moving, CCS Moving & Storage, Simply Moving & Storage. All of them rated 5 stars.

Additional Pros of Storage Sharing

Self-storage is a fairly cheap option for hanging your stuff during your relocation, short term or otherwise. But an important piece of advice. Make sure that stuff you put in the storage unit is essential so you do not forget about them. Sharing a storage unit provides essential help when you are in the middle of relocation chaos.

Your things are safe while you move, so you can focus on other important things. When you’re done with everything else, you can pick up your belongings.

Also, a big plus is that it helps you declutter your home. You can easily declutter your home with some extra space. And sharing a storage unit in NYC is just the thing you can use. Furthermore, you can use a storage unit to make a garage sale for some extra money.

Negative Side of Sharing a Storage

Now a little glance over the negative side. The bad side of sharing a storage unit in New York City. During your move, nobody considers the price of renting a storage unit. You yourself must factor in the price of having your moving company take care of this aspect.

New York is a great city and moving companies can assist you in many ways. They can help you find good deals on sharing a storage unit or renting through their contacts. You should ask them about this to save money on moving costs.

Therefore, you can have peace of mind on at least your stuff during all relocation chaos. Of course, modern facilities through the Big Apple possess surveillance cameras. But hear my advice ask the facility what kind of security they have and burglary prevention. You do not want to lose valuable stuff because of some thief.

Should You Share a Storage Unit with a Friend?

The most important advice I can give is to only share your storage unit with someone you know and trust. This will give you peace of mind. Sharing with someone you don’t know can lead to the worst-case scenario.

But just to cover it all. Consider the case of you and your friend have a fallout. And on top of all, the name on the lease is a friend’s, they can prevent you from getting your stuff. And they can also change the lock.

In a big city, it’s important to pick good friends. You might have to go to court to keep your things or pay rent. If you don’t, your things could be sold. Be careful and choose trustworthy friends to keep your things safe.

In the end, consider every aspect with care. New York provides everything if you look at the right companies for your move. Or in case you need more space for your belongings. Sharing a storage unit in NYC is definitely a great way to ensure your relocation goes a bit smoother.

Furthermore, sharing extra space with your friend or significant one can provide much need ease during relocation. Consider the best moving services, look over everything twice. Only when you see the entire picture reach a decision.

How to set up a home office

Posted on 12/05/201803/18/2020 by BigApple

When you try to set up an office it can be quite difficult. You have a huge amount of things to think about. There is finding the location, when you do find it has high costs, these are just a few things you need to think about. If you want to avoid all this it is very simple. You can start a home office. There will be no time wasted on helplessly looking for a cheap office space. You will not need to worry about anything. Some people do get confused on how to set up a home office. It can get complicated but with all the benefits you will not regret it. In this article, we have gathered information on how to properly start a home office, so you don’t have to worry about it. With these few steps, you will save a lot of time and money. Continue reading “How to set up a home office”

How Moving Expenses Deduction Works

Posted on 08/13/201808/11/2023 by BigApple

The new Tax Law states that from 2018, moving expenses deduction will only be available to some military personnel. However, if you have relocated in the years prior to 2018, we have some good news for you! In some cases, Federal Tax Law allows you to get a refund on certain moving expenses if your relocation was business-related.

Therefore, if you have started a new job, relocated your office or started working for the same employer but on some other location, you are eligible for moving expenses deduction. Unfortunately, not all expenses are deductible, and they depend on a couple of criteria.

What Are Moving Expenses?

Moving expenses are defined as the costs incurred for packing and shipping personal belongings to a new location. These expenses also encompass storage fees and transportation costs, including fuel expenses. It is widely acknowledged that moving expenses can accumulate to a significant amount.

Hence, if the relocation is job-related, it is advisable to explore the possibility of obtaining reimbursement. However, it is crucial to exercise caution and ensure compliance with the necessary requirements to qualify for a deduction.

The Distance Requirements for Moving Expenses Deduction

Wouldn`t it be perfect if there were no limitations, and you could get a deduction for any and every relocation? Unfortunately, that is not the way life works. There are some criteria which must be met if you are to get a deduction. And, they start with the distance traveled.

If your knowledgeable office movers in NYC have relocated you in the same city, we are sorry to inform you that you will not be eligible for a deduction. The rule is that your new place of work must be 50 miles farther than your old house. Fifty miles is not a small distance, by no means. Therefore, if you think, or know, that there are 50 and more miles from your job and your last home, feel free to ask for a deduction.

Also, when measuring the mileage, the IRS will make sure you use the shortest route. They want to be sure you are doing everything by the book.

The Time Requirements

Beware, because there are a lot of small restrictions here. If you do not meet even one of them, you stop being a candidate for moving cost deduction.

To qualify for moving expenses deduction, you must be working for at least 12 months. There is no requirement for you to work for only one employer. Thus, if the need arises, you can divide your time between a couple of them.
You must be a full-time worker for at least 39 weeks during that first year.
Luckily, there are no requirements to how many days and hours you work, as long as you fulfill the norm of your industry.

Big Apple Movers advise you to check everything before you start thinking about moving cost deduction. These rules cannot be bent, and there is no way of getting around them.

Deductible Moving Expenses?

Luckily, there is not a shortage of moving expenses that can be deducted. However, there is a difference between short distance moving and moving interstate, or even abroad. If you had a DIY move and short distance move, and you have transported your furniture by yourself, you can get a deduction for gas, oil and even highway tolls. When accumulated, these expenses can produce a significant amount of money, so it would be good to get some of that money back. On the other hand, if you had a long distance move, you could get a reimbursement for the plane tickets, and the best thing is that this deduction applies to the whole family.

Moreover, if there was a need for you to rent cheap storage NYC, you should know that you can also be deducted for these expenses, as well. However, there is a limit, since this deduction only applies to periods of up to 30 days. Therefore, if you had to use a storage unit for more than a month, you will not be able to deduct it from your moving expense.

How and When Can You Claim a Deduction?

Moving expenses deduction is a unique one. Why is this the case? Namely, you can claim this deduction even before you are sure that you satisfy all of the requirements. However, it is not the most recommendable course of action. If at the end of those twelve months, you have failed to meet one or more requirements, you will have to return the deduction. Have in mind that most taxpayers usually fail to meet the criteria, and they have to return the money once the 12-month period ends.

To claim a deduction is easy. All you have to do is report your expenses on IRS Form 3903. Attach that form to the tax return for the year when you moved, and the process is over. If it turns out you have to return the deduction, you can do it in two ways.

For your next tax return, make sure to include the original amount of your moving expenses deduction.
Calculate your tax without including the moving cost deduction.

If you are not good with taxes, it is never a bad idea to seek professional help. The IRS will not be lenient if you make any mistakes with your taxes. Avoid trouble whenever you can!

If you think you could qualify for moving expenses deduction, you should give it a try. However, be careful, as you might have to return everything at the end of the year.

Tips for moving your business to Brooklyn

Posted on 05/12/201805/13/2018 by BigApple

Moving business is not an easy task. Even though the reasons for moving your offices are different, the process is pretty much the same. But the moving process is not the same as moving your home. Here, you have office equipment, employees, working hours, etc. The more offices you have, the more complicated it gets, but don’t you worry. We will show you how moving your business to Brooklyn can be a smooth, stress-free process. Continue reading “Tips for moving your business to Brooklyn”

Tag: Commercial Moving