Real Estate News
.....Welcome to my Podcasts.....I help people buy and sell houses. I also share information, news, and topics about the real estate industry; how they may affect the metro Atlanta real estate market; pose problems and solutions; and address issues that may influence decisions to buy or sell… read more
Real estate transfer taxes - taxes on residential home sales transactions by state and local governments
My most recent blog post on this topic: Real estate transfer taxes – taxes on residential home sales transactions by state and local governments is a renewed topic based on my previous 2013 blog post on Transfer Taxes and the a more recent article: Opinion The emergence of local real estate transfer taxes.
Bottom Line: States, as well as federal and local government authorities are constantly looking for ways they can increase tax revenue to fund operations…the question is, will the proceeds collected cover the directly related expenses that authority expends to administer or enforce related real estate activities, or be just another hidden tax?
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