Category Archives: Real estate taxes

July 1, 2019 New York State and New York City Real Estate Transfer Taxes Slated to Rise!

New York State real estate transfer tax and New York City mansion tax

July 1st the New York State Department of Taxation and Finance will be imposing an increase in the state real estate transfer tax and mansion tax in New York City!  The NYS transfer tax increase will affect residential property sales above $3MM and all other property types sales above $2MM. the increase will be $2.50 per […]

Why More People Leave New York, New Jersey, Illinois And Connecticut Than Arrive!

taxes

The citizens of the United States have the right to live in any state that they choose! So why is it that in these four population outflows outweigh inflows? Quality of life factors, job opportunity’s and cost of living are certainly serious factors in the living location decision-making process, with taxes being a major component […]