Tag Archives: residential real estate taxes

Reference Guide to the NYS Transfer Tax and Mansion Tax Hikes…

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The chart below describes the increases in the New York State Transfer Tax and Mansion Tax, that will affect transactions of specific type and size occurring after July 1, 2019… An exception to the July 1 deadline will be those contracts ‘entered into on or before April 1, 2019, “provided that the date of execution of such contract […]

The 2019 New York State Budget Includes Real Property Transfer Tax And Mansion Tax Increases!

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2019 New York State Real Property Transfer Tax And Mansion Tax Increases or, Just When You Thought Your Tax Burden Couldn’t Get Any Worse! As New York State’s Governor Cuomo embarked on a search for new sources of tax revenues, ultimately residential real estate and real estate transactions were in his crosshairs! An initial tax […]