Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Innovative Strategies
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

449
Posts
153
Votes
Jerry Kisasonak
  • Residential Real Estate Agent
  • Mc Keesport, PA
153
Votes |
449
Posts

What sales price goes on a deed for a Sub2 transaction?

Jerry Kisasonak
  • Residential Real Estate Agent
  • Mc Keesport, PA
Posted

I am working on a Subject-to deal and wanted to know how much transfer tax I'd pay on the deal. Of course, this depends on the purchase price. But on a Sub2 deal, what goes on the deed at the purchase price? My initial thought is that it would be the loan balance. Is this correct?

Most Popular Reply

User Stats

372
Posts
88
Votes
Stephen Chittenden
  • Rental Property Investor
  • Gambrills, MD
88
Votes |
372
Posts
Stephen Chittenden
  • Rental Property Investor
  • Gambrills, MD
Replied

I don't know about Pennsylvania, but I know Maryland says you have to include the value of the debt.

Loading replies...