I wanted to share what I have learned about transfer taxes, how they affect the value of homes, and ultimately your profitability. It can be tricky, so I wanted to share my research and some conclusions.
First of al...

I'm considering setting up a revocable living trust here in Philly.  As part of that, I'll need to quitclaim deed my properties into the trust.  I understand there's a $250 recording fee that goes along with that.PA s...

For example, one person has the highest bid and is awarded the property in an auction. Can this person transfer the tax deed they won to another person?

Is there a way to transfer ownership of a property out of an LLC that you own 50% into solely your name without paying any transfer taxes?

Has anyone transferred their property from their business to their name? If so what are tax consequences?

Hi all! I am working on my first assignment. In trying to find an investor friendly title company, I was asked if I was aware that there is a 2% realty transfer tax. I am not doing a double close but just assigning...

Hi all,
First time post as I get ready for my first investment. For the PA investors out there or maybe in other states with high transfer taxes (2% of property value). Curious on whether you've found the math more f...

Hi,I am not sure I am in the right forum.We moved to Ontario from Spain and recently purchased a house we moved to about a month agoWe were under the impression that as first time home buyers we were eligible for a re...

Where do I input my deed transfer tax on the sell side of closing costs in the House Flipping calculator? Transfer taxes in the City of Pittsburgh are 4.5%, so I do not want to have such a high amount in the "Other Fe...

I can't seem to figure out the transfer tax when recording a Quit-claim deed. The purchase was subject to the mortgage and it appears to fall under the confirmatory deed rules which makes it tax-exempt. The coronaviru...