As we already know when you buy and sell property in Philadelphia, there is a transfer tax you have to pay that comes out to about 4.2% of the purchase price of the property. https://beta.phila.gov/services/payments-a...
city/county tax, where does the buyer pay half of it customarily (unless written into contract countercustomarily)?
I unfortunately live in a State that charges a 2% transfer tax for any title change (even between "sister LLCs"). I have been looking at a Land Trust as a way to avoid this. Has anyone used it successfully for this ...
HiMy partners and I are looking at an investment property that has a 4% xfer tax to be split by the buyer and seller. We are going to do a quit claim deed and move the property to a LLC after close (aware of DOS cl...
HiMy partners and I are looking at an investment property that has a 4% xfer tax to be split by the buyer and seller. We are going to do a quit claim deed and move the property to a LLC after close (aware of DOS cl...