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How much is real estate transfer tax in PA?

Benjamin Gonzalez | 2023-06-05 18:08:40 | page views:1776
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Amelia Brown

Studied at the University of Manchester, Lives in Manchester, UK.
Think of the transfer tax (or tax stamp) as a sales tax on real estate. The State of Pennsylvania charges 1% of the sales price and the municipality and school district USUALLY charge 1% between them for a total of 2% (i.e. 2% X 100,000 = $2,000). By custom, the buyer and seller split the cost.
2023-06-15 18:08:40

Felix Patel

QuesHub.com delivers expert answers and knowledge to you.
Think of the transfer tax (or tax stamp) as a sales tax on real estate. The State of Pennsylvania charges 1% of the sales price and the municipality and school district USUALLY charge 1% between them for a total of 2% (i.e. 2% X 100,000 = $2,000). By custom, the buyer and seller split the cost.
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