Michael Adegoke

Maryland’s state transfer tax is authorized by Tax–Property Article §13-203 of the Annotated Code of Maryland.[1] Each county and Baltimore City imposes its own local transfer tax under separate ordinances granted by state enabling legislation. The seller is presumed to pay both taxes under Real Property Article §14-104, though purchase contracts frequently allocate all or part of the county … Read More

At a glance Selling a property in New York City means paying several overlapping taxes at once. There is the NYC Real Property Transfer Tax (RPTT)— a local tax of 1% to 2.625% depending on property type and price. On top of that, New York State collects a Real Estate Transfer Tax (RETT)at 0.4% on every sale … Read More

If you’re buying, selling, or refinancing property in Florida, you’ll encounter two taxes that most people have never heard of until closing day: the documentary stamp tax and the nonrecurring intangible tax. Together, these can add thousands of dollars to your closing costs — yet they’re calculated using a handful of simple formulas. This guide … Read More

Everything buyers and sellers need to know about New Hampshire’s transfer tax — the rate, the math, the exemptions, and when you owe nothing at all. Updated for 2026  ·  Based on RSA Chapter 78-B & NH DRA Guidance If you’re buying or selling a home in New Hampshire, one cost that surprises many people … Read More

If you are buying or selling a home in New Hampshire, one cost you will almost certainly encounter is the New Hampshire Real Estate Transfer Tax. It applies to nearly every deed that changes hands in the state, and the rules — while logical — have enough moving parts that mistakes are common. This guide … Read More

When you buy or sell a home in Pennsylvania, one of the closing-table surprises is the realty transfer tax — a fee charged every time a property deed changes hands. Most buyers and sellers have no idea what it costs until the settlement sheet lands in front of them. This guide explains exactly how the … Read More

Every time real estate in Michigan is sold, a transfer tax is collected before the deed can be recorded. Most buyers and sellers encounter this cost at the closing table, folded into a line on the settlement statement, without fully understanding how it is calculated. This guide explains the math behind the calculator, step by … Read More

When you buy or sell real estate in Alabama, two things happen at the county probate court: transfer taxes are collected on behalf of the state, and recording fees are paid to the county. Figuring out exactly what you owe used to mean calling the probate office. This guide explains — in plain English — … Read More

Determining the Tax Base The very first thing the calculator needs to know is: what dollar amount do we apply the tax rate to? Tennessee law, under TCA §67-4-409, says the tax is based on the greater of the total consideration paid or the property’s fair market value. The calculator takes whichever number is larger … Read More

Whenever property changes hands in Nevada, a state tax called the Real Property Transfer Tax (RPTT) is usually due before the deed can be recorded. The rate varies by county, a handful of transfers are fully exempt, and the math — while straightforward — has a few quirks that catch people off guard. This guide … Read More