If you own property in Chesterfield County, Virginia, your annual real estate tax bill is calculated using a straightforward formula — but it has several moving parts that can be easy to miss. This guide walks you through every component: the base tax rate, special service district add-ons, the stormwater utility fee, and the exemptions … Read More
Pennsylvania imposes a realty transfer tax on nearly every deed recorded in the state. If you’re involved in a real estate transaction in Chester County, you’ll pay this tax at closing — and the total rate can range from 2.0% to 3.5% depending on which township, borough, or city the property is located in. This … Read More
Buying or selling property in Baltimore County, Maryland comes with a layer of taxes most people don’t fully understand until they’re sitting at the closing table. There are two transfer taxes — one from the State of Maryland and one from Baltimore County itself — plus recordation taxes and recording fees on top of that. … Read More
When a piece of real estate changes hands in Allegheny County, Pennsylvania, the buyer and seller together owe a real estate transfer tax. The amount depends on where in the county the property sits, what price was paid, and whether any mortgage debt was assumed. Get it wrong and the deed simply won’t be recorded … Read More
1 Real Property Tax & Business Personal Property Maryland’s Tax-Property Article authorizes AAC to levy annual real property taxes on SDAT-certified values. FY2026 county rate: $0.977 per $100; state levy: $0.112 per $100; combined: $1.089 per $100.[1] BPP (furniture, equipment, fixtures) is assessed by SDAT and taxed at $2.442 per $100; annual BPP return due April 15.[1] Homestead Credit — 2% … Read More
Alameda County’s transfer tax landscape is unusually varied because California allows chartered cities to set their own transfer tax rates independent of the county — the result is 14 different city rate structures within one county. The stakes are high: on a $2 million Berkeley sale, city tax alone reaches $33,000 in marginal brackets. On … Read More
Delaware’s transfer tax has a distinctive built-in interaction rule: the moment a county or municipality enacts a 1.5% local rate, the state drops from 3.0% to 2.5% — keeping the combined burden at 4.0%. The 50/50 default split makes both parties equally responsible absent a written agreement. The first-time homebuyer credit reduces only the buyer’s … Read More
Rhode Island’s two-tier structure imposes 0.75% on all taxable transfers while layering an identical surtax on the residential portion above the luxury threshold. Commercial and industrial property pays Tier 1 only, regardless of price. This guide uses two running examples: a $500,000 residential sale (below the threshold) and a $1,000,000 residential sale (above it). 1 Understand … Read More
Maine’s RETT is notable for two features that distinguish it from many other state transfer taxes. First, the ceiling-rounding rule means that any fractional $500 is treated as a full $500 increment — a $500,001 sale produces 1,001 increments, not 1,000. Second, the 50/50 mandatory split means both parties share the tax by law, though parties may contractually agree … Read More
Hawaii’s conveyance tax stands out for its all-or-nothing tier structure: the tier bracket determines a single rate applied to the whole price, not just the excess above each threshold. A $599,999 sale (eligible) generates $600.00 in tax; a $600,000 sale generates $1,200.00 — double the tax for one additional dollar. Parties should understand these cliff effects … Read More