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
When you buy or sell property in Illinois, a transfer tax is due at closing — before the deed can even be recorded. The amount you owe depends on where the property is located, the sale price, and whether any exemptions apply. This guide walks through the exact math the calculator uses, step by step, … Read More
When real estate changes hands in North Carolina, the state collects a transfer tax before the deed can be recorded. For most people, this shows up as a line item at closing — but understanding exactly how that number is calculated can save you from surprises. This guide walks you through every step of the … Read More
The Colorado conveyance tax calculator is built around four core components: the state documentary fee, the municipal real estate transfer tax (RETT), and the recording fee. Each one has its own rules, its own exemptions, and its own place on your closing disclosure. Let’s walk through each one, step by step. 1 Start With Total … Read More
If you are selling a home or commercial property in Connecticut, you will owe a real estate conveyance tax before your deed can be recorded. This tax is split into two parts — a state portion and a municipal portion — and the exact amount depends on what you sell, where it is, and how … Read More
When a property changes hands in California, a documentary transfer tax — commonly called the DTT — is due before the deed can be recorded. The concept is simple enough, but the actual math is surprisingly layered: a state-authorized county base rate, optional city surcharges that can run into the tens of thousands of dollars, … Read More
Selling or buying real estate in Los Angeles means navigating at least three layers of transfer tax: a City of Los Angeles base tax, a County tax, and a State tax — and if your property is worth more than $5.3 million, a fourth layer called Measure ULA. This guide walks through every calculation step … Read More
When you buy or sell property in Georgia, the state collects a transfer tax before your deed can be recorded. It also collects a separate tax if a mortgage is involved. Most people at the closing table have no idea how these numbers are calculated. This guide walks you through every step — with real … Read More