Transfer Taxes in Real Estate Transactions | Practical Law

Transfer Taxes in Real Estate Transactions | Practical Law

Performing transfer tax due diligence is necessary to determine if and how transfer taxes apply to a real estate transaction. Determining the potential transfer tax liability early in the process can be used to structure the transaction to reduce or eliminate the tax liability. This can also help efficiently manage a multi-state or multi-property transaction by avoiding last-minute delays caused by unknown transfer tax liabilities.

Transfer Taxes in Real Estate Transactions

Practical Law US Video and Audio w-034-4041 (Approx. 4 pages)

Transfer Taxes in Real Estate Transactions

Law stated as of 18 Feb 2022USA (National/Federal)
Performing transfer tax due diligence is necessary to determine if and how transfer taxes apply to a real estate transaction. Determining the potential transfer tax liability early in the process can be used to structure the transaction to reduce or eliminate the tax liability. This can also help efficiently manage a multi-state or multi-property transaction by avoiding last-minute delays caused by unknown transfer tax liabilities.