In the NYC tax system, RPTT means real property transfer tax, and RETT means real estate transfer tax. Most obviously, RPTT and RETT are important because they can considerably boost the cost of a transaction, for buyer...
Tag - transfer taxes
How much are real estate transfer taxes in NYC?
According to the New York State Department of Taxation and Finance, “New York State imposes a real estate transfer tax on conveyances of real property or interests therein when the consideration exceeds $500...
