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Peekskill Transfer Tax Form

Peekskill Transfer Tax Form

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Instructions and help about peekskill local transfer tax fillable form

okay so let's talk about the new changes to property transfer tax the firsttime buyer exemption threshold has been increased from 500,000 to 835,000 but don't be fooled only the first 500,000 has a full exemption of tax and then it gradually phases out between 835 and 860 this ultimately gives first-time buyers a savings of about $8,000 one of the better changes that they implemented was actually the newly built home exemption increasing that threshold from 7 50,000 to 1.1 million before sales tax and this phases out between the 1.1 and 1.15 million range it's definitely one of the more favorable changes that the provincial government has made so if you have any questions on this please let me know

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