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DTT AFFIDAVIT County of San Mateo TRANSFER TAX  Form

DTT AFFIDAVIT County of San Mateo TRANSFER TAX Form

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every time you buy or sell property there's a transfer tax and now San Jose wants properties sold for over two million dollars to be taxed more to ease the housing crunch this is a very small price to pay in fact a far lower price than you would pay for the same transaction Oakland or San Francisco or many other cities Mayor Sam Locarno says measure II would only affect about 2% of homes sold in San Jose the money is allocated to build affordable housing and fund homeless prevention programs which we have found is a far more cost-effective way of confronting homelessness as we've demonstrated with more than a thousand families over the last year and a half if passed the transfer tax would increase an additional point seventy five percent for homes between two and five million and have a higher percentage as the price goes up but that means when you sell a two million dollar home it will cost an additional fifteen thousand dollars the Silicon Valley taxpayers Association

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