What Is Real Estate Transfer Tax?

What Is Real Estate Transfer Tax?

Don’t get caught off guard by the taxes on the transfer of real property. Most states impose real estate transfer tax on the direct transfer of real property — fixed property such as land and the buildings on it. More than a dozen states also impose tax on the transfer of a controlling interest in an entity holding real property. Watch our short video to learn how BDO’s Real Estate Transfer Tax practice can help you.