Helpful InformationStatistical Information June 27, 2019

2020 Real Estate Excise Tax Laws are Changing!

The majority of sellers will enjoy a slight savings once the new tax structure starts in 2020, however, sellers whose homes are worth $1.5M or more should pay close attention as the tiered system will cost them more in 2020. If you own a high-end home and have been considering downsizing, doing so inside of 2019 may be a winning strategy.

If you or someone you know is curious about the value of your home or you have considered a move, please reach out. It is our goal to help keep our clients informed and empowered to make good real estate decisions.