New York City Mansion Tax Rates Explained by Sishodia PLLC

New York City Mansion Tax Rates Explained by Sishodia PLLC New York, NY - July 9, 2024 (USANews.com) - As the real estate market in New York City continues to thrive, it is important for buyers to understand the mansion tax rates that apply to residential properties sold for over $1 million. Sishodia PLLC, a leading law firm in New York, is here to provide clarity on this important tax. The mansion tax in New York City ranges from 1% to 3.9% based on the value of the property being sold. This tax is paid at closing and is a crucial consideration for buyers looking to purchase high-end residential properties in the city.

For expert advice on navigating the mansion tax rates in New York City, buyers can turn to Natalia Sishodia at Sishodia PLLC. With years of experience in real estate law, Natalia and her team are well-equipped to guide clients through the complexities of the mansion tax and ensure a smooth transaction.

To learn more about the mansion tax rates in New York City and how they may impact your real estate purchase, contact Sishodia PLLC at (833) 616-4646. Natalia Sishodia and her team are dedicated to providing top-notch legal services to clients in New York City and beyond.

Contact:

Natalia Sishodia

Sishodia PLLC

New York, NY

Phone: (833) 616-4646

Email: info@sishodialaw.com Website: www.sishodialaw.com