Boston Relocation

5 Taxes Homebuyers Ought to Know About When Shifting to Massachusetts

Homebuyers transferring to the Boston space ought to familiarize themselves not solely with actual property taxes, but additionally with varied different taxes that can have an effect on the general value of transferring to Massachusetts. Along with property taxes, Massachusetts has an earnings tax, a gross sales tax, an excise tax, and a tax associated …

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Do Massachusetts Residence Consumers Pay Taxes When Shopping for a Residence?

No, Massachusetts residence patrons don’t pay taxes on the acquisition of actual property, however residence sellers do pay one thing referred to as tax stamps. The Commonwealth of Massachusetts derives revenue from the sale of actual property by means of state excise stamps. Tax stamps in most counties price $ 4.56 per $ 1,000 of …

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