August 15, 2008

Realtors® Help Defeat Transfer Taxes

Good news for all Realtors®. The Realtor® lobby was once again successful in defeating a proposal to tax home sales on Martha’s Vinyard and Nantucket. Under SB2544, home sales over $750,000 on the Vineyard and $2 million on Nantucket would be assessed a 1% transfer tax.

Click here to read why Realtors® oppose transfer taxes.