When you buy a home in Washington, DC, the number of different fees and taxes you pay can be overwhelming. One tax that will most likely apply to you is the DC Transfer and Recordation Tax. Learn the facts about this expense and your obligation to pay it.
If you are a foreign property owner who is selling US property or are buying from a foreign seller, you need to know how the FIRPTA law affects you. Learn about the tax implications and exemptions here.
Are you selling a home in the DMV? Be sure you properly disclose all of the necessary information to the buyer before contracts are signed! Here are the legal disclosure requirements for the DC, Virginia, and Maryland.