Vote “YES” to say “NO” to real estate transfer taxes
Arizonans may not know about real estate transfer taxes because we don’t have one. But I’ll tell you, they are a big concern of my real estate clients who come from states with real estate transfer taxes. The size of the tax can be huge!
And it could, indeed, happen to Arizona. Some state officials have mentioned in recent years their desire to institute a tax on the transfer of real estate.
Even if you just wanted to put your family home into a family trust, you would have to pay the large tax!
A real estate transfer tax would hurt both home buyers and home sellers.
- Want to buy your first home? You’ll pay more.
- Just had a kid and want to buy a larger home? You’ll make less and pay more.
- Your kids have all moved out and you want to downsize? You’ll make less and pay more.
Vote “Yes” on Proposition 100 to guarantee that politicians can’t institute a real estate transfer tax in Arizona without putting it back to the voters to decide.
Real Estate Transfer Tax FAQ’s
A Real Estate Transfer Tax in Arizona?
Real Estate Transfer Taxes Across the Nation
YES MEANS NO TO DOUBLE TAXATION
John Wake
Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.
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