Property transfer tax calculator


As of writing, the property transfer tax (PTT) calculator above does not include the premium rate of 2% for properties with assessed values greater than $3,000,000.  To calculate your total PTT value, calculate 2% of any amount greater than $3,000,000 (e.g. if your assessed value is $3,645,000, you would compute 2% of $645,000 = $12,900) and add this amount to the tax calculated above (e.g. a property of $3,645,000 would have a total PTT of $87,350 + $12,900 = $100,250.  Do not hesitate to reach out to me if you have any questions about this calculation.
 

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