|
Howard Beach co-op owners do you have to pay a flip tax ? and...
| Posted By |
Message |
KartveliT
...
Member since 1/08 8363 total posts
Name:
|
Howard Beach co-op owners do you have to pay a flip tax ? and...
do you pay it when you sell your co-op or do you pay it with your maint?
|
Posted 2/10/09 9:37 PM  |
| |
|
Long Island Weddings
Long Island's Largest Bridal Resource | Prudential Douglas Elliman Real Estate |
Theresa05
Sofialiciciousssssssssssss
Member since 10/06 4891 total posts
Name:
|
Re: Howard Beach co-op owners do you have to pay a flip tax ? and...
you pay the flip when you sell
its according to how many shares you have
|
| Posted 2/10/09 9:44 PM |
| |
|
KvsGrl
Round 2!!
Member since 1/07 1202 total posts
Name:
Samantha
|
Re: Howard Beach co-op owners do you have to pay a flip tax ? and...
I have a co-op in Manhattan. We have a flip tax which is a percentage of the sales price. The seller is responsible for paying the flip, but when the markets were good, the buyers would pay or split the flip.
|
| Posted 2/11/09 10:51 AM |
| |
|
Potentially Related Topics:
Currently 565331 users on the LIFamilies.com Chat
|
