Why Do I Need An Attorney? The Crucial Role of a Real Estate Attorney in New Jersey
7 Expert Tips to Master the Art of Downsizing: Unlock Freedom and Joy for Baby Boomers in New Jersey
The Wealthy Are Leaving New Jersey in Droves: Here's Why
Should I Transfer My New Jersey Home to My Child? Exploring Tax Implications and Smart Strategies
Aging in Place vs. New Horizons: Unveiling the Choices of New Jersey's Baby Boomers in Retirement
New Jersey Housing Market Tightens, Prices Soar
Escape from New Jersey's Democratic Policies: Top States for Republican Refuge
Beware: The Harsh Realities of Retiring in New Jersey - Crushing Taxes and Skyrocketing Property Costs Await
Retirement Bliss: Discover the Top 10 States for Your Perfect Retirement Haven!
Top 5 Challenges New Jersey Home Sellers Over 55 Face and How to Overcome Them
Discover the Top 5 States with the Lowest Cost of Living: Stretch Your Budget and Enhance Your Quality of Life!
Unveiling the Hidden Dangers of Reverse Home Mortgages for Seniors: Safeguarding Your Financial Future
Tax Freedom Unleashed: Discover the 5 States with Zero Income Taxes!
Why New Jersey Struggles as a Business-Friendly State
Unveiling Probate Process in New Jersey: Selling a Deceased Family Member's Home
Seniors Beware: What You Need to Know About New Jersey's Exit Tax When Selling Your Home and Moving Out of State
Exiting New Jersey: The Lowdown on Realty Transfer Tax for Seniors Selling Their Homes and Moving Out of State.
Seniors in New Jersey who are considering relocating to another state need to be aware of the state's realty transfer tax, also known as the Exit Tax. Introduced in 2007, this tax is a flat 2% of the sale price of the property, with a maximum of $20,000. While this tax is not unique to seniors, it can be a significant financial burden for those on a fixed income.
Top 10 States That Are Stealing New Jerseyans: Where Are They Moving To
It all begins with an idea.