taxchanges: Washington State REET Changes - Is Your Glass Half Full? - 01/17/20 03:40 PM

All real estate brokers in Washington should be aware of the changes to the Real Estate Excise Tax (REET) rates that went into effect January 1 of this year.
The new rates present a "glass is half full / half empty" scenario and (to mix metaphors) the benefits and drawbacks "are in the eye of the beholder."  The previous state tax rate was a flat 1.28% of the sales price for all properties. The new rates are graduated, which will reduce the tax for some properties and raise them for others*.
Other than farm or timber land, any property selling for $500,000 and … (25 comments)

 
Debb Janes, Put My Love of Nature At Work for You (Nature As Neighbors)

Debb Janes

Put My Love of Nature At Work for You

Camas, WA

More about me…

Nature As Neighbors

Address: 3200 SE 164th Avenue, Suite 301, Vancouver, WA, 98683

Office: (360) 608-4900

Mobile: (360) 608-4900

Debb Janes and Bernie Stea have been a real estate team for over a decade in Clark County, WA, where they specialize in ViewHomes™, family estates, multi-generational living, and homes with large lots or acreage.


Listings

Links

Archives

RSS 2.0 Feed for this blog