transfer tax - Posted by bill

Posted by David Krulac on October 10, 2003 at 22:20:02:

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transfer tax - Posted by bill

Posted by bill on October 10, 2003 at 08:25:11:

If I take a property subject 2, using the land trust method, do I pay a transfer tax? What about when I sell it, either retail or on a lease option? When I sell, I know I pay income tax on it, but do I then pay the transfer tax?