Mansion or not, you can't escape the so-called mansion tax

… $1 million or moreeven if the place you are buying is an apartment Thats because the fee is based on the sales prices not the type of property and it starts at 1 percent of the purchase price This state tax which … to $1 million theres a slim chance of avoiding the tax In theory a buyers broker commission rebate might just work The …

By Jennifer White Karp |April 14, 2025 - 10:00AM