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View Full Version : Taxes on apartment buy out


lorilisav
Apr 4, 2008, 09:39 PM
When they offer you an amount to buy you out of your apartment. Does the offered amount get taxed and if yes how muc? For instance, if they are offering to buy out your apt for in nyc for $20000. How much would you end up receiving?

MukatA
Apr 4, 2008, 11:59 PM
This is sales tax or property tax question. Check at the state web site.