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    lorilisav's Avatar
    lorilisav Posts: 2, Reputation: 1
    New Member
     
    #1

    Apr 4, 2008, 09:39 PM
    Taxes on apartment buy out
    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's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

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

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