Factoring in a flip tax
Started by lucles
about 13 years ago
Posts: 4
Member since: Aug 2011
Discussion about
What sort of discount should I be factoring in for a 2BR/2BA apartment that comes with a 50% flip tax. It is new construction, the apartment is really nice with skyline views, building has amenities in a gentrifying neighborhood. But the buyer would face a 50% flip tax because it is a public/private partnership. What's a price the apartment could command give the details I provided?