© 2016-2024 SnapStats® Publishing Co. *Current Assumptions for the Property Transfer Tax (PTT) SnapStats® online calculator: PTT Rate Assumptions: 1% on the first $200,000, 2% greater than $200,000 to $2,000,000, 3% greater than $2,000,000, and an additional 2% on residential properties over $3,000,000. New home PTT exemption applies up to $1,100,000. First Time Home Buyer threshold exemption is $835,000. The first $500,000 of the property’s fair market value is exempt from PTT. Proportional exemptions* are considered and calculated. Foreign entities 20% purchase tax details HERE. Foreign entities and taxable trustees are not eligible for the New Home PTT exemption and any additional property transfer tax values for foreign entities and taxable trustees is not offered. This calculator works for fee simple lands only and not leasehold properties. The calculator should not be relied on for legal purposes. No part of this calculator may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. The accuracy and completeness of the information or results is not guaranteed. SnapStats® Publishing Co. will not be held responsible for any loss of any sort — whether consequential, incidental, special or otherwise — that may result from the information presented here.

*between $835,000 to $860,000 and $1,100,000 to $1,150,000