What would you like to do?

Do you pay land transfer tax in Ontario when buying a new home?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

Do you pay land transfer tax in Ontario when buying a new home?
Indeed you do. The land is first owned by the developer, when you take possession of the land & house the land ownership is transferred to the buyer, complete with a title search.
Thanks for the feedback!
Follow

You've built your own brand and made a real name for yourself. Have you always had an entrepreneurial spirit?

View Full Interview

Do you need to pay state sales taxes when you buy a house as in the case when one buys a new car from a dealership?

Yes, there are taxes involved in the sale and transferral of real estate. These tax are often in different form from sales tax. Handled at closing, these taxes, called "doc st

Do you pay sales tax when buying a home in Iowa?

In my state there is no sales tax on a home sale.

Do you have to pay sales tax when you buy a home?

No. Virtually everywhere real estate is not sales taxable. There are frequently other taxes specifically tied to real property sales -generally geared to the transfer of the

If you live in Massachusetts and buy a car in New Hampshire will you have to pay tax in Massachusetts?

  You pay tax where you register the car; you register the car where it will be garaged for more than 6 months out of the year. So in your case, yes, you pay the 5% sales

Do I have to pay gift tax on a new car I buy for my son?

You do if the value of what you give him in a single year exceeds your annual exclusion of $15,000 (in 2012). You could give him half of a $30,000 car this year and the other

What happens when you do not pay the taxes on your home?

Municipalities have the legal authority to take possession of real property when the property taxes become delinquent. The legal procedure varies from state to state but gener

Do you pay capital gains tax if you roll the profit into a new home?

The law changed in 1997. Before that, you had to buy a new home to avoid capital gains tax. The law no longer cares what you do with the money from the sale of the old home.

Do you have to pay taxes for buying a used car?

I assume you are in the Canadian market and the taxes are in Canada. When buying from a dealer you should expect to pay 13% of tax, both GST and PST. But when buying from a pr

Do you pay property tax on land in Florida?

In the state of Florida if you own land, that is your name appears on the title, you must pay taxes each and every year to the County tax collectors office in which the land i

What taxes do you have to pay when you buy a motorcycle?

  You will have to pay the state and local sales tax as it applies in your state the same as you would for any other vehicle. You will also be paying for a tag to license
Do you pay sales tax when buying a home?

Do you pay sales tax when buying a home?

When you purchased your home you probably paid settlement or closing costs in addition to the contract price. You can deduct home mortgage interest, points, and certain real e

What happens if a home owner does not pay their property taxes in New Jersey?

In New Jersey, property taxes are a continuous lien on the real estate. Property taxes are due in four installments during the year: February 1, May 1, August 1, and November