The transfer tax (deed tax / conveyance tax) rate in District of Columbia is 1.45%. Deed recordation + transfer tax combined
Deed recordation + transfer tax combined
In most states, the seller pays the transfer tax, though in some states it is split between buyer and seller or paid entirely by the buyer. Always confirm with your real estate attorney or title company.
If the rate is 1.45%, multiply your sale price by the rate to estimate the tax. For example, on a $400,000 sale at 1%: $4,000 transfer tax.
Property taxes, state income taxes, and deductions affect your federal return. Get clear, plain-English tax briefs from CapitalTaxBrief.com.