Quote:
Originally Posted by Clodfobble
As a side note, I can't find a cite on this in either direction, but as far as I know there is no "sales tax" for the purchaser of a home. There can be a tax on the profit to the seller of the home, but there are exclusions that make that really only apply to investors who are not living in the house.
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That's true, but there is a property tax on a house. You don't find property tax on something like a hammer, even though a hammer will usually last just as long.