Quincy: That last link you sent seems particularly useful. It seems to be saying that the tax would be two dollars for every $500 on properties valued under one million dollars (which mine is).
I suppose one would prefer not having to pay anything if one doesn't need to, at least that is now a number that I can start with and it is not something astronomical like 33 percent of the price of the whole apartment (though it is a chunk of change I would rather keep in my pocket).
I am however confused by your comment: "To avoid transfer taxes, the conveyance should be without consideration (money, property, any other thing of value)."
I suppose, then, it is possible to avoid the transfer tax since nothing is going to be conveyed for the property?
Maybe upon second reading that will become more clear, unless you know outright.
By the way, adjusterjack, I will live in it myself.
Thank you!
