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City of Oakland real estate transfer tax?

Does the city of Oakland have a real estate transfer tax?  The answer is YES.  It is equal to 1.5% of the sale price. ($15/ thousand of sale price)  In a typical real estate transaction it is customary for the Seller to pay 50% and the Buyer to pay 50%.  The county of Alameda imposes [...]

Top tax questions homeowners must ask

Anybody that ownes a home or is considering buying a home in Oakland, Piedmont or Berkeley should consider the answers to the following important tax questions: What tax benefits did homeowners get in the recent ‘fiscal cliff’ budget agreement? What are the home related tax deductions people most often claim? What is the #1 mistake [...]

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