How Much Is Excise Tax On A Home In Washington State?
ESSB 5998 required the department to: Create a graduated state REET rate structure for sales of real property. Graduated REET Structure. Sale price thresholds Tax rate $500,000 or less 1.10% $500,000.01 – $1,500,000 1.28% $1,500,000.01 – $3,000,000 2.75% $3,000,000.01 or more 3% Who pays the real estate excise tax in Washington state? The seller of …
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