LogFAQs > #979461635

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Topic	Mansion Tax, Chicago Primary :(
CobraGT 03/19/24 11:55:41 PM #4:	@streamofthesky It looks like??? where are you getting this? It is a 3 tier graduation It lowers the rate on the first million as compared to the current tax. The next tier iirc is 500K with a significant increase on that amount. The third tier is 2 mill and above. Most homeowners get a reduction. The building I rent in is under a million being 100 years old but even though some of the new buildings on my block will be above the buyer of the condo is going to be taxed on the price of his condo which is less than a mill. --- GoldenSun/Crossbone Isle diagrams/ 18 teams known https://photobucket.com/u/SwordOfWheat/a/9990a2ee-25f3-4242-ae79-7d2d4b882be4 <cite>CobraGT posted [p:979461635] in Mansion Ta... [t:80725881]...</cite> <quote>@streamoftheskyIt looks like??? where are you getting this? It is a 3 tier graduationIt lowers the rate on the first million as compared to the current tax. The next tier iirc is 500K with a significant increase on that amount. The third tier is 2 mill and above.Most homeowners get a reduction. The building I rent in is under a million being 100 years old but even though some of the new buildings on my block will be above the buyer of the condo is going to be taxed on the price of his condo which is less than a mill. --- GoldenSun/Crossbone Isle diagrams/ 18 teams known https://photobucket.com/u/SwordOfWheat/a/9990a2ee-25f3-4242-ae79-7d2d4b882be4</quote> ... Copied to Clipboard!
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