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New bill would tax Maine homes sold at more than $1 million

Summary by WMTW
Maine House Speaker Ryan Fecteau is proposing legislation that would increase real estate transfer tax on homes sold for more than $1 million.

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New bill would tax Maine homes sold at more than $1 million

Maine House Speaker Ryan Fecteau is proposing legislation that would increase real estate transfer tax on homes sold for more than $1 million.

·Portland, United States
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Portland Press HeraldPortland Press Herald
+2 Reposted by 2 other sources
Center

Maine lawmakers may raise taxes on home sales over $1M

A bill would increase the real estate transfer tax on some of the state's most expensive properties in order to fund affordable housing initiatives. But it would also give some tax relief to first-time home buyers.

·Portland, United States
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Portland Press Herald broke the news in Portland, United States on Thursday, April 3, 2025.
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Similar News Topics

Taxes

Taxes

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Maine, Maine

Maine, Maine

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