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Is a flip tax part of NYC RPTT?

No. A flip tax or transfer fee is imposed by a cooperative's governing documents, not by the City's RPTT schedule. The amount and payer are building-specific.

From the seller playbook: NYS and NYC Transfer Tax - Verified Net-Proceeds Planning

This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.

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