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Attention all New Hampshire Property Owners...we need your help!!!!
This is very important Information for all New Hampshire Property owners...and an UNFAIR burden on the backs of all property owners.
This Bill has been defeated before with the help of all New Hampshire REALTORS® and now it is being revisited again with House Bill 868.
Please help us defeat it again!
If passed this will impact you and your pocket when you sell your home, we already have the highest real estate property transfer tax in the nation!!!
Please take action and help us fight this new tax Again!!!! Pay close attention to talking point # 4...double taxation.
Thank you for your support and attention to this very important issue...we really need your help on this one!
Please call your Representatives- find them by clicking here.
The following is reprinted with permission from the NH Association of REALTORS®...
Please
contact your local State Representatives regarding House Bill 868,
relative to a surcharge on recording documents with the register of
deeds to fund the Land and Community Heritage Investment Program
(LCHIP).
HB 868 proposes a new tax on recording documents in New Hampshire. The
revenue generated by the tax is to be dedicated to LCHIP.
The
New Hampshire Association of REALTORS® supports LCHIP, and to that end
endorses the $12 million LCHIP line item in Gov. Lynch's proposed
budget. However, a new tax related to real estate is unreasonable.
The bipartisan majority of the House Municipal and County Government
Committee voted 9-8 in favor of killing the bill, and the House will be
voting on the legislation very soon. Please take a moment and call
your local Representatives to express your opposition to the new tax.
For your Representatives' contact information, click here.
Talking Points:
- New Hampshire has the highest uniform state real estate transfer tax in the country.
New taxes will create higher burdens for individuals attempting to
purchase new property and could reduce housing opportunities across
income spectrums.
- LCHIP is already funded in the proposed budget. Why
should LCHIP, a non-state agency, receive a dedicated funding source
with no oversight, while other human service programs must justify
their needs through the budget process?
- Almost all county registrars of deeds oppose the new tax.
Many testified that the bill creates administrative burdens for the
counties and were unclear whether the $40 tax applies to every page
recorded in a deed, mortgage or recording of plats.
- Is this double taxation?
The Department of Revenue did not take a position on the bill but did
provide a list of serious concerns, including the issues of whether the
counties should be collecting a tax for a non-state agency and whether
the proposal was, in fact, double taxation.
Jay and Monika McGillicuddy
Prudential Verani Realty
2 Main St.
Hampstead NH
603-548-7728 (cell)
603-329-6625 x1447(office)
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About Jay McGillicuddy
When buying or selling, don’t make a “move”
without the help of Jay and Monika McGillicuddy…
your Real Estate Professionals.
When looking for KNOWLEDGE, SKILLS and EXPERIENCE plus SERVICE at its best,
Call Jay and Monika to lock into their proven formula for success.
Jay and Monika are licensed veteran professionals with over 20 years of real estate experience each. Both have extensive training, sharp negotiation skills and the ability to handle every aspect of your transaction quickly, easily and accurately. They are the keys to your success!
When buying or selling a home you need these keys to ensure the ultimate success of your most important real estate decisions!
That is why it is imperative you choose REALTORS® who offer you keys that work . . . REALTORS® who are qualified to open all the right doors step by step!
Jay and Monika have the experience and service you need to make certain your real estate transactions are carried out exactly as you intend.
They can handle every aspect of your purchase or sale quickly, easily and accurately. Jay and Monika have specialized in the Southern New Hampshire area for over 20 years and know its neighborhoods well. They are always aware of the area’s ever-changing real estate trends.
Let them Work For You!
Jay and Monika have both been deeply honored to be selected by their peers as REALTOR® of the Year. Jay in 1991 and 2004 and Monika in 1993 and 2000.
Jay was the 2004 president of the New Hampshire Association of REALTORS®.
Monika serves on the National Association of REALTORS® professional standards committee and is a certified mediator.
Jay was Awarded the Omega Tau Rho Medallion Service Award by the National Association of REALTORS® in 1999.
Monika and Jay reside in East Hampstead. Both are active in their community and enjoy spending time with their family and friends.
They love the outdoors and enjoy sea kayaking, bike riding and camping.
Jay is an avid golfer and Monika tries to like the game. They both enjoy good health and enjoy working out at the Hampstead Health and Fitness Club.
They love exploring the coast of Maine, Lobsters and Steamers.
Jay is a life long Patriots and Red Sox fan. Monika just likes Adam Vinateri and USED to like Johnny Damon.
Over the years Jay and Monika have found that being REALTORS® has truly given them many Golden Opportunities and Lasting Friendships….