There’s so many misconceptions about the 2% Peconic Land Tax collected at closing. Many believe the tax goes directly to the Peconic Land Trust, which is inaccurate. The funds are used to preserve the land, historic buildings and even help keep our waterways clean, which in turn helps reduce our property tax. For more information watch the full length video or get in touch with me directly. Terry.thompson@elliman.com
What is the 2% Peconic Land Tax?
There’s so many misconceptions about the 2% Peconic Land Tax collected at closing. Many believe the tax goes directly to the Peconic Land Trust, which is inaccurate. The funds are used to preserve the land, historic buildings and even help keep our waterways clean, which in turn helps reduce our property tax. For more information watch the full length video or get in touch with me directly. Terry.thompson@elliman.com
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