does the buyer have to pay flip tax
If there is no association rule, market conditions will usually determine who will pay the tax. If it is a sellerâs market and the new buyers are competing against others for the property, the homeowners can usually require the buyer to pay the tax. The buyer usually will pay the flip tax in order to get the property. However, if itâs a buyers market and the seller is having trouble getting an offer on the property, the seller may offer to pay the flip tax as an incentive for prospective buyers.