What is the transfer tax on a Georgia home sold for $215,000?

To determine the transfer tax on a Georgia home sold for $215,000, it's important to understand how the state calculates this tax. In Georgia, the transfer tax is set at $1 per $1,000 of the selling price.

In this case, you would take the sale price of $215,000 and divide it by $1,000, which gives you 215. This means that the transfer tax would be calculated as follows:

215 (the number of thousands in $215,000) multiplied by $1 equals $215.

Therefore, the transfer tax on a home sold for $215,000 would be $215. This aligns with the understanding of how transfer taxes are calculated in Georgia, emphasizing the straightforward method of using the property's sale price to determine the tax owed.