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A house sold for $600,000. The mortgage on the house is $400,000. The documentary stamp tax on the deed is $0.50 per $100 or portion thereof. How much is the documentary stamp tax on the deed? (2 points)

$3,000

$300

$200

I really need help please asap thank you. only if you can help and only if you know the answer.

kaylakelley2019  Oct 4, 2018
 #1
avatar+14 
+1

Bradley has purchased a home for $471,000. He made a 25% down payment and financed the remaining amount. The intangible tax is 0.5%. Which of the following is the total amount of the intangible tax? (2 points)

$176,625.00

$1,766.25

$235,500.00

kaylakelley2019  Oct 4, 2018

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