There isn't a Federal sales tax but the individual States and Cities have different ways of taxing the sale. For instance in NC there is a Transfer tax when you sell your home.
With the exception of Urban Enterprise Zones the statewide sales tax in New Jersey is 7 percent, In municipalities which have been designated as a UEZ such as Orange, Elizabeth, Jersey City etc......
Maybe. Starting in 2013, singles earning over $200,000 AGI and marrieds over $250,000 will have to pay a 3.8% home sales tax, but only on the profit (capital gains) over $500,000.So, most people will...