Katelyn Mayer Realtor - Iron Valley Real Estate of Central PA

  York, PA offers a wide range of rental communities that cater to different budgets, lifestyles, and preferences. Whether you’re looking for a cozy one-bedroom apartment or a spacious two-bedroom unit, there are options with modern amenities and convenient locations throughout the area. Featured Communities Powder Mill Apartments 2-bedroom units available for $1,922/month, including utilities. Convenient location with easy access to local shopping and services. Camelot Arms & North Hills 1-bedroom units available immediately for $1,295/month. 2-bedroom, 2-bath units with 2-car garages available starting at $1,917/month. Additional options at nearby Coldsprings include 1-bedroom units with balconies and in-unit laundry. Susquehanna Trail Apartments 2-bedroom units on various floors, ranging from $1,949–$1,974/month. Utilities include sewer; water and electric billed by usage. Yorklyn Apartments & Townhomes 2-bedroom top-floor units startin...

When non-residents sell real estate in Maryland, whether it’s a rental, vacation home, or investment property, the tax implications go beyond federal capital gains. The state has specific withholding rules designed to ensure it collects any state income tax due on profits. Understanding these rules ahead of time can save you headaches and unexpected costs at closing. What Non-Residents Need to Know Maryland requires that non-resident sellers account for taxes on capital gains. Many sellers refer to this as an “exit tax,” but it is actually a withholding requirement . This ensures the state collects any income tax owed on profits from the sale, even if the seller lives out of state. The Withholding Rate For a non-resident individual: 8% of the net proceeds from the sale. For a non-resident entity, such as an LLC or corporation: 8.25% of net proceeds. How Net Proceeds Are Calculated Withholding applies to the net proceeds, meaning the sale price minus mortgages, liens, and ...