This figure counts taxes, government fees and agent commissions only. It excludes operating costs: insurance, HOA or service charge, property management, maintenance and vacancy. Those are building-level commercial terms rather than public record, so they cannot carry a primary source, and this product does not print numbers it cannot cite.
| Item | Amount | Source |
|---|---|---|
| Land transfer / deed tax Tennessee realty transfer (recordation) tax: 0.37% ($0.37 per $100) of the greater of consideration or property value, paid by the GRANTEE (… |
$1,480 | TN DOR published guidance REC-1 — Recordation Tax Overview (as of 2026-07-25); TN DOR REC-11 — Transfer Tax Responsible Party (as of 2026-07-25) |
| Mansion / luxury transfer tax | Not available — no sourced figure | — |
| Buyer's agent commission Traditionally the US buyer paid no direct agent commission (the seller-paid total covered both sides). |
$0 | Federal Reserve Board — FEDS Note: Commissions and Omissions (NAR settlement mechanics) (as of 2026-07-20) |
| Legal / closing costs | Not available — no sourced figure | — |
| Item | Amount | Source |
|---|---|---|
| Annual property tax (county effective rate) ACS-derived EFFECTIVE property-tax rate for this county: median real-estate taxes paid (ACS table B25103, $2,376) divided by median owner-oc… |
$4,138 | US Census Bureau — ACS 5-Year Estimates 2023 (tables B25103 median real estate taxes paid, B25077 median home value) (as of 2023-12-31) |
| Item | Amount | Source |
|---|---|---|
| Rental income tax (federal) §871(d) election: NRA may elect to treat US rental income as effectively connected, taxing NET income (after expenses/depreciation) at ordin… |
$4,226 | IRS — Taxation of nonresident aliens (as of 2026-07-20); IRS — FDAP income (W-8ECI mechanism) (as of 2026-07-20); IRS — Federal income tax rates and brackets (as of 2026-07-20) |
| Rental income tax (state) | Not applicable — Tennessee has NO individual income tax: the Hall tax reached only interest/dividends and was repealed for tax periods beginning on or after … | TN DOR — Hall Income Tax (archived tax) (as of 2026-07-25) |
| Item | Amount | Source |
|---|---|---|
| Capital gains tax (federal) Under IRC §897 (FIRPTA), gain on a foreign person's disposition of US real property is treated as effectively connected income taxed at LTCG… |
$0 | IRS — Topic No. 409, Capital gains and losses (as of 2026-07-20); IRS — Definitions of terms and procedures unique to FIRPTA (as of 2026-07-20); Legal Information Institute — 26 U.S. Code §897 (as of 2026-07-20) |
| Capital gains tax (state) | Not applicable — No Tennessee capital gains tax for individuals — there is no individual income tax to reach the gain; the DOR's complete tax enumeration lis… | TN DOR — complete tax list (no individual income/CGT present) (as of 2026-07-25) |
| Seller's agent commission US total real-estate commission, encoded from the Federal Reserve's CoreLogic-MLS study: buyer's-agent side averages ~2.7% nationally, and t… |
$21,600 | Federal Reserve Board — FEDS Note: Commissions and Omissions: Trends in Real Estate Broker Compensation (May 2025, CoreLogic MLS data) (as of 2026-07-20) |
| Withholding at closing on the sale FIRPTA withholding (IRC §1445): when a foreign person disposes of a US real property interest, the BUYER must withhold 15% of the amount rea… Cash withheld at closing, credited against the tax liability itemised above — not an additional tax. |
$60,000* | IRS — FIRPTA withholding (as of 2026-07-20); Legal Information Institute — 26 U.S. Code §1445 (as of 2026-07-20) |
| State withholding at closing | Not applicable — No Tennessee closing withholding on nonresident sellers: the DOR's complete tax enumeration contains no withholding tax of any kind, consist… | TN DOR — complete tax list (no withholding tax present) (as of 2026-07-25) |
| Item | Amount | Source |
|---|---|---|
| US estate-tax exposure (non-resident) US estate tax exposure for NRA holding US real estate directly (IRC §§2101-2108): exemption is effectively $60,000 of US-situated assets ($1… |
Threshold: $60,000 | IRS — Some nonresidents with U.S. assets must file estate tax returns (as of 2026-07-20); IRS — Instructions for Form 706-NA (as of 2026-07-20); IRS — Estate tax for nonresidents not citizens of the United States (as of 2026-07-20) |
| Tax-treaty caveat The US has income-tax treaties with ~65 countries and estate/gift-tax treaties with ~15; a treaty can lower the 30% gross rental withholding… |
treaty_dependent | IRS — United States income tax treaties A to Z (as of 2026-07-20); IRS — Estate & gift tax treaties (international) (as of 2026-07-20) |
Not yet sourced for this jurisdiction: tax.luxury_property_pct, cost.closing_pct — shown as gaps above, never guessed.
This city does not publish permit-level application-and-issuance dates in a free public feed — a city-level issuance median cannot be computed honestly, so none is shown.
Construction timeline benchmark (South region, 2025): permit → start 1.5 mo single-family / 2.8 mo multifamily; start → completion 6.6 mo / 14.7 mo.
South Census region average, 2025 — the finest geography this survey publishes · US Census Bureau & HUD, Survey of Construction — Length of Time tables (2025 annual) (as of 2026-07-25)
No active registry watch covers this neighborhood yet — registry-level sale evidence (county recorder / land-department feeds) is shown only where a live watch exists, never estimated.
Fewer than 5 usable closed transactions on record for this neighborhood — no benchmark is computed from a thin sample.
This is one deal on one date. Tell us where you hold and we will run your own jurisdictions, or see what has already moved in the ones you underwrote.