How do you calculate the 2% tax? (Peconic Bay Region Community Preservation Fund)
For unimproved property $75,000 is exempt, so if the purchase price is $200,000 you would deduct $75,000 and would pay 2% on the balance of $125,000. The amount of tax would be $2,500. For improved property $150,000 is exempt.

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1. Who do I contact if I have questions concerning the Suffolk County Preservation Program or properties subject to a County Easement?
2. Who pays the Two-Percent Real Estate Transfer Tax?
3. How do you calculate the 2% tax? (Peconic Bay Region Community Preservation Fund)
4. Where do you pay the 2% tax? (Peconic Bay Region Community Preservation Fund)
5. Where can I find information regarding the Community Preservation Fund First-time Homebuyer Tax Exemption?
6. Where can I find a copy of the recorded Town of Southold Development Rights Easement?