Tax Code · arts. 81 and 82 · commission
Selling Costs Calculator — Seller Net Proceeds (Georgia)
An individual selling a home pays 5% on the surplus when Public Registry ownership is two years or less, and 0% after that. Subtract the agent commission to see what is left.
Calculate
| Sale price | ₾200,000 |
|---|---|
| Surplus | ₾0 |
| Income tax on surplus · 0% | ₾0 |
| Agent commission | ₾4,000 |
| Left in hand | ₾196,000 |
A model for an individual resale of a residential apartment or house, not a Revenue Service assessment. The clock runs from Public Registry registration, not the preliminary contract. Improvement costs that raise the cost base are not a separate line — fold them into the purchase price. Commercial property is a different rule (20%). Commission is a market band. The notary usually sits on the buyer calculator.
Frequently asked questions
Is selling a flat taxed in Georgia?
An individual’s surplus on a residential apartment or house is taxed at 5% when ownership is two years or less, and 0% after that.
What is the surplus?
Sale price minus purchase price. Sell for less and both the surplus and the tax are 0.
When does the two-year clock start?
From registration of ownership in the Public Registry, not from the preliminary contract or the payment date.
Who pays the agent commission?
Usually the seller (1–3%). On these inputs the commission is ₾4,000.
What is left in hand on these prices?
Surplus ₾0, tax ₾0, left in hand ₾196,000. This is not a Revenue Service assessment.
Selling a flat?
Compare the buyer’s closing bill, annual property tax, or find an agent.