The 2025 Millionaire's Tax Check-In

The 2025 Millionaire's Tax Check-In

It's been over two years since the 4% surcharge on income over $1M was enacted. In 2025, how is it actually affecting high-end sales in Weston and Wellesley?

The Reality

• Inventory Stabilization: After an initial 'rush to sell' in 2023, the market has settled. High-net-worth sellers are now just pricing the tax into their strategy.
• Asset Shifting: We're seeing more buyers use trust structures and tax-advantaged accounts to manage the proceeds of a sale.
• Resilient Demand: For most, the lifestyle benefits of these towns far outweigh the additional tax, keeping prices stable.

Maggie's Tip

If you're selling a primary residence, the $500k exclusion still protects a large chunk of your profit before the surcharge hits.

[[CTA]] Navigating a high-value sale? Let's coordinate with your financial advisor to ensure a tax-efficient transaction.