Establishes a tax on residential property transfers within two years and on properties sold for $1 million or more in New York City.

The End Predatory Home Flipping Act imposes a tax on the transfer of residential properties sold within two years of the prior conveyance. It also imposes a tax on properties in New York City sold for $1 million or more. Certain transfers are exempt, including those following the owner's death, new housing sales, and transfers to family members or due to financial hardship. The tax rate is 65% of the difference between the current sales price and the prior sales price.

Establishes a tax on residential property transfers within two years and on properties sold for $1 million or more in New York City.

The End Predatory Home Flipping Act imposes a tax on the transfer of residential properties sold within two years of the prior conveyance. It also imposes a tax on properties in New York City sold for $1 million or more. Certain transfers are exempt, including those following the owner's death, new housing sales, and transfers to family members or due to financial hardship. The tax rate is 65% of the difference between the current sales price and the prior sales price.