Sales of tangible personal property are subject to New York sales tax unless they are specifically exempt. Sales of services are generally exempt.The following answers to frequently asked questions may help you decide whether you should appeal your property's assessment and will guide you on how to do it. Capital gains from investments (including proceeds from property sales) are treated as ordinary personal income and are taxed at the same rates. Generally speaking, capital gains taxes are around 15 percent for US residents living in the State of New York. Generally, property taxes are based on the estimated market value of your home. The property tax rate in the Bahamas ranges depending on the property's price. Find out how much you'll pay in New York state income taxes given your annual income. Customize using your filing status, deductions, exemptions and more. Choose Maidenbaum to reduce your Nassau County property taxes.