Each transaction is taxed at 5% when you buy, and 5% when you sell. The taxes are broken down into three categories: Real Estate Tax, Marketing Tax, and Management Tax
The Real Estate Tax makes up 3% of the total 5% tax. The revenue generated from this tax will be used to purchase properties such as multi-family homes, commercial properties, and eventually, apartment complexes. The cash flow from these properties will then be rewarded to holders of the Chain Estate DAO NFTs to justify this tax.
The Marketing tax will make up 1% of the tax. This tax will be used to fund marketing campaigns/materials such as sponsors, ads, audits, and more. Any excess capital raised from this tax will be used to purchase more real estate.
The Management tax will make up the remaining 1% of the tax. This tax will be used to pay the property management team, realtors, and other fees associated with purchasing properties. Any excess capital raised from this tax will be used to purchase more real estate.