A 3.8% tax on the sale of Real Estate as part of the Health care/ Obamacare bill, true or false? Well it is a little of both. There has been a lot of information and disinformation concerning this new tax come across my desk. Most of the emails I get are saying that the new 3.8% tax will effect everyone and the examples given usually show something along the lines of if a person sells their home in Fredericksburg Texas for $450,000 they will owe $17,100 to this new tax and that is simply not correct in most cases. I hope the video below will help clear up some of the misconceptions and disinformation concerning this new tax.
Also please download this informational package
which will provide you more details and several examples
of how this may affect you .
I am not a tax attorney or CPA, you should always consult with a tax professional to determine your liability,
this is for informational purposes only.
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