A New 3.8% Real Estate Tax???

NOT REALLY…However, starting in 2013, there will be a tax that will impact SOME property sales. There has been a lot of misinformation circulating out there regarding the topic of this new 3.8% tax. It’s not a real estate tax, but it can impact some transactions. It is a tax…so it’s a bit complicated. This brochure helps break it down and gives several excellent examples. As always, consult your tax professional regarding any questions as they pertain to your situation. http://goo.gl/6JCyv