Beginning January 1st, 2013 there will be a new 3.8% tax on some investment income. This tax will effect some real estate transactions so the National Association had put together a brochure to help explain the tax using different scenarios. I have attached that brochure here for your convenience. Please remember to always check with your tax professional to see how and if this will effect you.
Tetra Homes, Inc. - Loveland, OH
Christa - We probably won't have to worry about this as this country will (still) have a big recession to deal with which will force Congress to re-evaluate their taxing policies.
Dec 18, 2010 09:31 AM
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