So now that the elections are over and President Obama has won a second term, the focus shifts to the fiscal cliff. What is this cliff exactly? And how steep is the fall? Well, pretty steep, if we fall. In essence, three things are set to happen: The first is the expiration of tax cuts. The second is an actual increase in taxes from the Health Care Law. The third is automatic spending cuts agreed upon from the budget deal in 2011.
Watch to find out its effect on Real Estate investing.
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