38 transfer tax: The Reality of the Real Estate Transfer Tax - 04/23/12 11:31 PM
The 3.8% Real Estate Transfer Tax (AKA The Medicare tax) EXPOSED
It is time to break down all the questions regarding ‘The 3.8% Real Estate Transfer Tax’ that was so adeptly placed into the Obama Health Care Plan, which passed in the Congress in October 2012. 
Set to begin taxing certain real estate transactions January 2013, the intent of this new legislation is to generate an estimated $210 Billion to help fund President Obama’s over haul of Health Care and Medicare.
This new tax will NOT affect all Real Estate transactions, but it may impose a tax on some interest, … (1 comments)