The 3.8% Tax Is Not a Real Estate Transfer Tax
By Robert Freedman, Senior Editor, REALTOR® Magazine National Association of REALTORS® Shortly after the federal government enacted sweeping healthcare reform earlier this year, there was considerable concern over a last-minute addition to the legislation: a 3.8 percent tax on investment income of upper-income households to help shore up Medicare. The tax takes effect in 2013. Among […]
