The Upcoming 3.8% Tax on Real Estate Transactions.

As you may already know, this tax legislation passed by Congress in 2010 with the intent of generating an estimated $210 billion to help fund the   overhaul of the nations health and Medicare plans. Understand that this tax will not be imposed on all real estate transactions.  This is a complicated tax and we are fortunate that the National Association of Realtors has prepared a brochure that explains the tax law in detail and hopefully displace any common misconceptions.

Please Click Here to download the entire brochure..