Let's talk real estate

July 22nd, 2010 2:20 PM

President Obama signed a 20,000 page bill that includes a transfer tax for those with income over $200,000 who sale and make a profit on real estate or investment properties. Also applies to investment income and dividends. Starts in the year 2013. Officially the tax is called a Medicare tax.

Just another nail in the coffin. With 20,000 pages there are probably other prizes hidden within.

Posted by The Bobby Dean Team on July 22nd, 2010 2:20 PMPost a Comment (0)
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