Are they exempt from treatment denial by the shovel-ready ∅Care Death Panel ™ ?
Wait till peolpe who sell their homes or real estate find out they owe Obama 3.9% of the purchase price. That should do wonders for the housing market and the economy. People who are underwater will be an additional 3.9% when the TAX takes effect.
False.
"...…once more rumors are circulating on the Internet and by e-mail that the health care reform law enacted two years ago includes a 3.8 percent transfer tax on real estate starting in 2013. That rumor is not true; NAR has material available to you to explain how that 3.8 percent tax works. It’s a tax on a very narrow band of investment income for high-wealth households (those who earn $250,000 in a joint return or $200,000 as an individual) that could come into play on the sale of a house if the sales gain is more than $500,000 for a married couple or $250,000 for an individual."
Source: National Association of REALTORS®
But it does apply to “net rents” on investment properties.
Now rents will be raised by 3.8% or more
So, you are saying that it is only false cause less people will be paying this? As a member of NAR, this tax exists. And, by the way, NAR can suck it.
How does what you posted contradict the claim of the tax? Also, who believes anything a realtor says?