The 3.8% real estate tax

The National Association of Realtors has prepared the following brochures to help explain how the 3.8% “real estate tax” will work.  In fact, Congress calls the tax the “New Medicare Tax on Unearned Net Investment Income”, and the tax will take effect January 1, 2013.

NAR FAQs the 3.8 % tax scenarios

NAR Brochure the 3.8 % tax scenarios

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Jim Bobo, Jr., Realtor, BIC, ABR, RSPS, MBA

SC Land and Homes LLC
PO Box 1182
Johns Island, SC 29457-1182
Call or text (843) 442-7275
Fax (888) 456-6618

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