A question for the Realtors!
Printed From: MiddletownUSA.com
Category: Classifieds
Forum Name: Real Estate for Sale
Forum Description: List real estate available in the area, upload images and pricelists
URL: http://www.middletownusa.com/forum/forum_posts.asp?TID=4094
Printed Date: Nov 27 2024 at 10:59am
Topic: A question for the Realtors!
Posted By: Mike_Presta
Subject: A question for the Realtors!
Date Posted: Aug 28 2011 at 10:54pm
There is a rumor going around. Perhaps one of the Realtors that posts here can clear it up for us with the facts:
Supposedly, this is a provision of the Healthcare Act, and it does not take effect until 2013 so that it will not become widely known until after the 2012 presidential election. Is this true???
------------- “Mulligan said he ... doesn’t believe they necessarily make the return on investment necessary to keep funding them.” …The Middletown Journal, January 30, 2012 |
Replies:
Posted By: Bocephus
Date Posted: Aug 29 2011 at 6:58am
More goodness coming from obamacare wasn't it nancy pelosi that said that they have to pass the healthcare bill se we can see whats in it? What a bunch of fruit cakes and very slick to make it take effect till after 2012,and oh yea if you belong to a union you will probaby be able to opt.out of this new tax.
 I hope this isn't true and if it is true that people remember who cramed obama care down our throats when voting in 2012. |
Mike_Presta wrote:Posted By: middletownscouter
Date Posted: Aug 29 2011 at 8:37am
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And Snopes delivers the truth: http://www.snopes.com/politics/taxes/realestate.asp - http://www.snopes.com/politics/taxes/realestate.asp
It's 3.8% tax on all capital gains (real estate or otherwise) over $250k per individual or $500k per couple. For most folks who don't deal with capital gains on their taxes, it would probably only relate to selling your home. But since you'd have to sell your home for a profit of MORE than $250k/$500k (individual/couple), it will probably never apply to anyone living in our fair city...at least not for a long time. |
Posted By: Marlayne Skeens
Date Posted: Oct 18 2011 at 9:27pm
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Boy, Have I been away from MiddletownUSA that long? Mike I'm sorry that I didn't respond sooner ~ The Snopes.com has the scoop on the Healthcare Program ~ This is a Program that should never be in a bill like this !!!!!
* Most will never have to pay !!!!!! ------------- I offer Professional, Ethical Service and a Smile, while Following The Golden Rule ~ Thank You :-) *For ALL Your Real Estate Needs Call Marlayne with Real Living Realty Services @ 513-465-6747 |