Buying or Selling a Home

Top Ten Things You Need to Know About the 3.8% Tax

With the election coming soon, there will be a lot of miscommunication. One item that is floating around is the 3.8% sales tax on selling a home which is tied to the Health Care Reform Act. This tax may go into affect in 2013. This tax is confusing and only affects about 2% of the population.

Read the document below created by the National Association of Realtors. Also check out the video on the bottom created by the Washington Realtors Association.