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Tag: tax

The Truth About Obamacare’s Real Estate Sales Tax (It Doesn't Exist)

Tue Jul 3, 2012 by on Florida Law News

It didn’t take long for old rumors to resurface about President Obama’s Affordable Care Act. When “Obamacare” was first passed the blogosphere was up-in-arms that the AHA included an additional 3.8% tax on any real estate sale, and claimed, “that’s $3,800 on a $100,000 home.” There were email chains passed along that said that anyone who sold a home would […]

Thinking of Doing a Short Sale? Better Act Fast!

Thu Mar 1, 2012 by on Short Sales

It’s a great time to do a short sale. Banks have finally realized they have much more to gain by agreeing to a short sale rather than allowing a home to go through foreclosure.Data released by RealtyTrac today shows pre-foreclosure sales, which are often short sales, were up 15% in the fourth quarter of 2011. It’s easier than ever before […]