how_obamacare_will_destroy_real_estate_investors

Will ObamaCare Destroy Real Estate Investors?

 Will ObamaCare destroy real estate investors?Beginning January 1, 2013, a 3.8% Medicare tax will be levied on unearned income on ObamaCare's definition of the wealthy ($200,000+ single filers & $250,000 for joint filers). This tax could apply to the proceeds from the sale of single family homes, townhouses, co-ops, condominiums, and even rental income. For many successful real estate investors, ObamaCare may have a significant effect on their bottom line. The National Association … [Read more...]