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...]
You are here: Home / Archives for real estate investing community
Will ObamaCare Destroy Real Estate Investors?
Filed Under: Blog Tagged With: a real estate, federal insurance contributions act tax, finance, health care reform bill, income tax, income tax in the united states, investment real estate, irs tax forms, medicare, negative gearing, real estate, Real Estate Investing, real estate investing community, real estate investors, real estate owner, social issues, successful real estate, tax, taxation, taxation in australia, taxation in the united states, the real estate
Get a copy of my best selling book ($9.97 on Amazon.com) and an investor training video series FREE!


