Have you heard the rumors of the alleged real estate sales tax, supposedly part of the new health care bill? Word on the street is the new tax will make all real estate transaction subject to a 3.8% sales tax.
Rest assured, this rumor is NOT TRUE! The health care legislation does contain a variety of new taxes and one of them can be influenced under certain circumstances by a sale of real estate. But it's pretty complicated and unlikely to affect most real estate transactions.
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Follow a real estate agent in action! Being a Howard Hanna associate on Cleveland's east side is exciting...every day I'm learning new things, seeing great properties, and meeting interesting people who need my help. Find out how my 20 years of marketing helps me get houses SOLD! Hope you'll come along for the ride!
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- Mary Frances
- I am a mom, a wife, a friend, a volunteer and real estate agent.