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[...] the video The 3.8% Tax Is Not a Real Estate Transfer Tax, NAR Director of Tax Policy Linda Goold explains the 3.8% tax and provides [...]
[...] NAR video > FAQs > Download a comprehensive brochure > President’s Podcast > [...]
[...] added to the package just hours before the final vote and without review. NAR strongly opposed the tax at the time, and remains hopeful that it will not go into effect. The tax will no doubt be debated during the [...]
[...] Video with Linda Goold, NAR director of tax policy [...]
Good information on video….might want to use mic’s in the future though. It will definitely improve sound quality.
Eric, I appreciate your observation about the audio. We used a boom mic that’s about three feet from the speakers, just out of camera range, and on my computer the audio is great. I can hear it clearly from my external computer speaker on just the first volume notch. On the third volume notch (out of 16 maximum) it’s really loud. So, at least on my computer, I’m not hearing the audio issues. But I’ll see if it’s an issue for other people. Thanks.
Am I correct in saying that this is a non-real estate tax on some real estate transactions or would it be better to say that there are some real estate transactions that may be subject to a non-real estate tax?
It would probably be most accurate to say it’s a tax on investment income that could include a small percentage of home sales among some high-income households. Thanks for your question.
[...] on the Internet and in e-mails that the law contains a 3.8 percent tax on real estate. NAR quickly released material to show that the tax doesn’t target real estate and will in fact affect very few home sales, [...]
[...] on the Internet and in e-mails that the law contains a 3.8 percent tax on real estate. NAR quickly released material to show that the tax doesn’t target real estate and will in fact affect very few home sales, [...]
[...] NAR explains the tax and offers these examples: [...]
[...] on the Internet and in e-mails that the law contains a 3.8 percent tax on real estate. NAR quickly released material to show that the tax doesn’t target real estate and will in fact affect very few home sales, [...]
[...] on the Internet and in e-mails that the law contains a 3.8 percent tax on real estate. NAR quickly released material to show that the tax doesn’t target real estate and will in fact affect very few home sales, [...]
[...] on the Internet and in e-mails that the law contains a 3.8 percent tax on real estate. NAR quickly released material to show that the tax doesn’t target real estate and will in fact affect very few home sales, [...]
[...] on the Internet and in e-mails that the law contains a 3.8 percent tax on real estate. NAR quickly released material to show that the tax doesn’t target real estate and will in fact affect very few home sales, [...]
[...] To finish reading the remainder of the article, please click here. [...]
[...] on the Internet and in e-mails that the law contains a 3.8 percent tax on real estate. NAR quickly released material to show that the tax doesn’t target real estate and will in fact affect very few home sales, [...]
[...] on the Internet and in e-mails that the law contains a 3.8 percent tax on real estate. NAR quickly released material to show that the tax doesn’t target real estate and will in fact affect very few home sales, [...]
[...] on the Internet and in e-mails that the law contains a 3.8 percent tax on real estate. NAR quickly released material to show that the tax doesn’t target real estate and will in fact affect very few home sales, [...]
[...] that the law contains a 3.8% tax on real estate. The National Association of Realtors® (NAR) quickly released material to show that the tax doesn’t target real estate and will in fact affect very few home sales, [...]
[...] on the Internet and in e-mails that the law contains a 3.8 percent tax on real estate. NAR quickly released material to show that the tax doesn’t target real estate and will in fact affect very few home sales, [...]
[...] on the Internet and in e-mails that the law contains a 3.8 percent tax on real estate. NAR quickly released material to show that the tax doesn’t target real estate and will in fact affect very few home sales, [...]
[...] on the Internet and in e-mails that the law contains a 3.8 percent tax on real estate. NAR quickly released material to show that the tax doesn’t target real estate and will in fact affect very few home [...]
[...] on the Internet and in e-mails that the law contains a 3.8 percent tax on real estate. NAR quickly released material to show that the tax doesn’t target real estate and will in fact affect very few home [...]
[...] on the Internet and in e-mails that the law contains a 3.8 percent tax on real estate. NAR quickly released materialto show that the tax doesn’t target real estate and will in fact affect very few home sales, [...]
[...] on the Internet and in e-mails that the law contains a 3.8 percent tax on real estate. NAR quickly released material to show that the tax doesn’t target real estate and will in fact affect very few home sales, [...]
[...] Obama's health care and Medicare plans. To watch a video on the explanation of the 3.8 percent tax, please click here.For information about your personal plans to sell real estate, please contact me. I will provide a [...]
Bottom Line: If you purchased your home wisely in the New York area and it has appreciated more than $500,000, you WILL pay a tax on the appreciation. This will impact MANY homes in communities near New York City (NY, NJ and CT) and other home markets where even starter homes are priced in the $600-700 thousand range. Of course the real estate associations want to minimize that impact to reduce potentially chilling the markets that they serve. Good luck!
[...] For more details see:NAR 3.8% Tax Brochure 3.8% Tax is Not a Transfer Tax on Real EstateSpeaking of Real Estate blogs I would be honored to help you with your real estate needs and happy to explain tax benefits [...]