Investment property
The effect on real estate of the new 3.8% Medicare tax
What is this transfer tax? In 2010 Congress passed a new tax to help fund the health care and Medicare overhaul plans. This is a 3.8% transfer tax on the sale of some investment income. Like most taxes, how it works and who it affects is complex and if you think you are affected you [...]
A great time to buy investment property?
Is this a good time to buy rental property? With home prices at an all time low and first-time home buyers choosing to rent instead of buy, this is a great time to venture into the world of real estate investment. Investing in real estate in today’s market has some big advantages over the stock [...]
