Categories: Market Reports

3.8 Tax on Homes Sales | OC Short Sales RE Agent

Description of Obamacare 3.8% tax on Home Sales

The new 3.8 tax on home sales can be confusing to many since the details on Obamacare are just surfacing. Jesse Madison is a real estate broker in Orange County, CA and is not a CPA or attorney. Please consult your accountant regarding all real estate tax issues and all taxes pertaining to the new Obamacare  law.

3.8 tax on home sales

However, the California Association of Realtors (CAR) has provided us with their analysis of the 3.8 tax on home sales: See the video above.

What’s True, What’s Not

Jesse Madison

Real Estate Broker at One Point Plus Real Estate CDPE, Certified Distressed Property Expert SFR® Certified, Short Sales and Foreclosure Resource SRES Certified Senior Specialist Bilingual REO/ Short Sale Listing Specialist | Se Habla Espanol One Point Plus Real Estate, Broker Lic. # 01366391 Direct (949) 306-8416 Fax (951) 616-2015 Orange County: 30012 Ivy Glenn, Ste 200 Laguna Niguel, CA 92677 www.OnePointPlusRealEstate.com Certified HAFA Specialist CDPE, Certified Distressed Property Expert Accredited REO Agent™ Certified MBE, NAHREP, CREOBA, LionsGate Certified, Five Star Professional Designee, CCIM Candidate, NVSI Certified National Minority Supplier Development Council (NMSDC) member.

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