Real Estate tax implications of the Health Care for America Plan (Obama Care)
Effective January 1st 2013, as part of the Health Care for America Plan, otherwise known as Obama Care, there will be an 3.8% tax on some types of investment income. I have posted a brochure from the National Association of Realtors to this blog that will explain through examples, some of the new changes. This will allow you to see how some of the funding for the Health Care for America Plan will be implemented. Feel free to contact me with any questions.