New Medicare tax creates incentive for home sales

Real Estate Tax Talk

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

The Patient Protection And Affordable Care Act ("Obamacare") will affect everyone in the United States one way or another. But some people will be affected more than others. Among these are high income taxpayers. Starting in 2013, they will be subject to a brand new Medicare tax on their "unearned income."

Who Is Subject to the Tax?