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High-end homeowners rushing to beat 2013 tax increase?

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Editor's note: The following item is republished with permission of AOL Real Estate. See the original article: "An End to Bush-Era Tax Cuts Could Push High-End Properties Onto Market." By TEKE WIGGANSome well-heeled homeowners are reportedly scrambling to offload luxury properties by the end of the year or else risk having a serious bite taken out of their bottom lines. That's because if the Bush-era capital gains tax cuts expire in January, as they are expected to, those homeowners would be shelling out a lot more on sales. Patty Lance, a Realtor at Coldwell Banker Previews International who handles listings in Newport Beach, Calif., said there's such a rush to sell among silver spooners that she's decided to target them by hosting webinars on the tax hike's effect on home sales."Sophisticated investors are looking at this, saying, 'Maybe we need to focus on this right now and time it with the market heating up,'" she said in explaining the reason for her Web sem...