Recently there has been speculation that there is now a Medicare tax on home sales as part of the new federal health care bill. That is not true! According to the language in the law, as explained in this FactCheck.org article, the Medicare tax would be assessed only on proceeds from the sale of … [Read more...]
Previous refis increase sellers’ tax obligations
This article by Bernice Ross from Inman News highlights important information if you are considering a short sale. I did not condense it because the original content is excellent. This article pertains to real estate in Cincinnati and around the country. DEAR BERNICE: We are upside down and are … [Read more...]
