NEW ACA (Obamacare Tax) For High End Homes.

New Home Sale Tax

If you are single with an adjusted gross income of $200,000 or file jointly with an income of $250,000 or more, you may be impacted. Once you sell your home, any profits over the first $500,000 are already subject to a capital gains tax. And now those profits will have an additional 3.8% tax to fund ACA (Obamacare).

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