How The 3.8% Investment Tax Impacts You
Easy to understand report filled with examples
Since January 1, 2013, a new 3.8% tax on investment income has taken effect. Since this new tax will affect some real estate transactions, it is important for potential home sellers to clearly understand the tax and how it may impact your sale proceeds.
In this clear report you'll learn:
- How the tax impacts people with incomes above and below $250,000
- Specifically which real estate transactions will be affected
- How the tax impacts the sale of a primary residence differently than an investment property
- Specific examples to help walk you through seven different scenarios
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"After months and months of searching with various real estate agents, I found my home with the help of Charlesgate Realty Group. Right when I walked through the doors, I felt like family in a way that Charlesgate Realty just knew what type of home that would best suit me. With all those other real estate agents, I had felt uneasy, not cared for and just another commission. Charlesgate Realty extended themselves to great distances with their friendly personalities, expertise, and knowledge. I was able to quickly find the perfect home. THANK YOU!!." Kay C .
"My wife and I had a great experience with Charlesgate Realty. We were in the market to buy a condo in Boston, and we had some idea as to what we were looking for, but our agent was incredibly helpful to us throughout the process. She listened carefully, helped us to clarify our goals, advocated for US at every step, brainstormed, problem-solved, and stayed utterly positive -- even when doing so was difficult. We found a great place -- thanks to Sarah -- and we’ve also engaged Charlesgate as property managers, so confident were we in their ability to protect not just our investment, but our future home. Everone we met at CR has been polite, professional, and skilled at serving our needs. We would recommend Charlesgate to anyone looking to buy or rent in the Boston area." Rick H.