A new 3.8 percent tax on some investment income - part1

There have been several emails sent out over the past few months that provided inaccurate information about the upcoming 3.8% Health Care Capital Gain Tax. Although many people may not be affected, many will. The National Association of Realtors has provided us with a brochure that may answer many questions you may have regarding the upcoming 3.8% Tax. read below....

To my neighbor's Diego and Orange county homeowners, and all the other homeowners in the U.S.A,

beginning January 1, 2013,

A new 3.8 percent tax on some investment income will take effect. 

Since this new tax will affect some real estate transactions, it is important for buyers and sellers 

to clearly understand the tax and how it could impact your decisions. 

It’s a complicated tax, so you won’t be able to predict how it will affect every buyer or seller.

Understand that this tax WILL NOT be imposed on all real estate transactions,

a common misconception.  Rather, when the legislation becomes effective in 2013,

it may impose a 3.8% tax on some (but not all) income from interest, dividends,

rents (less expenses) and capital gains (less capital losses). The tax will fall only

on individuals with an adjusted gross income (AGI) above $200,000 and couples

filing a joint return with more than $250,000 AGI.

To get you up to speed about this new tax legislation, the NATIONAL

ASSOCIATION OF REALTORS® has developed an informational brochure.

Please call or email me for your own copy.

On the following pages, you’ll read examples of different scenarios in which

this new tax — passed by Congress in 2010 with the intent of generating

an estimated $210 billion to help fund President Barack Obama’s health care

and Medicare overhaul plans — could be relevant to your buying and selling decisions.

Thank you for reading,
Sincerely,

Angélique Kenney

Realtor® for Professional Athletes, CRS, GRI, e-Pro, SFR, ILHM member, SSR.

Prudential California Realty & SportStar Relocation San Diego 7030 Avenida Encinas | Suite 100 | Carlsbad, CA, 92011 | USA C/Text 760.282.HOME (4663) | F 866.422.0641 E angeliquekenney@gmail.com

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I DID IT AGAIN - NEW LISTING... Golf course, the beach, cul de sac, 4 bedrooms, it's perfect!

For those of you who braved 'Black Friday' the housing market is still having their sale on homes.  Prices are starting to rise so take advantage of living in beautiful San Diego, especially The Fairways, a beautiful golfing community in La Costa, Carlsbad, Ca!  Golf course, the beach, cul de sac, 4 bedrooms, 3 car garage, it's perfect!   VIDEO: http://3212sitiorosalia.view24hours.com To see photos, panoramic photos, virtual tour, video and more! WEBSITE: http://www.youtube.com/watch?v=crp4_3BfCGA&feature=plcp The one you have been waiting for, your Black Friday special! This home is nestled on a private street in the desirable Fairways at La Costa, a gated community just above the golf course at the world-famous La Costa Resort and Spa and a few miles from the beach. Steps from the park, off a cul-de-sac, fully landscaped & with a huge clean garage ready for all your toys, low HOA and NO MELLOS ROOS... Sincerely, Angélique Kenney Realtor® for Professional Athletes, CRS, GRI, e-Pro, SFR, ILHM member, SSR. Prudential California Realty & SportStar Relocation San Diego 7030 Avenida Encinas | Suite 100 | Carlsbad, CA, 92011 | USA C/Text 760.282.HOME (4663) | F 866.422.0641 E angeliquekenney@gmail.com Visit my site for a FREE (MLS) home search at http://SDandOChomes.com Access unlimited home listings Get email alerts for new homes Save search criteria and listings Track neighborhood price trends Follow me online or just learn more"about me": Facebook RE Ι Facebook Sport ★ Ι Twitter Ι LinkedIn Ι Yelp Ι Active Rain Ι YouTube Ι Blog  Thank you for nominating me in the top 10 out of 6,000+ agents for the 2012's SAN DIEGO'S BEST REAL ESTATE AGENT! My husband made the cut for his Cabinetry company as well with Blackwood Designs.    *2011 PRUDENTIAL HONOR SOCIETY AWARD WINNER* International Properties | Luxury Estates Certified | Corporate, Athletes & Military Relocation Specialist  | Fluent in French | CA DRE#01846783, ID, HI Pure Water Gear - Portable Water Filtration

Today's San Diego Real Estate news update week of November 12st 2012

My new video update: Today's San Diego Real Estate news update week of November 12st 2012: http://youtu.be/-KtXBoQw1mY @youtube, Suscribe, share, comment!