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Category: Summit County Condos for Sale

Is the New Medicare Tax a Real Estate Tax? Not Exactly.

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There is some confusion over the Medicare tax associated with the Patient Protection Affordable Care Act (PPACA), also known informally as “Obamacare.” As of January, 2013, the law requires a tax of 3.8% on unearned “Net Investment Income,” which includes the sale of a residence as well as some, but not all, income from interest, […]

Summit County Real Estate Outlook

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So far, 2012 is looking a lot like 2011 in terms of the Summit County real estate market, with prices remaining about where they were at the end of last year. There are currently 1,172 residential properties for sale in Summit County–about 139 fewer than last year. The availability of properties, combined with low mortgage […]