Realty by JoElla (of Better Properties Brokerage) Announcement: I have accepted a Realty Specialist position with the Dept. of Veterans Affairs which required me to inactivate my real estate broker license to avoid conflicts of interest. This is a bitter sweet move, because I love shopping for real estate for my clients, but this new opportunity was too great to pass up! I want to thank all my clients for trusting me to help them attain their home ownership dreams!!!
I am happy to announce that Creative Business Services by joella now specializes in internet marketing for Real Estate Professionals and Social Network Consulting.
Have you heard the rumor that a new real estate sales tax was created to help fund the health care plan targeting high wage earners?
Turns out this rumor has just enough truth in it to create chaos. Reality is the majority of people won’t be effected by it, including some high wage earners.
The new “Medicare tax” will affect real estate sellers who would already be taxed on capital gains under current tax laws. It adds to the current capital gains tax IF your adjusted gross income is over $200,000 / $250,000 (filing individually or jointly). If you sell your primary residence, you still have your existing capital gains tax exemption. (So far they haven’t taken that away from us.) For those selling second homes and investment properties, the tax will only be applied to the amount of gain realized.
Click here to read The National Association of Realtors FAQ on this rumor.
Ever wonder where the best place is to have your business?
Consider moving your business to Vancouver, WA!
Check out Forbes special report dated Sep. 23, 2009. Below are the top 10 states reported by Forbes.
#2 Washington!!! Consider Commercial Business Opportunities in Clark County, WA!
#5 North Carolina
#7 North Dakota