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Federal Sales Tax on All Real Estate Transactions in 2013 is an Urban Legend

It's a myth ... there is no federal sales tax on home sales
An Internet rumor continues to spread false information about a supposed tax on home sales. The erroneous e-mail claims that a provision of the healthcare reform bill passed earlier this year will place a tax on "all real estate transactions" in 2013. Not true.

The e-mail includes a guest editorial in a Spokane newspaper with the false claim. It doesn't, however, mention the corrected information sent to the newspaper the next day from the local association of REALTORS®.

To learn more about this myth, here's the link to

Ruth Ann Manison

Ruth Ann on Real Estate

Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

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I am the Broker/Owner of Prince Properties, LLC, a small, independent brokerage which caters to referred clients. We believe people prefer to work with professionals who come highly recommended by their friends and family. ...

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