The Truth About the 3.8% Real Estate Tax (From the Health Care Reform)

Have you heard rumors over the past year or so about the 3.8% real estate tax approved through health care reform?  Yea… me too.  I’ve seen panicked emails stating that the government has imposed a 3.8% sales tax on ALL real estate transactions.  The emails say that if you sell your house for $500,000, you will have to pay $19,000 in taxes to the government ($500k x 3.8% = $19k).  I’ve seen plenty of emails without all of the facts.  They have been left wing and right wing viewpoints and sometimes no wing!  Believe me… I have seen and heard them all.  I have even had clients call and email me questioning and panicking over something they do not fully understand.  Thanks for the calls guys… I hope this blog post might help us all out a bit!

So without further adieu, find the facts here at The Truth About the 3.8% Real Estate Tax!  It’s not as scary as most are painting it, but then again, that will be subject to each persons interpretation.

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Kevin Rhodes with Keller Williams Realty ~ Dallas/Fort Worth Region

Cell: 832-233-0265

Email: krhodes@kw.com

www.RealtorRhodes.com or www.SalesInYourNeighborhood.com

Research me on Facebook HERE!

View my YouTube Channel HERE!

 

Birdville Exceeds State in All Areas of the SAT

Good morning!

Being a local Realtor, I do hear from buyers what school districts are prefered and sought after.  One that appears to struggle a bit in some of the public’s eyes is Birdville ISD.  But after reading the below information, I think one’s perception could easily be changed!

The state average composition score for the SAT on reading and mathematics is 973.  BISD as a whole beat that with their numbers hitting a score of 993!

And BISD’s 2012 ACT composite score of 21.8 was also higher than the state average!

To read more directly sourced from the Northeast Times Newspaper click HERE and look for the article at the bottom of page 5.

It might be time to take a second look at BISD.  It appears that they are on the educational fast track!

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Kevin Rhodes with Keller Williams Realty Dallas/Fort Worth

832-233-065

krhodes@kw.com

www.RealtorRhodes.com or www.SalesInYourNeighborhood.com

View my YouTube Channel HERE!

Research me on Facebook HERE!