Friday, August 6, 2010

No Federal Sales Tax on Home Sales

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.

Source: Texas Association of REALTORS

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