[AK]

OK, so it is a real tax … but it’s not like it’s the end of the world. It creates a modest tax burden for a small number of people but it doesn’t even come close to rolling back the 1997 capital gains exemption that helped fuel the housing bubble.

Plus this will apply mostly to people who’ve benefited handsomely from low property tax assessments over the years, and only if/when they sell. As a new homeowner I say tax the so-and-sos, because they’re the ones who want to take away my mortgage interest deduction to pay for their Medicare-funded power recliners.

Come on folks, this isn’t the end of the world. I can’t see this as enough to influence sales decisions one way or another …

[AK]

snopes.com declares this one “mostly false”:

http://www.snopes.com/politics/taxes/realestate.asp

The 3.8% applies to capital gains after the $500K capital gains threshold for selling a residence … I doubt that any Piggs find themselves in this enviable position … and if you do, congratulations, but you should be getting your financial advice from professionals 🙂

I’d be wary of anything that comes out of the OC Register’s editorial section. (And I used to work there.)

[AK]

snopes.com declares this one “mostly false”:

http://www.snopes.com/politics/taxes/realestate.asp

The 3.8% applies to capital gains after the $500K capital gains threshold for selling a residence … I doubt that any Piggs find themselves in this enviable position … and if you do, congratulations, but you should be getting your financial advice from professionals 🙂

I’d be wary of anything that comes out of the OC Register’s editorial section. (And I used to work there.)

[AK]

snopes.com declares this one “mostly false”:

http://www.snopes.com/politics/taxes/realestate.asp

The 3.8% applies to capital gains after the $500K capital gains threshold for selling a residence … I doubt that any Piggs find themselves in this enviable position … and if you do, congratulations, but you should be getting your financial advice from professionals 🙂

I’d be wary of anything that comes out of the OC Register’s editorial section. (And I used to work there.)

[AK]

snopes.com declares this one “mostly false”:

http://www.snopes.com/politics/taxes/realestate.asp

The 3.8% applies to capital gains after the $500K capital gains threshold for selling a residence … I doubt that any Piggs find themselves in this enviable position … and if you do, congratulations, but you should be getting your financial advice from professionals 🙂

I’d be wary of anything that comes out of the OC Register’s editorial section. (And I used to work there.)

[AK]

snopes.com declares this one “mostly false”:

http://www.snopes.com/politics/taxes/realestate.asp

The 3.8% applies to capital gains after the $500K capital gains threshold for selling a residence … I doubt that any Piggs find themselves in this enviable position … and if you do, congratulations, but you should be getting your financial advice from professionals 🙂

I’d be wary of anything that comes out of the OC Register’s editorial section. (And I used to work there.)

[AK]

I was about to recommend city-data.com but it seems you’ve already posted there 🙂

Good luck — you should have lots of great places to choose from!

[AK]

I was about to recommend city-data.com but it seems you’ve already posted there 🙂

Good luck — you should have lots of great places to choose from!

[AK]

I was about to recommend city-data.com but it seems you’ve already posted there 🙂

Good luck — you should have lots of great places to choose from!

[AK]

I was about to recommend city-data.com but it seems you’ve already posted there 🙂

Good luck — you should have lots of great places to choose from!

[AK]

I was about to recommend city-data.com but it seems you’ve already posted there 🙂

Good luck — you should have lots of great places to choose from!

[AK]

We can’t have *everyone* getting their cheap thrills by trolling on the boards … otherwise we’d look like the Yahoo! Finance forums or something. Or even Mortgage Insider (where I got uninvited by calling out Matthew Padilla himself as a troll).

[AK]

We can’t have *everyone* getting their cheap thrills by trolling on the boards … otherwise we’d look like the Yahoo! Finance forums or something. Or even Mortgage Insider (where I got uninvited by calling out Matthew Padilla himself as a troll).

[AK]

We can’t have *everyone* getting their cheap thrills by trolling on the boards … otherwise we’d look like the Yahoo! Finance forums or something. Or even Mortgage Insider (where I got uninvited by calling out Matthew Padilla himself as a troll).

[AK]

We can’t have *everyone* getting their cheap thrills by trolling on the boards … otherwise we’d look like the Yahoo! Finance forums or something. Or even Mortgage Insider (where I got uninvited by calling out Matthew Padilla himself as a troll).

[Author]

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