Did you know if you sell your home after 2012 you will pay a 3.8% sales tax on the sale of your home? 

This is a common email forward going around today. Email first and ask questions later. That seems to be how this subject is being addressed. Is this true? False? Somewhere in between? Everyone seems to have their opinion. A debate isn’t going to spell out the truth about this rumored 3.8% sales tax on home sales.

So, what is the truth? [Read more…]