Real estate sales and the Affordable Care Act

 It recently came to my attention there is some mis-information floating around the web incorrectly saying the affordable care act will result in a real estate sales tax of 3.8% on all real estate transactions.

This is a myth.  The 3.8% tax only affects (1) Families with a combined income over $250,000 per year AND (2) Real estate sales resulting in a capital gain in access of $500,000.  The tax would only be levied on any gain in excess of $500,000.  This tax would apply to an exceedingly small percentage of all real estate sales.

Here are some photo's taken on this beautiful Bokeelia morning, biking around Bokeelia, I saw the harvest moon setting, kayakers in Pine Island Sound, redfish tailing in Charlotte Harbor, and bald eagles nesting near Soaring Eagle Nursery in Bokeelia.