The IRS issued new regulations that show how your rental property can escape the new 3.8 percent Obamacare tax.
This article gives you what you need to know to make your escape. But first, let’s remember what this new tax is.
The New Tax
Lawmakers installed the new 3.8 percent tax for tax years beginning in 2013. The three escapes in this article apply not only to last year but also this year and future years.
Are you subject to the new tax? If your income is above the thresholds explained in Five Strategies to Avoid the New 3.8 Percent Obamacare Tax, you face this ... Log in to view full article.