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No, that is an internet myth, and there is no truth to it. The National Association of Realtors has also noted that this is a myth; the vast majority of home sales are in no way affected by the Affordable Care Act. On the other hand, there is a small tax increase (3.8%) on investment income. It is not a sales tax, and only applies to certain people with the highest incomes, and certain transactions over $500,000. I enclose a link to a good explanation of it; most objective estimates say it will have no effect on 98% of Americans.
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∙ 11y ago
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If you add a patio to your home will it raise property taxes?
If it increases the value of your home, yes. If not, no.
Do you charge taxes on your internet sales?
Only in your home state or in any state in which you are deemed to be "doing business', such as where you own a warehouse for fulfilling sales.
Do you have to pay sales taxes when you buy a used mobile home?
In Canada you do. -If you are in US,consult your local realtors for this answer.
Do you have to pay sales tax when purchasing a used older mobile home in Florida to leave on a lot in Florida?
Unless you pay the mobile home in one shot, you may be assessed sales and other miscellaneous taxes. Most times, however, the only taxes that are assesses are lot or property fees.
Do property taxes changes when home value decreases?
No. Property taxes do not change when home value decreases. You need to go to the tax collectors office or equivalent and have the value of your property assessment decreased. The government is quick to raise it. The government is in no hurry to decrease it and have you pay lower taxes.
What state has an 8 percent sales tax on food?
I do not think think that you will find any state that would have a 8% sales tax on food that you take home to prepare yourself. Combining the state sales and local sales taxes could be a different story.
Do you pay sales tax on a used mobile home in Pennsylvania?
If you buy a used mobile home from the owner, the lender financing the home with a mortgage or personal property loan normally sees that the sales taxes are paid. However, if you are paying cash for the mobile home instead of financing the purchase, you are responsible for paying sales tax when ownership of the mobile home is transferred to your name. Usually, sales tax is assessed and collected when you register the home with the motor vehicle agency inyour state.
Can you buy a used car in one state and pay sales tax in your home state?
Yes, you pay the taxes in the state you title the car in.
Do you have to pay a new car sales tax in the state you purchase the car and then again in your home state?
you only pay taxes in the state the car is registered.
If 36 home sales 12 percent of what number of home sales?
12% of 36 = 4.32 home sales
How could you raise money for a residential home?
Cake sales, tombolas, donations, cream teas, raffles, open days and selling old equipment what else ????
Do you have to pay Texas tax on a motor home if you are an Oregon resident?
If you buy it in Texas then you will be liable for sales tax. Otherwise no other taxes should be levied against you.
