Health care reform and real estate sales taxes

Does the health care reform law impose a new real estate sales tax? That's the rumor floating around cyberspace, writes Emily Vivian in the latest ISBA Real Property newsletter. The answer: while the law doesn't impose a direct tax on real estate sales, "for certain individuals, it imposes a new 3.8 percent Medicare tax on 'net investment income,' which might result from a real estate sale," Vivian writes. Read her article and find out more.