The New Real Estate Tax and How it Affects YOU August 2, 2012 // Market Updates // christinalow // AGP cap, gross income, income, investment income, livelihood, medicare tax, multifamily real estate and exchanges, real estate and exchanges, Real Estate Tax, rental income, tax // 1 Comment Effective January 1, 2013, Uncle Sam may have an extra bill for you to pay. Do you have adjusted gross income (AGI) that exceeds $200,000 ($250,000 as a couple filing a joint return)? If you… Continue… Can I exchange my vacation home July 15, 2012 // Market Updates // christinalow // exchange., investment property, IRS, property, rental income, replacement property, tax, vacation home // Comments Off on Can I exchange my vacation home Interested in exchanging your vacation home for another closer to home? Well, it may not be as simple as you think. A lot of tax payers are unclear on what the IRS rules are for… Continue…