There have been a lot of questions regarding the impact of the new Health Care Reform Act that goes into effect January 1, 2013 and how it will affect home sellers in Los Altos. The Act imposes a 3.8% Medicare tax on investment income which includes the disposition of real property. Here are some points to remember. Note: The content of this post is for informational purposes only. One should talk to his/her financial advisor before buying or selling one’s home.