Well now if you are a real estate professional, the NIIT makes the question important.

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Perhaps more significantly, any gain from a sale will not be subject to NIIT.

FORBES: Can Real Estate Professionals Beat The 3.8% Obamacare Tax ?

They are generating a massive demand for high quality education of the kind NIIT has offered for years.

CNN: SOFTWARE SURGE IN INDIA

He will probably not be able to get out from paying NIIT on the income stream from that property.

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Finally, half the medicare tax is deductible against adjusted gross income in computing regular income tax, while none of the NIIT is deductible.

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If on the other hand he owns a few three-deckers and deals with the tenants himself, by jumping through the proper hoops he can avoid NIIT on the income from the housing units.

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Ward is keeping Infosys, his largest holding, and loading up on other software shares, such as NIIT, which also operates a chain of software training centers, because India is tremendously competitive in the industry and is selling into an expanding market.

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