How Does the New Tax Bill Affect Your Real Estate Plans?
The new tax bill changes some things in the real estate market for buyers, sellers, and investors. There’s no need to panic about any of these changes, though.
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Today I’ve outlined key parts of the new tax bill that affect the real estate market.
Cited below are timestamps of points from the video above, which explain each part of the bill and how it could impact you directly. Feel free to use these timestamps so that you can skip ahead at your leisure:
1:53 - The mortgage interest deduction
12:53 - The state and property tax deduction limit
18:42 - The capital gains exclusion
20:12 - The moving expense deduction
21:06 - Depreciation deductions
22:43 - The benefits of paying the property tax in 2017
If you have any questions about any of these points, don’t hesitate to reach out to us. We’d be happy to help you.
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