Home   |   Contact Us   |   Sign In   |   Join
News & Press: Open News

How the Tax-Cut Bills Could Affect Homeownership

Wednesday, December 13, 2017   (0 Comments)
Share |
If you’re living in a high-tax area, the Senate and House bills hit you in several ways. Both limit the deduction of state and local taxes to $10,000 in property taxes. (There’s talk of letting taxpayers have the choice of applying that $10,000 exclusion to either income or property taxes.) If you itemize, as 30 percent of Americans do, you could lose a significant portion of your deductions. [more]

Membership Software Powered by YourMembership  ::  Legal