Real Estate Tax Changes | A Look At New Tax Laws
With all the confusion regarding real estate tax changes and new tax law ( The Tax Cuts and Jobs Act), I wanted to list some of the ways the new laws will affect us with regards to real estate tax changes. These individual provisions are generally effective after December 31, 2017 for the 2018 tax filing year and expire on December 31, 2025.*Not all are real estate tax changes but are worth noting for most taxpayers as they will affect your bottom line. REAL ESTATE TAX CHANGES CAPITAL GAINS With regards to exclusion of gain on the sale of a […]