Congress has now passed a sweeping tax bill that will affect almost every American. In addition to changing tax rates and deductions, these new rules affect a wide variety of personal and business activity.
The National Association of Realtors® has compiled a summary of provisions of interest, which may be of relevance to you.
- Major Provisions Affecting Current and Prospective Homeowners
- Major Provisions Affecting Commercial Real Estate
I hope this information is helpful as you discuss The Tax Cuts and Jobs Act’s impact with your financial advisor or legal counsel.