Housing News May 3, 2018

Tax Reform 2018

Now that the 20 17 tax deadline has come and gone it is time to think about how the new tax reform of 2018 might affect you next year. A few notable items are the limited mortgage interest rate deduction capped at $750,000, limited property tax deduction capped at $10,000 and moving expenses can only be written off by members of the armed services. Read the full article here and take notes, so you are prepared for next year’s tax season.