A lot of confusion remains about tax deductions for home equity loans under the new tax law. Learn more by clicking HERE. Source: https://www.irs.gov/newsroom/interest-on-home-equity-loans-often-still-deductible-under-new-law
With the new tax law in effect, the National Association of Realtors (NAR) has released estimates on how home prices will trend in 2018 for each state. NAR considered the following four factors as driving forces of the housing market in 2018: Current housing market conditions and momentum New tax law impact Interest rate effect Employment … More Tax Reform Impact & Home Price Outlook for 2018
The information below was provided courtesy of the Suburban West Realtors Alliance: County taxes in Chester, Delaware, and Montgomery will remain the same in 2018. Chester County – The Chester County commissioners have adopted the 2018 general budget, which contains $526.1 million in expenses and revenues. The budget maintains the county’s current real estate tax rate … More 2018 – No change in County Taxes in Chester, Delaware & Montgomery Counties
The “jury is still out” on the impact of the new tax bill, but this is an interesting read … CLICK HERE to read the article #taxcuts #luxuryhomes #suefitzgeraldfinehomes #suefitzgerald #homesales
Below is an excerpt from comments by Larry Flick, Chairman and Chief Executive Officer of BHHS Fox & Roach | Trident Group, with his perspective on the New Tax Cuts and Job Act: ———————————————— Now that the Tax Cuts and Job Act has been signed into law, many (of us) wonder what effect, if any, … More The 2017 Tax Cuts and Jobs Act – How Will it Impact the Real Estate Market?