As you might expect, the National Association of Realtors was heavily involved in lobbying to preserve incentives and benefits for homeownership during the recent tax reform process. A recent analysis of the effects of the new bill show benefits for renters, still preserving most home ownership incentives. The doubling of the standard deduction to $12,000 […]
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The New Tax Bill and How It Will Affect Real Estate
Little tax difference between renting and owning expected for 90 percent of taxpayers