Tuesday 9 May 2017

Which homeowners stand to benefit from Trump’s tax plan?

Which homeowners stand to benefit from Trump’s tax plan?

Which Homeowners Stand To Benefit From Trump's Tax Plan?

When President Trump announced his tax plan, I was eager to dig into the numbers to see how his proposal would impact homeownership, especially because NAR came out against it. How useful is the mortgage interest deduction to homeowners, and if taxpayers are bringing home more money, can that really be a bad thing? The key provisions in Trump’s proposed tax plan that apply to real estate include: Reducing the number of tax brackets from seven to ...



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