Very good breakdown of tax bill with specifics for real estate

[mousebandit]

I just got an email from NAR (National Association of Realtors).  It had a link to a very good breakdown of the tax bill, with special emphasis on how it can impact homeowners and RE professionals.  The discussion on the pass-through organizations will also apply to other consultants and self-employed and is very clear.  All in all, I am happy with the outcome, although I don't know that any of it was necessary in the first place.  Nevertheless, the changes are here. 

Here is the link: https://www.nar.realtor/taxes/tax-reform/the-tax-cuts-and-jobs-act-what-it-means-for-homeowners-and-real-estate-professionals?tp=i-H43-Bb-1Jq-1e51d-1p-GTaZ-1c-1Z75h-7FTSH&om_rid=24328777%20&Om_ntype=NARstandard&om_mid=5074

MB

[SeattleCPA]

It looks to me as if this article isn't completely up to date with the actual law that passed...