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Learning, Sharing, and Teaching => Real Estate and Landlording => Topic started by: mousebandit on December 20, 2017, 01:55:26 PM

Title: Very good breakdown of tax bill with specifics for real estate
Post by: mousebandit on December 20, 2017, 01:55:26 PM

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

Title: Re: Very good breakdown of tax bill with specifics for real estate
Post by: SeattleCPA on December 20, 2017, 09:14:04 PM

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