STRATEGIES TO NAVIGATE NEW TAX LAWS & REAL ESTATE

Written By Karen Evans and featured in the March Edition of International Opulence... When the new tax plan was announced this past December, many of my fellow real estate professionals had concerns about how it would affect our real estate businesses. Most feared that the reduced home mortgage interest deduction that homeowners could claim, now limited to interest on up to $750,000 of indebtedness, would limit sales of homes in the multimillions of dollars.