Home Ownership in the Post-Tax Cuts and Jobs Act Era
In his Tax Tips column, Sidney Kess writes: The Tax Cuts and Jobs Act (TCJA), combined with rising mortgage rates, could impact homeowners. For now, prospective buyers and homeowners need to contend with what has and hasn't changed with respect to tax breaks for homeownership as a result of this tax legislation.
June 18, 2018 at 12:29 PM
1 minute read
|
Buying a Home
Mortgage interest deduction. Mortgage insurance. |
Maintaining a Home
Home equity loans. Property taxes. Casualty and theft losses. Energy improvements. |
Selling a Home
Debt forgiveness. Homebuyer credit repayment. |
Conclusion
Sidney Kess , CPA-attorney, is of counsel at Kostelanetz & Fink and senior consultant to Citrin Cooperman & Co.
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