“Owning property has advantages and disadvantages – and certainly many of the issues are tax related. There are three important residential real estate taxation changes that last year’s tax reform impact. They include: mortgage interest deductions, property tax deductions, and capital gains tax exclusions” writes Mr. Wainscoat, a CPA, for Personal Capital Corporation.
Make sure to educate yourself on the possible tax consequences and benefits of your next home investment. Read the full article by clicking the link below: