Posts Tagged ‘gop’
Everything You Needed To Know About The Changing Tax Code
As you all know we have a number of issues sitting before the House of Representatives and Senate. While we like to poke fun at our politicians for a number of reasons, today Bobbi and Buddy turn their attention to the National Association of Realtors and the California Association of Realtors who work hard to…
Read MoreHow Will The New Tax Reform Affect Mortgages & Is It A Good Time To Get Out Of That Rental And Buy?
One of the biggest issues in the new tax proposal regarding real estate affects your ability to deduct interest from your mortgage. Currently interest can be deducted on mortgages up to $1,000,000; the proposed amendment would drop that amount to $500,000. This is a big hit to Californian’s where average home prices are extremely high.…
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