Tag

new tax law

Looming Tax Law Changes: Should Home Buyers Rush to Close in 2017?

Counting Down to December 31 December 29 At least for Buyers’ agents, the answer to the question, “should I close on my home purchase in 2017, before any new tax laws take effect?” is easy:  “consult your tax advisor.” Fortunately, agents are able to field a related question: “is it still possible to close in 2017?” Closing Hurdles Whether a 2017 close...
Read More

Term of the Day: “SALT Deductions”

Red States, Blue Cities I’ve been filing my taxes for a couple of decades now, and once upon a time was even a CPA. Still, I’d never heard the term “SALT deductions” until yesterday (it’s an acronym for “state and local tax deductions”). Wanna guess what one of the biggest bones of contention in the...
Read More

Archives