Loudoun County Real Estate
Americans’ earnings, generally, have gotten a lift on payday as a result of the Tax Cuts and Jobs Act. With cuts come more discretionary spending—and, although there are changes to homeowner incentives, almost $40 billion of it is going into the housing market, according to a new report by Zillow. “Despite new limits to two […]
The post Zillow: $40 Billion to Flood Into Housing Market, Even as Homeowner Incentives Limited appeared first on RISMedia.
Just a few days shy from the 2018 tax deadline on April 17, and controversy surrounding the new tax law—the Tax Cuts and Jobs Act—is leaving multitudes of homeowners uncertain about whether they should claim their prepaid property tax deductions. The new law imposes a $10,000 cap on state and local tax write-offs (previously unlimited) […]
The post Prepaid Property Tax Debate Undecided appeared first on RISMedia.
In the run-up to (and since) the passage of the Tax Cuts and Jobs Act, analysts have considered the implications of the legislation in real estate. Now, experts are exploring its impact in relocation. According to a recent report by Weichert Workforce Mobility, 89 percent of corporate mobility professionals expect either more or the same […]
The post Corporate Mobility and The Tax Cuts and Jobs Act: Study appeared first on RISMedia.
This year’s tax season is bringing to light taxpayer confusion surrounding The Tax Cuts and Jobs Act of 2017, which could impact homeowners in next year’s tax filing. The IRS is taking steps to clarify what the new provisions mean for the real estate industry and homeowners. One of the most misunderstood provisions in the […]
The post IRS Clarifies Home Equity Loan Tax Deductions Under New Law appeared first on RISMedia.
Buyer demand has continued to remain high despite bustling home prices, low inventory and the recently passed tax reform. So what would drive down demand? According to Redfin’s latest survey, not much …
A surge in migration from expensive, high-tax cities like San Francisco, New York and Los Angeles has benefited more affordable metros, such as Sacramento …
Although the Trump tax plan, known as the “Tax Cuts and Jobs Act,” was promoted as a tax cut for the middle class, the major benefits go to corporations, entrepreneurs and real estate investors …
The National Association of Realtors (NAR) Pending Home Sales Index (PHSI), a forward-looking indicator that tracks home sales in which a contract is signed but the sale has not yet closed, increased 0.5 percent in the month of December to 110.1 from an upwardly revised 109.6 in November …
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