How Trump’s new tax law affects homeowners in major cities at every income level from $83,000 to $336,000 a year
|03/13/2018||Posted by BusinessMediaguide.Com under General World News||
- President Donald Trump signed the Republican tax bill into law in December 2017.
- The new tax law changes the mortgage interest and property tax deduction, potentially making homeownership less attractive in the long run.
- Homeowners in expensive coastal cities will likely see the biggest loss of tax deductions, according to one housing economist’s projections.