Is Trump’s tax plan good for homeowners? Nope, says NAR

Source: Is Trump’s tax plan good for homeowners? Nope, says NAR

 

A few of the targeted tax incentives currently in place that help people achieve the dream of homeownership — besides the mortgage interest deduction — include:

  • State and local tax deductions, which “make homeownership more affordable,” according to Brown
  • 1031 like-kind exchanges, which “help investors keep inventory on the market and money flowing to local communities”
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