Investing in Real Estate - Creative Opportunities Message Board

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Non-Tech : Investing in Real Estate - Creative Opportunities

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John Pitera

To: John Vosilla who wrote (2600)	10/9/2017 11:09:07 AM
From: Riskmgmt	1 Recommendation Read Replies (2) of 2722

Hi John, It’s time to open a discussion on the proposed tax changes and their effect on property values. The preferential tax treatment real estate has enjoyed over the years has accounted for much on it’s appeal over other investment classes. In States like Florida where the property taxes can be as high as 2 1/2% the elimination of this as a deduction on the home could have a dampening effect on the desirability of ownership and hence values. Likewise the elimination or lowering of the mortgage interest deduction allowed. I assume that any caps will not effect rental properties as they will still be business deductions? But I’d like some input from CPA,s on this, see my previous post. R

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