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Taxes

Home Ownership Tax Incentives Are Changing

Home Ownership Tax Incentives Are Changing

Tax reform has been on everyone’s mind of late, and the political noise and rhetoric has stirred up uncertainty in residential real estate markets, creating tension and highlighting hesitancy.

Home Ownership Tax Incentives Are Being Challenged

Home Ownership Tax Incentives Are Being Challenged

A heated bipartisan debate began earlier this month in the House and Senate over proposed changes to the Federal tax code. While it’s too soon to predict exactly how a revised structure will play out, tax incentives for homeownership are in jeopardy. How will reducing and maybe even eliminating tax benefits for owning a home affect our housing market?