The 2017 Tax Reform: A Real Estate Eye on the Tax Guy

Most experts agree that the 2017 Tax Cuts and Jobs Act will not, in and of itself, have a significant effect on the national real estate market as a whole. Ralph McLaughlin, chief economist at Trulia expects that “the fundamental financial benefit(s) of buying a house compared to renting one doesn’t change enough to make renting a better option.” But, Trulia also found in its 2017 survey, that Long Island, New York boasts the highest property tax rates in the country.

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