While comprehensive detail and explanations are not yet available about the new Federal tax legislation we all know that there will be specific impacts on Real Estate. The law was passed so quickly that plenty of details will wind up resolved during this year.
However, I wanted to share a very clear overview and summary of how the legislation impacts Real Estate. Greg Logan is a principal with the Robert Charles Lessor consulting company. I know him and have high regard for his professional knowledge of Real Estate. The article is 4 pages long so I am attaching a link for you to find it. It is very valuable information including considerations of various impacts this legislation will have on housing in areas with high home prices and possible changes in home ownership trends now that historical deductibility of real estate taxes has changed.