Price Trend in California as a consequence of the new tax bill
Kevin LefeuvrePoster
#3 Coronavirus Conversation Contributor
#3 Coronavirus Conversation Contributor
- Los Angeles, CA
The new tax bill limits state and property tax deductions to $10,000 and mortgage interest deduction on mortgages down to $750,000. This could negatively impact appreciation of RE in California.
1) How is this impacting your strategy?
2) Are you adjusting your portfolio? If so, how?