Tax Information

Impact of the 2018 Tax Laws on Real Estate Owners

The focus of this article, written by Lynne Bagby of Asset Preservation, Inc. and published with permission, is to provide an overview of the new tax law, formally referred to as “The Tax Cuts and Jobs Act”, and the impact on both residential property owners as well as investment property owners throughout the New England states and the rest of the country. The scope of this overview focuses on real estate-related tax law changes and generally does not delve into tax issues not associated with real estate.