The 2018 Tax Act: Impact on Bay Area Homeowners

By: Jim Walberg, staff writer for The Bay Area Team

NOTE: Contact your tax professional regarding how the 2018 Tax Act will impact your personal situation. Nothing in my article is intended to act as a tax expert or tax consultant. There are lots of resources for you the check out. Got it?

The new Tax Act will have an impact on Bay Area homeowners. Some will not notice any impact and many will. Let’s start with a brief summary of the three most important aspects of how the new Tax Act will impact Bay Area homeowners tax returns as it applies to real estate, mortgage deductions and capital gains.. Continue reading