Join Chris Bird for this timely RealXperts webinar covering important issues that impact the business of real estate that were included in the recently-enacted Tax Cuts and Jobs Act of 2017. Specifically, Chris will review changes to the real estate tax deduction for a principal residence, the new limitations on the home mortgage interest deduction, and the total elimination of the interest deduction on home equity indebtedness. In addition, the new qualified business income deduction available in 2018 will provide MOST real estate professionals a 20% deduction against their real estate sales and rental income profits. Real estate professionals also need to be aware of the new restrictions on claiming entertainment expenses starting with the 2018 return.
Format: OnDemand Course
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