• What Does the New Tax Legislation Mean for Homeowners?

    Family in front of home
    Jan 26, 2018
    On December 22, 2017, the Tax Cuts and Jobs Act was signed into law – enacting significant changes in how many U.S. taxpayers calculate their gross taxable income in 2018. A major component of the new legislation includes several provisions that could affect the costs of home ownership in the Bay Area. To help shed light on how the new tax code could impact your tax filing next year if you are a homeowner or first-time homebuyer, we’ve provided a brief overview of important aspects of the law that deal directly with this.