What the Tax Bill Means to Homeowners

Direct impact on housing...

The tax bill could affect buyers and sellers.

Many homeowners, buyers and sellers are left wondering how the tax reform legislation will affect them, Kathy Orton reports on washingtonpost.com.

The plan, which is expected to lower income tax bills next year for many households, is the most significant overhaul to the tax code since 1986, Orton wrote.

Several provisions that have a direct impact on the housing market were added, taken away or altered during the legislative process, leaving confusion about what remains in the bill, she added.

Below is a look at what the final version contains and what it means to homeowners, buyers and sellers: https://www.washingtonpost.com/news/where-we-live/wp/2017/12/20/how-the-tax-bill-impacts-homeowners-buyers-and-sellers/?utm_term=.432d8866fc39

Photo: Giphy.

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