Understand the New Tax Law: Video 3 (Home owners)
Comprehend the New Tax Law: Video 3 (Property owner)

< iframe size="480" elevation="320" src="https://www.youtube.com/embed/moLSeO0ROU8?rel=0" frameborder="0" allowfullscreen >< img design="float: left; margin:0 5px 5px 0;" src="http://taxdr.org/wp-content/uploads/2021/05/lnTd5N.jpg"/ > 3rd video clip in NAR's collection on how the Tax Obligation Cuts and Jobs Act impacts genuine estate, property specialists, and consumers. Five areas in this video clip: 1) Adjustments to MID (2:15). 2) Limits on state, regional tax obligation reductions (6:37). 3) Curtailment of casualty deduction (10:04). 4) Curtailment of moving expense deduction (11:36). 5) Retention of resources gains exclusion on house sale profits (13:44)