• Standard deduction – way up.
• Itemized deductions – far less valuable.
• Misc employee exps – gone.
• State/local & property taxes capped at $10k total.
• Planning point: move expenses to other places or eliminate them because they have less/no value.

• LLC’s, S-Corps, Partnerships enjoy new 20% deduction.
• Planning point: How you hold your property investments can have a big effect

Extra Reading:

• https://www.biggerpockets.com/renewsblog/final-gop-tax-plan/
• https://www.biggerpockets.com/renewsblog/real-estate-loopholes-limitations-tax-bill/
• http://www.noradarealestate.com/blog/new-2018-tax-law-impact-real-estate-owners/
• http://www.nreionline.com/finance-investment/new-tax-laws-likely-increase-hnw-investment-real-estate
• https://www.mansionglobal.com/articles/85145-how-the-new-u-s-tax-law-impacts-property-owners

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