Sub 1M Condo Market Tax Reform Winner
Started by anonymous
over 7 years ago
Discussion about
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If the tax reform passes with the 10k property tax and 500k mortgage interest deduction limitations then entry level(studios/small 1bd) will be the only manhattan tier not to be effected for buyers. This along with the new favorable rental aspects(Standard Deduction doubling etc) there will be an influx of new renters. Investors will look to buy entry level condos/entry level rentals to take advantage of that..... Anyone else with thoughts?