What the New Tax Deduction Means For Your Real Estate Business
This week a major announcement about the business income deduction, as part of Tax Cuts and Jobs Act (TCJA), came down from the IRS in an effort to clear up how real estate brokers and agents will be impacted. The clarification came as a result from the confusion surrounding who benefits and how from the $1.5 trillion dollar tax cut. While many who were hoping to be included were left out, real estate brokers and agents can rejoice.
Click here to find out how this announcement benefits you and how the National Association of REALTORS® was an integral part of this effort.
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