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Did Tax Reform Kill the Luxury Market? NOT SO FAR! | Luxury beach house, Real estate, Atlanta real estate

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simplifyingthemarket.com

Did Tax Reform Kill the Luxury Market? NOT SO FAR!

The new tax code limits the deduction of state and local property taxes, as well as income or sales taxes, to a total of $10,000. When the tax reform legislation was put into law at the beginning of the year, some experts felt that it could have a negative impact on the luxury housing market.

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