Real estate
February 13, 2018
The law has given immense tax breaks to the country's wealthiest people. Image credit: Sotheby's International Realty
By Danny Parisi
The tax reform bill passed by Congress late last year is poised to have an effect on the country’s luxury real estate industry as buyers consider moving across state lines to deal with tax rate changes.
{"ct":"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","iv":"adfe58c3a933b108b9363a211bf3a9f5","s":"7799c5e7d5947763"}
Share your thoughts. Click here