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Trump's Tax Overhaul Slows Manhattan Real Estate

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The Presidents 2017 Tax victory is already causing trouble within his old real estate stomping ground. Business Insider reports that the tax overhaul has "slowed Manhattan's real estate market even before going into full effect." Buyers seem to be pondering the impact of the new tax law, amid reports of slumping Fourth-quarter home sales in Manhattan. There were many reports across the country that homeowners in high-tax states including New York, Virginia, and California lined up to prepay their property taxes before the 2018 deadline took effect.

Added on the 03/01/2018 15:18:43 - Copyright : Wochit

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