Business

A guide to paying your property taxes early — before the new tax law kicks in

The Republican tax bill that appears headed for President Trump’s desk reduces the ability of home buyers to deduct mortgage interest, which will be a hit to home shoppers in Southern California and the Bay Area, where housing costs are sky-high.

The $1.5-trillion Republican tax plan headed to President Trump’s desk puts new limits on how much households can deduct in state and local taxes if they itemize.

All Sources: Los Angeles Times Los Angeles Times

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