Trump’s new tax promise

Trump’s promise to revive the state and local tax deduction will affect the housing market.

Restoring salt tax deductions could indeed positively impact the housing market.

Here’s how:

Trump’s new tax promise

1. Increased Affordability: The SALT deduction allows homeowners to deduct state and local taxes from their federal taxable income. When this deduction is restored, it effectively reduces the cost of homeownership, making it more affordable for potential buyers.
2. Stimulated Demand: As homes become more affordable, demand for them is likely to increase. This increased demand can drive up home prices and spur economic activity in the housing market.
3. Attracting Buyers to High-Tax Areas: Restoring the SALT deduction could encourage buyers to consider high-tax areas, such as California, New York, and New Jersey, which often have high-quality schools, amenities, and job markets. This could help to balance the housing market and reduce pressure on lower-tax areas.
4. Benefiting Local Governments: Increased homeownership can generate more property tax revenue for local governments. This revenue can be used to fund essential services like schools, public safety, and infrastructure, which can further improve the desirability of a particular area.

However, it’s important to note that the impact of restoring the SALT deduction on the housing market may vary depending on other factors, such as interest rates, economic conditions, and local market dynamics.

Trump’s new tax promise

• Brokerforyou.com is for SALE

  Just like most major businesses, the easiest way, and the fastest way to expand your business and influence in your particular market is through strategic acquisition. Just look at Google, they are the number one search engine in the world! Google bought Youtube in November 2006 for US$1.65  billion! YouTube now operates as one of Google’s subsidiaries.

  www.brokerforyou.com is for sale and is offered with a very popular San Diego residential real estate channel with 1.16K subscribers and 114 videos!!

  What’s the approximately monthly cost to host a website?  With shared hosting, you’re hosting fee can break down to about 10 to $15 per month. To keep your url registered (that’s your site address), this is usually paid on a five to 10-year basis, which averages out to about just a dollar per month!  Naturally, if you add direct hook-up to a MLS database, that provides lead capturing, this costs can vary greatly from provider-to-provider.

• Also available, much smaller aged websites (not just urls)  for Real Estate agents and brokers in California.  Yes, since I’m retired from Real Estate now I have a number of websites that are available that you can use for readings to your main site.  The following  real estate  area sites are available but subject to prior sale,  without notice:  San Diego, downtown San Diego, Del Mar, Encinitas, Orange County,  and Los Angeles. If you’d like to purchase any of these sites with all the content included, you can get them at a Bargain Basement price.  Please contact me if you’d like further details.
• Interested, call Bob Schwartz (619) 286-5604 for additional information

• #######

  home water leak detector – https://flumewater.com?grsf=w79pta

  

  +++++++++++++

  Great 360 Camera – This is the one that I use not only for real estate but motorcycling & gold prospecting.

  Direct from the manufacturer w/ Free shipping, special bonus accessory & even tax included.

  Click camera photo below for more details and to see actual 360 video & photos taken with this amazing marvel, direct from manufacturer . . .

  

  • insta360 One X3

    ++++++++

    DISCLAIMER:

    • Some of the links in this description and in our videos may be affiliate links, and pay a small commission if you use them, but never increase the basic cost. I really appreciate the support. The content in my Youtube videos SHALL NOT be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. I am a not financial adviser. I only express my opinions based on my experiences. Your experience may be quite different. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. There is NO guarantee of gains or losses on any investments. My produced videos are for entertainment purposes ONLY.  DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer, financial advisor, or the appropriate professional for the subject you would like help with.
    • Although no longer a licensed California real estate broker Bob’s 30 plus years of experience in the real estate industry with all the contacts that he has developed,  he is able to provide referrals to the top real estate Professionals in any state within the United States.  So, although you can’t get Bob to represent you personally, Bob can select a top real estate professional with years and years of experience to ensure that you get the best possible representation.