Posts Tagged ‘mortgage’
The Effects of SALT Deduction Caps and Tax Reforms on High-Cost Real Estate Markets and the Mortgage Industry
Tax policy plays a pivotal role in shaping the real estate market, particularly in high-cost areas like California, New York, and New Jersey. Among the most impactful changes in recent years was the 2017 Tax Cuts and Jobs Act (TCJA), which introduced a cap on State and Local Tax (SALT) deductions. This reform, coupled with…
Read MoreEverything You Need to Know About ITIN Mortgage Loans
Homeownership is a dream for many, and it doesn’t have to be out of reach if you lack a Social Security Number (SSN). With an ITIN mortgage loan, individuals with an Individual Taxpayer Identification Number (ITIN) can still achieve this important milestone. Let’s dive into what ITINs are, how to get one, and the essentials…
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