Tax Question? - Better to close at the beginning or end of year?

[Chanté Owens]

Hello BP! I'm curious about taxes and closing at the end of the year, versus at the beginning of a new year? I'll obviously speak with someone regarding tax implications, but as I think about buying a property at the end of 2017 or beginning of 2018, I wanted to find out which is (in general for tax purposes) the best time to close on a property?

I seem to remember (in the recesses of my mind) some benefits of closing at the end of the year versus at the beginning of a year? Just curious to see what others have found to be beneficial.