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Updated over 6 years ago on .

User Stats

33
Posts
3
Votes
Gaurav Bahal
  • Investor
  • san francisco, CA
3
Votes |
33
Posts

Impact of Tax changes on buying primary residence vs investment

Gaurav Bahal
  • Investor
  • san francisco, CA
Posted

Hi,

I live in Bay Area (East Bay) and have been thinking of buying a property either for primary residence or buy 1-2 investment properties in Orlando/Vegas. From what I have researched the new tax rules for high income W2 earners (especially in high tax states such as CA) makes tax deduction on primary residence less relevant.

I do not have much experience in RE investing so want to double check with other investors/locals if it makes more sense to buy for primary residence or investment?

Thanks,

Gaurav