Dobb-Frank is a "reform" act, which means it is reforming other regulations already in place from the past.

Think Tax Reform of 1986 and the recent Safe Act and Dodd Frank.  

There is a special session in place this week, working overtime in the capitol on tax reform, and they have passed 'part one' of a two-step process that would cut taxes... the second part would be voted on in a referendum later this year, and that's the part that will make the substantial difference, by super-sizing the Homestead Exemption allowance.

I am pretty seasoned and am also an ex loan officer, I know that category is completely not in question for me to attempt and reform another investment corp.So, I have to change careers at 33.

Chavez lost most of the reforms that would have given him a full dictatorship, allowed him to remain in power forever, etc.Maybe this will lead to less chest thumping from Mr.

It's best to make contact with many different opinions and form your own way to move forward.Notes recently have actually become much more risky now because of all the compliance levied against them from the passage of recent reform bills.If all steps are not followed the whole mortgage can be disallowed.

@Jay Hinrichs , that's what immigration reform was to have been about: Reform the immigration system, so that people have a way to apply for legal work permits.

Hi, I'm am curious if anyone can help clear up the proposed tax reforms that would affect real estate. 1) would interest no longer be a deductible expense for investment properties...?

There's a full-page worksheet for multiple W2s and/or 2-income families that most people ignore when completing W4.Itemized deductions changed very significantly with the tax reform, so you may get less of a refund for 2018 than you used to.I highly recommend that you wait until you receive your W2 in January and run an estimate of your 2018 refund using 2018 tax software.

then, if your daughter maintains ownership for the next two years, profit on the sale (up to $250K) should be excluded from capital gains taxation (provided Trump's tax reform does not eliminate the capital gains exclusion on the sale of a primary residence).Because your gift of the property to your daughter exceeds the annual gift tax exemption, you will have to file a Gift Tax return along with your annual 1040.