I will own both properties outright.Is anyone worried about this tax reform?

I don't see that slowing down over the next 6 months even with the tax reform looming over us.  

I noticed today's WSJ article on the Senate's bill includes a comment"Debt-reliant businesses would lose, too, under a provision that limits interest deductions to 30% of income."The original link is https://www.wsj.c...

Senate passed its version of a tax reform bill by a 51-49 margin along party lines.

Next dip will probably happen in 2019 or 2020 if I had to guess.Tax reform could slow the real estate market as could rising interest rates.

I am curious to know if the recent Tax Reform Bill will negatively impact our ability as Real Estate Professionals (Realtors, Investors, Flippers, etc.) to make money? 

Another question is if the recapture tax is still due if I 1031 down the road, or sell within a couple of years (using the living in 2 of the last 5 years rule, which I know may change with the Tax Reform act)?  

If, after depreciation, you expect to have a net passive loss next year AND if you will have a lower tax bracket rate under the tax reform proposal, then paying your property tax this year will be better than paying twice next year.

Be aware of changes in the new Tax Reform bill.  

- What do real estate agents need to know about the impact of tax reform on them?