Plans in the Republican-led tax reform plan currently wending its way through Congress could hurt California homeowners by possibly doing away with property taxes, the state's biggest group of real estate agents said this week. The Republican plan as it is written now would remove homebuyers' ability to deduct property taxes from their federal tax return, a change that could cost some Californians thousands. “The average California homebuyer could end up paying $3,000 more a year in taxes under…from DIYS http://ift.tt/2yMfb6r
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