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New Tax Breaks in 2018 Add Up to Big Savings

The new tax law, with its fewer brackets and higher standard deductions, could save you a lot of money on your federal taxes.

A recent article in U.S. News informs us that the standard deduction for single tax filers has increased $1,350 to $12,00 $24,000. For married filers, the news is just as good.

When it comes to real estate, REIT investors will enjoy a brand-new deduction. Starting in 2018, these investors can deduct 20 percent of REIT-qualified dividends from their earned income. For taxpayers in the highest bracket, this results in a maximum income tax rate of 29.6 percent, compared to the prior 37 percent tax rate on REIT-qualified dividends.

The tax law is also advantageous for landlords. Owners of rental properties who own their property though a pass-through entity can also save a bundle.

For the full article, click HERE:

Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at or 917-209-4452.

Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.

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