What Do Tax Changes Mean for Our Market?

    For today’s installment in our VIP Expert Adviser Series, we’re talking to Tricia McCullough of Augustedge about two important subjects: tax changes and rental properties.

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    Welcome back to our VIP Expert Adviser Series, where we interview top professionals around North Central Washington on subjects that can bring value to you as buyers and homeowners.

    Today’s interview features Tricia McCullough of Augustedge, a business focused on tax planning, marketing, accounting, and more. In our interview, Tricia highlighted some of the recent tax changes that are impacting our market, as well as some information about our market right now, in general.

    Cited below for your convenience are time-stamps which will direct you to various subjects I go over in the video above. Feel free to watch my full message or use these time-stamps to browse specific topics at your leisure:

     

    1:43 – Mortgage interest, write-offs, and tax caps

    4:50 – Home improvements, net profit, and capital gains

    6:18 – Short-term capital gains vs. long-term capital gains

    8:15 – Like-kind exchanges

    10:57 – Installment agreements and 1031 exchanges

    14:25 – The cost of building a home

    15:35 – Advice on remodeling

    17:38 – Advice on rentals and investment properties

     

    If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

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