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There are questions about tax policy and real estate now that President Trump is back in office and the Republican party controls both the House and Senate.
President Trump’s previous tax bill, the Tax Cuts & Jobs Act of 2017, brought key changes, including accelerated depreciation deductions, a higher estate tax exemption and the 199A pass-through deduction.
Many of these provisions are set to expire by 2024 or 2025, but experts expect most to be extended or maintained.
The Tax Cuts & Jobs…
