Find Real Estate Agents and Homes for Sale


Real Estate News --> Connecticut News

Connecticut Realtors president: GOP tax bill is ‘just disastrous for us’


As the Republican tax bills work their way through Congress, real estate industry leaders in Connecticut are warning of potential troubles. “For Connecticut, this tax bill is particularly onerous,” Michael Barbaro, president of the Connecticut ...


Archived Story

December 06, 2017 06:50PM As the Republican tax bills work their way through Congress, real estate industry leaders in Connecticut are warning of potential troubles“For Connecticut, this tax bill is particularly onerous,” Michael Barbaro, president of the Connecticut Association of Realtors, told Greenwich Time“If you take away the ability of people to write off taxes and mortgage interest, you’ll start to see increased migration out of the stateThis is just disastrous for us.” The House version of the tax bill caps the mortgage interest deduction for new homes at $500,000, and both the House and Senate versions roll back incentives to build affordable housing. [Greenwich Time] Short URL #mc_embed_signup .mc-field-group input { } #mc_embed_signup .mc-field-group{ min-height:0px; } #mc_embed_signup{background:#fff; clear:left; font:14px Helvetica,Arial,sans-serif; } /* Add your own MailChimp form style overrides in your site stylesheet or in this style block. We recommend moving this block and the preceding CSS link to the HEAD of your HTML file*/ Subscribe to our e-Lerts New York Real Estate News Daily Updates Weekly Roundup South Florida Real Estate News Daily Updates Weekly Roundup Los Angeles Real Estate News Daily Updates Weekly Roundup China Watch Coming soon! Weekly Roundup

Trending Connecticut News:


  • Numbers Are In: High Hopes For 2014 Connecticut Home Sales Went Unfulfilled
  • Southbury, CT Real Estate: Newly Listed Homes for Sale
  • Murphy To Hold Forums Friday On Tax Reform's Impact On Connecticut
  • Wilton, CT Real Estate: Newly Listed Homes for Sale
  • Connecticut utilities assessing their own storm responses
  • Looney: Glaring Car Tax Disparities Must Be Closed
  • Concierge Auctions Bolsters Its Fall Lineup With Diverse Luxury Real Estate Offerings Throughout The United States And Europe
  • Paying taxes in Connecticut — more or less
  • Sunrise Senior Living Saves Antique Barn in Connecticut, Donates Structure to the Wilton Historical Society
  • Berkshire Hathaway unit buys big NYC-area real estate firm
  • Ex-Connecticut Gov. Rowland sentenced to prison a 2nd time
  • Utilities' storm performance in Connecticut put under the microscope
  • Activist investor urges shakeup of Taubman board
  • Fredrik Eklund's Latest Real Estate Project Is... a Gingerbread Replica of His Connecticut Mansion
  • Waterbury redevelopment
  • On island time in the tri-state area
  • Home and condo sales rise in Connecticut, but prices continue to drop
  • Crisco receives achievement award
  • Here’s What You Need To Know About The Estate Tax and Family Farmers
  • Looking Back: A baby for one Jerry, crowding for another