How Recent Tax Changes Affect Your Standard Deduction
Taxes have changed, and you’ll likely be affected come tax season.
I’m joined today by Justin Boyd of JVM Lending, and we’ll be discussing how recent tax changes will affect the standard deduction.
For your convenience, I’ve included timestamps for today’s topic. Feel free to navigate to the section(s) you’re most interested in viewing:
00:26 — What tax changes have occurred, and how do they affect homeowners?
01:18 — The only way to receive a deduction for mortgage interest paid
01:55 — If you were to itemize your deductions, what would it look like?
02:45 — The differences in Texas property taxes
03:03 — What a deduction really means
03:55 — How are self-employed homeowners affected?
04:44 — People have misconceptions about debt
06:12 — When you have debt, inflation is good
07:19 — Mortgage loan rates are great right now
08:08 — Debt backed by real estate isn’t a bad thing
08:54 — Appreciation will continue growing in Austin, and there are good reasons to buy
09:27 — Conclusion to today’s video
I’d like to thank Justin for giving us some insight into these tax changes. If you have any questions or would like more information, feel free to reach out to me. I look forward to hearing from you soon.