Depending on your political leanings or personal financial situation, the recently passed (December 2017) “Tax Cuts and Jobs Act” is either a win or a loss.  Since the bill tinkers with the amount of mortgage interest and real estate taxes which can be deducted, while grandfathering in a larger mortgage interest deduction for pre-2018 mortgages there are bound to be many effects on the vacation property real estate market.  More analysis to follow, but please leave a comment and tell me your impressions.

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