Silver Hill’s Michael Boggiano Reveals Effects of Tax Bill for Commercial Mortgage Brokers on Forbes.com
Silver Hill Funding Senior Vice President and Forbes Real Estate Councilmember Michael Boggiano has once again shared his commercial mortgage expertise on the Forbes Real Estate website.
In his latest article, Boggiano describes the near- and long-term effects of the new tax bill from the perspective of a commercial mortgage broker. After all, these professionals will no doubt receive plenty of questions from prospective and current property owners regarding benefits and drawbacks of the new bill.
Brokers who read this piece will gain a better understanding of how the new tax bill will affect borrowers both in the present day and in the more distant future. It is important brokers pass this information on to inquiring clients – while some benefits may be seen in 2019, many changes will take much longer to make a noticeable impact. For instance, the standard deduction increase for single and married Americans could remove some tax-related motivation for purchasing a home over time.
Want to learn more? Visit the Forbes Real Estate Council website to read the full article now.