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Real Estate

Trump Tax Reform Hits Home in Wealthy New York Suburbs

  • Confusion reigns as many won’t realize changes till they file
  • Real estate agents, of all people, are fielding tax questions
U.S. Department of the Treasury Internal Revenue Service (IRS) 1040 Individual Income Tax forms for the 2016 tax year are arranged for a photograph in Tiskilwa, Illinois, U.S., on Monday, Dec. 18, 2017. This week marks the last leg of Republicans\' push to revamp the U.S. tax code, with both the House and Senate planning to vote by Wednesday on final legislation before sending it to President Donald Trump.
Photographer: Daniel Acker/Bloomberg

Nick Boniakowski’s clients bought a home in Northern New Jersey in 2016. Now they want to move again.

They found a house they liked. It wasn’t the charm of new construction, an upgrade in location, better schools or a swimming pool that attracted them.