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Jim Scott
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San Diego Real Estate News
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January 9, 2018
The new tax code is here. It is apparent California residential real estate will be in for a fiscal shock. The new tax system has sharply reduced the tax benefits of home ownership---which applies mainly in places with high state income taxes and housing prices. The new annual deduction limitation of $10,000 for property and income taxes will hurt financially many homeowners in San Diego.  Jim