Trump's latest tax proposal: Will it make you more or less profitable?

The only definitive thing we can say is, 'it depends'
  • The benefit of Trump’s tax plan for most agents hinges almost entirely on how self-employment taxes are treated for pass-through businesses, something the official proposals to date are entirely silent on.

The Trump administration released a revised tax reform proposal on Wednesday, which you can read in full here. The real estate industry is abuzz trying to decipher if the updated proposal helps or hurts agents — while the jury is still out, the realistic answer, frustratingly, is “it depends.”