By the time the reader sees this, the tax "reform" bill may be a done deal, but here is how changes may very well affect California taxpayers. Visitors can see how homeowners will be impacted by the Tax Reform Bill. Check out this National Association of REALTORS resource, see Capital Gains exemptions and the impact on housing prices from the 2017 tax reform framework.

To see other tax scenarios for taxpayers in other states, click on this link and find a state in the drop down list.