The new tax bill passed through mostly by the Republican majority in the house and senate, could doom the real estate market especially in high tax areas of the Northeast and California because of the change in deduction filings for property taxes. However, the new bill is beneficial to landlords, with the Northeast and California holding high numbers of landlords.

Tax Bill Is Bad for Homeowners, Good for Landlords: Justin Fox

Downtown Industrial Site Sold for $10.6 Million
The Single-Tenant Factor in the Net Lease Equation