News & Notes ......     



New Tax Law

MORTGAGE DEDUCTION- The final bill reduces the limit on deductible mortgage debt to $750,000 for new loans taken out after 12/14/17. Current loans of up to $1 Million are grandfathered and are not subject to the new $750,000 cap.

PROPERTY TAXES- The final bill allows an itemized deduction of up to $10,000 for the total of state and local property taxes and income or sales taxes.  This $10,000 limit applies for both single and married filers.

MOVING EXPENSES- The final bill repeals moving expenses deduction and exclusion except for member of the Armed Forces.

EXCLUSION OF GAIN ON SALE  OF A PRINCIPAL RESIDENCE- No Changes!

Source: National Association of Realtors


Client Acclaim

     "Tom's flyers have been left on our doorstep for many years.  We figured Tom was a hard worker. He is very positive, good communicator, intelligent and knows the business.  Tom always kept us up to date and the sale of our home was a breeze.  We loved Tom and would recommend him in a heartbeat"!     Joe & Nancy B

Note: To see more of what Tom's Clients are saying. Go to the Agent Information Tab above and click on Testimonials.


Giving Back 

     Over the years, Tom has always given back to the Community in many different forms. In the 1990's, he started donating $100 (today's figure is $1000) after every closed sale to the Charity or Organization of his Client's Choice. Here are a few of those Charities & Organizations that have benefited: John Muir Foundation, Multiple Sclerosis Society, Make a Wish, Shepard's Gate, American Liver Association, Alzheimer's Association, Dan Marino Foundation, Children International, Meals on Wheels, American Cancer Society and American Heart Association.




    


Tom Montano
Tom Montano
40th Anniversary as a Realtor

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