Homeowners scramble to pay 2018 taxes, but should they?

Yahoo Finance Video

People are frantically paying their 2018 property taxes because of the GOP’s tax overhaul. The new law, which takes effect in January, imposes a $10K combined limit on deductions for property taxes. However, the IRS sent out a warning saying 2018 real estate taxes that haven't been assessed yet won't be deductible for your 2017 returns. Dan Roberts, Melody Hahm and Myles Udland break it down.

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