My friend posted this on Facebook and I thought it was worth spreading around. Note that this only applies if your property taxes and state income tax are above 10k, something pretty common in CA:
Dear fellow California homeowners, if you haven't yet paid the second installment of your 2017 property taxes and you itemize your tax return, you might want to pay it now. Starting next year the combination of your state income and property tax deduction is capped. Even if you normally pay through your escrow account (and they won't pay it until next April) I would just make the extra payment now and let your escrow know and you can deduct it in 2017.
Submitted December 24, 2017 at 11:20PM by SaltwaterShane http://ift.tt/2psD6Ya
