The Schedule A deduction for state and local taxes (SALT) USED to be UNLIMITED.
These include INCOME TAXES (or general sales taxes), REAL ESTATE, and PERSONAL PROPERTY TAXES.
With the passage of the TCJA, the SALT deduction is now limited to $10,000 ($5,000 if married filing separately).
This can be a real problem for people in states with
HIGH INCOME or PROPERTY TAXES
such as FLORIDA, NEW YORK, and CALIFORNIA.
https://www.moneyunder30.com/better-to-rent-than-to-buy-a-home
nonwoorhee@gmail.com