Have a larger amount than that. The existing loans that are in place right now, will be grandfathered in. There are other impacts on homeowners as well . There are big changes to how the treatment of home equity lines and home equity loans are going to be handled in the future. Right now you can deduct interest on that. So, going forward, you will not be able to do that. For both existing and new loans. Now this is important, because, i think many homeowners use these as life lines, used to pay down credit card debt, maybe a tuition payment, emergency in your home. Theyre low interest alternatives to sort of have this Emergency Reserve Fund available. A lot wondering how this may affect real estate markets . Talk to experts. A minimal amount up to a 10 hit on prices. And, heres why. With the near doubling of the standard deduction and this limit on state, local and property taxes, some folks are going to sit on the sidelines wait to see what happens. That is happening at a time where w
But my ultimate goal was to be a pilot. I think i was meant to, to fly. And i was going to Airborne School that next monday. So, i decided to go on a motorcycle ride with my buddies. We were going through a turn and thats all i remember. Thats the day everything changed. I was told by the doctor that i would never walk again. Thanks to paralyzed veterans of america, competing in Adaptive Sports lit my fire again. They help you transition for the rest of your life to that individual that you want to be. Sports like hand cycling really pushes you to, to find who you are in that redefining moment after injury. With pva sports ive, ive found my freedom. Now when i think about my future, the possibilities are endless. [male narrator] for more information, visit pva dot org. Now to the tax bill. The first overhaul of the u. S. Tax code in decades has passed the republican controlled house and senate. Largely along party lines. Here is chief Congressional Correspondent nancy cordes. Without o
Happening now. Crews are working to repair a ruptured gas line that forced the evacuation of homes in san jose this morning. This is video from our partnership with abc7 news. Recent storms contributed to rupture. Which was reported at around 11 am. 3 homes were evacuated. It happened on suncrest avenue and perie lane near Alum Rock Park. No injuries have been reported. The problem was fixed by 3 this a federal judge in florida has reversed the order that would have allowed the wife of the orlando nightclub shooter out on bail. The young mother has been locked up in the santa rita jail in dublin since her arrest in january. Kron4s Maureen Kelly has new details on the prosecutions case and reaction from a friend of noor salman. Have mercy let her come out now and see her sonthats the plea to the judge in florida from a woman who says noor salman is like a daughter to her. She says she and salmans mother cried after hearing the decision blocked that would have to let the young mother ret
Just before 11pm on thursday, the driver of this dump truck was travelling southbound on 101 with his trailer in the up position. When he reached the embarcadero road overpass the trailer slammed into the structure. The driver was taken to the hospital with minor injuries. When the trailer was pulled away from the overpass, crews found a 25 foot crack in the concrete. Through out the day on friday, caltrans engineers and crews examined the damage and found that it was even worse than they first suspected. They now believe that a 4550 section of the overpass is damaged and a steel support girder is also damaged. As a temporary fix, crews wrapped a tarp around the damaged concrete to keep chunks from falling onto the roadway below. All lanes of 101 were reopened just before 6pm but one west bound lane above the overpass will remain closed indefinitely. Caltrans also said on friday that it will take extensive work to repair the damaged girder and concrete. At this point its unclear when t
Attempted burglary in vallejo now one more victim has come forward with growing concern tonight. She says police have yet to show up to her home to collect evidence and file a report. A vallejo woman came home to this video captured on her surveillence cameras thursday night around 6 15. You know you cant be home 24 7 its frightening its really frightening. Two unknown men repeatedly banged on the front door at janice street then cased all sides of her home for an entry. All the while the cameras kept recording and her son was inside. I do have security cameras installed but i just recently put up signs letting them know that there is 24 hour surveillance. And they need to stay away. She now warns her community about the second attempt back to back this week in the area. I was targeted. They definitely targeted me. They pulled up and came straight to my house. Thursday we brought you a report from a Home Invasion nearby on cimmaron drive. You can see in the video the burglars managed t