greg mcbride is chief financia an legitimate, a consumer finance site, and greg, thanks for joining us. >> thank you happy holidays. >> happy holidays to you at the end of the year start with tax changes anything anybody should do end of the year, tax moves to make now you won't be able to make in just a few days? >> yes a couple action steps to take this week given the latest tax reform it you're in a situation where you're in a high taxed state and you're going to bump up into that $10,000 threshold for deducting state and local taxes for 2018, look at paying 2018 property taxes this week, before the end of the year. get that on the 2017 taxes so you can deduct it. you can only do that if you've been billed for it also some states will actually give you a discount for paying early. another incentive to do it there. >> i hear what you're saying about pre-paying property taxes if you can, but also people told me you cannot pre-pay any of your state income tax. courts roomed against that in the part and be careful if you do that. you could get audited for it. >> exactly an important dis

what they did was financiaed a x cut for the rich and corporations at the expense of the blue states. one of the ways they did that was by eliminating the ductabiliduc deductibility of state and local taxes. as soon as the president signed the tax bill, i signed an emergency order saying that new yorkers could prepay their property taxes so they get the deduction this year. >> cuomo also suggested the new tax code may be unconstitutional. violating the right to due process and protection. exploring legal challenges to the tax bills deduction limits. the order will allow residents to prepay property taxes before planned caps on deductions take effect next year. >>> still ahead, closer look at the president's first year. foreign trips he took and ones he did not. and brutally cold air is expected to come across the eastern half of the u.s. also keep this part of the country on ice. through the new year and beyond. one on the town in minute has h degrees below. believe it or not. said to be the coldest and most secure yet. take a look at preparations underway ahead of sunday when we come

mensaje para estas personas es " si no pueden venir a pelear con nosotros en el medio oeste entonces financiaue estaban los terroristas. habÍan madres con niÑos y muchas personas corriendo asi como personas mayores que no podÍan subir las escaleras. era un caos. reportero: el individuo ademÁs habrÍa dicho los investigadores que habrÍa ido alta estaciÓn por unos pÓsters navideÑos recordando los ataques perpetrados en mercados europeos. >> la policÍa de nueva york estaba afuera con rifles y armamentos grandes. satcha: y el intento de atentado terrorista nueva york no provocÓ el daÑo de sangre que querÍa el atacante pero yo impulsa el presidente trump para defender a sus polÍticas migratorias. el mandatario culpÓ al programa de reunificaciÓn familiar por permitir la entrada al paÍs del residente de bangladesh. la portavoz de la casa blanca insistiÓ en la necesidad de frenar la migraciÓn basada en lazos familiares. >> el departamento de seguridad nacional ha confirmado que el sospechoso fue admitido en estados unidos tras presentar un pasaporte con una visa de inmigrante familiar f-43 en 2012. sa

heavy, might want to rebalance into the slightly more -- side of the ledger in particular we like financia s heading into 2018. we think technology is likely to have by year end a fairly good year we don't see a lot of warning lights coming from the fundamental facts. it's the events that concern us more and chief among those concerns would be the recomposition of the fed come february with the potential for entering into a rising rate regime which we hope won't occur. >> you're concerned that the fed will be too hawkish? >> i'm concerned it's going to be thawkish. we think incoming chair powell will actually toe the line, we know a lot of cohorts around the table are certainly more hawkish when it comes to theory rather than practice. i think there could be potential for disruption we'll watch it closely and hope it won't exist. >> there have been plenty of critics like stanley drukenmiller saying it's been far too dovish for too long and i was going to say asset classes but meaning bitcoin, not sure i should call it that. are you concerned about a more hawkish fed and as we understand it

and their, quote, high financia protection bureau. and their, quote, high cost loan regulations and definitions of mortgage originator and loan originator established in the dodd-frank act. these regulations fail to take into account the unique circumstances associated with manufactured housing. and the fixed costs associated with the purchase of any home, large or small. they fail to recognize the simple mathematical fact that fixed costs on smaller loans translate into higher percentages of the total loan. they fail to recognize that even if interest payments on manufactured homes are more than your average home, the payments are still more affordable than the all in cost of a site built home or rent in many markets. this is especially the case when you consider that purchasing a manufactured home as owe possed to renting allows these owners to build equity, leading to financial stability for their families. this bipartisan bill, the preserving access to manufactured housing act, recognizes the unique nature of manufactured housing.