
"Pro-growth tax policy is delivering results, as many Americans are seeing lower tax bills and higher refunds due to the One Big Beautiful Bill Act."
"Homeowners are seeing the continued value of the mortgage interest deduction, which helps make homeownership more attainable and sustainable."
"Small business owners, including most real estate professionals, are benefiting from a strengthened and permanent qualified business income deduction, allowing them to reinvest in their businesses."
"Families in high-cost states are seeing relief from an increased SALT deduction cap, helping ease their overall tax burden and making homeownership more feasible."
This year's tax returns illustrate the effects of the One Big Beautiful Bill Act on housing policy. Homeowners and prospective buyers are experiencing lower tax bills and higher refunds due to pro-growth tax policies. The mortgage interest deduction remains valuable, aiding homeownership. Small business owners benefit from a permanent qualified business income deduction, allowing reinvestment. An increased SALT deduction cap provides relief for families in high-cost states. Long-standing tools like 1031 exchanges continue to support property investment and housing supply.
Read at www.housingwire.com
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