One Big Beautiful Bill

The following was borrowed from our fellow PLACE partner Linda Hillman:

The One Big Beautiful Bill was officially signed into law—and whether you’re a buyer, seller, or investor, it could change the way you move this year.

Let’s break it down:

FOR BUYERS:
 SALT tax deduction raised to $40K (that’s HUGE for Californians!)
 Mortgage interest deductions locked at $750K
 Benefits expire in 2028—timing is key
 Rising rates may return soon due to federal debt

FOR SELLERS:
 Buyers can now afford more (thanks to bigger deductions)
 Inventory is still low—combine that with new tax perks = max value
 Green home upgrades may lose value (fewer federal incentives)

FOR INVESTORS:
 Bonus depreciation is back at 100%
 Section 179 expensing limit raised to $2.5M
 Reduced affordable housing support may shift rental demand
 Some benefits expire—now’s the time to act

If we can be of service sorting out how this affects your real estate needs and how these things may apply, please reach out.