07/11/2025
🚨**Real Estate Shake-Up! Here’s What Just Changed** 🏡📉
Big news, folks! H.R. 1 (a.k.a. the “Big Beautiful Bill”) is officially law — and it’s about to shake the housing game!
📌 **PMI is now tax-deductible — permanently!** Yep, if you’re paying mortgage insurance (FHA, VA, USDA), that deduction is yours to claim... unless your income is over \$175K (single) or \$250K (joint). Tell your first-time buyers!
📌 **Mortgage interest deductions cap at \$750K** – that limit is now set in stone.
📌 **No new federal buyer assistance.** State and local grants are still the go-to for down payment help. Want to know what’s available in our area? Hit me up.
📌 **SALT cap raised!** From 2025–2029, households can deduct up to \$40K in state/local taxes. Major win for higher earners!
📌 **Investor bonus!** The 20% rental income deduction is here to stay. Landlords, that’s money in your pocket.
👉 Bottom line: This bill brings both perks and pitfalls depending on who you are. DM me if you want a breakdown tailored to your goals!
Call me today!