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Early this month, the House of Representatives passed the One Big Beautiful Bill Act—a major win for the real estate community and American homeowners alike.
The bill includes several important tax benefits that the National Association of REALTORS® has long fought for. These include an improved deduction for small business owners, stronger deductions for state and local taxes (SALT), and continued protection for the mortgage interest deduction—a key benefit for many homeowners at tax time.
The legislation also locks in lower individual tax rates and increases the child tax credit, steps that could make it easier for more families to afford a home and manage the ongoing costs of homeownership.
In short, this bill helps protect the value of your investment and may put more money back in your pocket.
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