07/01/2025
🏡 Big News for Florida Homeowners! 🌴
The U.S. Senate just passed major tax reform—and it’s packed with wins for homeowners and the real estate economy, thanks to the hard work of the National Association of REALTORS®! 🙌
✅ What’s in it for you?
🔒 Lower individual tax rates – made permanent
💼 20% deduction for small businesses & independent contractors
🏡 Mortgage interest deduction – now permanent
🌴 SALT cap quadrupled for five years
🔁 Protection for 1031 like-kind exchanges and business deductions
Bonus Gains:
💰 Child Tax Credit increased—boosting family affordability
🏘️ Affordable housing programs strengthened
🧒 Baby bonds to help future first-time buyers
👨👩👧👦 Enhanced estate tax exemptions for lasting wealth transfer
