THE ONE BIG BEAUTIFUL BILL: WHAT JUST PASSED (AND WHY REAL ESTATE INVESTORS SHOULD BE CELEBRATING EARLY)

This week, the House of Representatives passed what some are calling the One Big Beautiful Bill — and if you’re a real estate Investor, this is your moment to lean in.

This tax package is full of the good stuff: more deductions, permanent benefits, and a whole lot of clarity for anyone building wealth through real estate.

Let’s break it down. Quickly. Strategically. So you can be a pro who actually reads the fine print.

MORTGAGE INTEREST DEDUCTION? MADE PERMANENT.

That’s right. No more wondering if Congress is going to rip it away every few years. You can actually build a plan around this whether you’re a Buyer or an Investor scaling your portfolio.

SALT CAP? QUADRUPLED (FOR MOST).

SALT = State And Local Tax.
Right now, the cap is $10,000.
Under the One Big Beautiful Bill? That jumps to $40,000 for joint filers earning under $500,000.

That’s not just helpful — that’s strategy-altering for high-tax-market Investors and second-home Buyers.

And yes, I’m still taking applications for a husband. So, we can file jointly.

QBI DEDUCTION? GETTING A RAISE.

QBI = Qualified Business Income deduction.
If you’re a Landlord or own rentals under an LLC, you probably qualify.

Currently, you can deduct 20% of your rental income. The new bill bumps that up to 23%.

That’s more cash in your pocket. More freedom. Less tax drama.

1031 EXCHANGES? STILL INTACT.

The golden goose is safe.

You can keep deferring capital gains when rolling from one property into the next.
Duplex to fourplex? Fourplex to eight? No capital gains hit on the way up. Amen!

TAX CREDITS STILL STANDING FOR BUYERS

Buyers still have access to:
✔️ Mortgage Interest Deduction
✔️ Property Tax Deduction
✔️ Energy Efficiency Credits
✔️ Mortgage Insurance Deduction
✔️ Depreciation if you’re purchasing a rental

And the One Big Beautiful Bill? It keeps them all. And, adds more.

WHERE WE ARE NOW

The bill passed the House on May 22 in a narrow 215-214 vote.
It now heads to the Senate. That’s where things might get spicy with negotiations, tradeoffs, and some good old-fashioned political sausage-making. Shocker!

But the direction is clear: Real estate is still the government’s favorite wealth-building vehicle.

WHAT TO DO NEXT

This is the kind of signal smart Investors don’t ignore. Because even if the details shift in the Senate, the structure is bullish for real estate.

📲 DM me the word TAXWIN and I’ll connect you with a Lender and a tax pro who can help you plan ahead — not after the fact.

Because the best Investors don’t wait for the market to change. They move before it does.

Jennifer S. Goodman
REALTOR® | GRI
📱512-548-4568
jennifer@livinginaustintexas.com
@jennifersgoodmangroup | @realbrokerage