The One Big Beautiful Bill, signed into law on July 4, brings several tax changes with meaningful implications for real estate. SALT Deduction - Big Impact in High-Tax Areas The cap on the State and Local Tax (SALT) deduction rises from $10,000 to $40,000 through 2029, reverting in 2030. This enhanced deduction is available to households earning under $500,000, and phases out entirely around $600,000. For property owners in high-tax states like New York, New Jersey, and Calif

Picture this: a 29-unit rent-stabilized building in East Harlem, worth millions in 2016, just sold for 97% less. Yup, you read that right. Why? The 2019 Housing Stability and Tenant Protection Act (HSTPA) flipped the script—capped rent hikes, eliminated deregulation, and reduced Landlord cash flow. Rent-stabilized Landlords - different from their free-market counterparts - can’t keep up with 8% tax jumps or soaring insurance costs, so this building turned into a fire sale. It

It used to be the ultimate guarantee to have a lease with the federal government. These days in Washington, D.C., long centered around federal employment, there's upheaval as Musk’s Department of Government Efficiency (DOGE) slashes office leases and prepares to sell off government properties nationwide. Since February, DOGE has canceled hundreds of leases across major cities. NPR reported that more than $100 million in savings resulted from terminating leases, while DOGE ass