The federal state and local sales tax (SALT) deduction cap is higher this year, and could translate into bigger savings for ...

The One Big Beautiful Bill Act, recently signed into law by President Donald Trump, contains some measures that could help ...

Hawaii homeowners—especially in high-cost areas like Honolulu and Maui—are poised for tax relief as the SALT deduction cap jumps to $40,000. The share of over-cap taxpayers drops from 7.7% to ...

Illinois homeowners—long burdened by some of the nation’s steepest property taxes—will see relief as the SALT deduction cap ...

From increased deductions on mortgage interest to more incentives for low-income housing construction, the 'Big Beautiful ...

“The [law] is going to have very little immediate impact on the housing market because the changes aren’t going to hit people’s wallets for a year or two,” says Stephen Kates, CFP, financial analyst ...

The tax deduction benefit will only apply to HELOC money utilized, not the line of credit approved. In other words, say you secured a $20,000 HELOC but didn't use the line of credit in the ...

Rental property tax deductions allow you to claim the cost of repairs, maintenance, taxes, ... If you do qualify as a real estate professional, you don’t face the $25,000 limit on rental losses.