Tag Archives: SALT

Realtors praise Biden infrastructure plan’s focus on housing shortage

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The American Jobs Plan proposes building and retrofitting more than 2 million homes and commercial buildings. Continue reading →

Second stimulus package could roll back property tax deductions

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House Speaker Nancy Pelosi is reportedly mulling a rollback of the state and local tax (SALT) deduction cap implemented by changes to the tax code under President Trump. Continue reading →

House narrowly passes temporary repeal of SALT deduction cap

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The California Association of Realtors praised the passage of the bill, which lifts the cap imposed by Trump’s 2017 tax reform. Continue reading →