The OBBB And Housing
By Susan Isaacs, Real Estate Strategist, Washington DC | N Virginia Top Agent
(Compass)
When the One Big Beautiful Bill Tax Act (OBBB) passed, some touted its homebuyer benefits along with tax relief and economic revival. That was misleading. The truth is that the bill includes zero relief for today's home buyers and sellers. Only perks for developers and investors tie directly to the bill--along with tax advantages for the wealthy.Direct perks for developers and investors that aren't a direct benefit to home buyers and sellers: Permanent Extension of 100% Bonus Depreciation: Allows businesses, including developers, to deduct the entire cost of certain assets in the year they're placed in service Expansion of Qualified Opportunity Zones (QOZs): Makes permanent the program offering investors tax deferrals and potential capital gains exclusions for investing in designated lo...
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