Realtors in America advocate for tax reforms that emphasize homeownership's role in achieving the American Dream and community strength. They highlight key provisions such as permanent lower individual income tax rates, a 20% qualified business income deduction, and a significant increase in the SALT deduction cap. These reforms aim to bolster the real estate economy, supporting first-time buyers and existing homeowners while stressing the importance of collective advocacy. However, new SALT changes do not benefit taxpayers with high adjusted gross incomes above $600,000.
We delivered that message backed by original research, trusted polling data, and the real-world expertise of more than a million Realtors living and working in every ZIP code in America.
The bill includes several long-sought policy priorities for the organization, including A permanent extension of lower individual income tax rates A permanent 20% qualified business income deduction (Section 199A) A five-year, fourfold increase... to the state and local tax (SALT) deduction cap.
This bill reflects what happens when Realtors work together to educate lawmakers and advocate for policies that benefit every American.
These provisions form the backbone of the real estate economy from supporting first-time and first-generation buyers to strengthening investment in housing supply and protecting existing homeowners.
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