Speaker 1: It is time for your true real estate nine one
Speaker 1: one midway up date with your local real estate pro Lisa. True.
Speaker 1: Of course, Independence Day you have the President signing the
Speaker 1: One Big Beautiful Bill Act, and there are a lot
Speaker 1: of changes that go along with the BBB. What about
Speaker 1: the impact on real estate locally, Lisa's taking a look
Speaker 1: at that. Tell us about it.
Speaker 2: Yes, I think first of all, everybody thinks this is
Speaker 2: going to solve every single issue with every property. Even
Speaker 2: with this, overpricing your property and under marketing your property
Speaker 2: will cause what many listeners are experiencing, homes not selling.
Speaker 2: But there's some great news with real estate in this bill.
Speaker 2: Number one mortgage insurance deductions that's now permanent. The salt
Speaker 2: deduction is going to help. Mainly are luxury buyers. However,
Speaker 2: luxury buyers bring other buyers with them. The state and
Speaker 2: local tax deduction has increased substantially. And then here's the
Speaker 2: big one. If you are an investor or thinking about
Speaker 2: being an investor, the one hundred three percent bonus depreciation
Speaker 2: and full expensing is a big one. It's going to
Speaker 2: cause I think a lot of people to look at
Speaker 2: investments that maybe would have stayed on the sidelines.
Speaker 1: That's really good and interesting information. And you know, also
Speaker 1: the Salt piece because a lot of people were thinking, well,
Speaker 1: we're not New York, but we certainly have a lot
Speaker 1: of people that own property in New York.
Speaker 2: Absolutely, and I'm getting lots of questions about what's happening
Speaker 2: in New York City. And honestly, I think that again
Speaker 2: is going to help us. They understand the risk to
Speaker 2: their financial future. Those sitting on the fence are getting
Speaker 2: off the fence and are looking at Florida for sure,
Speaker 2: Palm Beach County as one of the beneficiaries of what's
Speaker 2: going on in New York City.
Speaker 1: When you're thinking about real estate, you should be thinking
Speaker 1: about getting in touch with the truths. They can help
Speaker 1: you out understand all of this. They can help you
Speaker 1: make use of all this. Call them five six one, nine,
Speaker 1: seven to two eighty three twenty six, visit True real
Speaker 1: Estate nine to one one dot com, or just google
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