The One Big Beautiful Bill Becomes Law: Key Real Estate Tax Changes

Signed into law on July 4, 2025, by President Trump, the One Big Beautiful Bill Act has ushered in significant changes to the landscape of real estate taxation. This new legislation not only extends but also modifies key provisions from the Tax Cuts and Jobs Act of 2017, providing a fresh wave of business incentives and reforms that are particularly beneficial to the real estate industry.

The Act’s implications are far-reaching. It offers a myriad of opportunities for taxpayers to reduce their tax burdens, with notable expansions in benefits for Opportunity Zone investors. This move is expected to increase the availability of low-income housing and new markets tax credits, fostering a more inclusive economic environment.

Congress passes amendments

Interestingly, the Act omits some of the more controversial proposals from previous versions, such as the so-called “Revenge Tax.” Instead, it introduces new incentives for qualified production activities, which are poised to encourage onshoring of manufacturing.

Key Provisions

One of the standout features of the Act is the permanent extension of the 20% deduction under Section 199A for certain individuals, trusts, and estates. This extension is a boon for those involved with partnerships, S corporations, and sole proprietorships, as well as those receiving qualified REIT dividends.

Moreover, the Act reinstates the 100% bonus depreciation under Section 168(k) for qualified property, a move that is expected to stimulate economic activity by encouraging investment in tangible personal property.

Looking Ahead

As the real estate sector begins to navigate these changes, all eyes will be on the Internal Revenue Service (IRS) and the Treasury for further guidance. The continuous monitoring and updates from these bodies will be crucial in ensuring that businesses and investors can effectively leverage the new opportunities presented by the Act.

For more detailed insights, readers can explore the impact on energy-related tax credits and other related topics on the Jones Day website.

More Articles

Getting licensed or staying ahead in your career can be a journey—but it doesn’t have to be overwhelming. Grab your favorite coffee or tea, take a moment to relax, and browse through our articles. Whether you’re just starting out or renewing your expertise, we’ve got tips, insights, and advice to keep you moving forward. Here’s to your success—one sip and one step at a time!

Navigating Online Real Estate Education with Investopedia’s Comprehensive Review

Investopedia has embarked on a comprehensive journey to evaluate online real estate schools, aiming to guide both aspiring and current real estate professionals in selecting the best educational options.

Not Music to the Ears: How Spotify’s Algorithms Are Changing Art Itself

Spotify, the Swedish audio streaming giant, is under scrutiny for its impact on the music industry. As detailed in Liz Pelly's critical examination, "Mood Machine: The Rise of Spotify and the Costs of the Perfect Playlist," Spotify's algorithms are reshaping music consumption by prioritizing passive listening over artistic creativity. This shift has significant implications for musicians and the future of music as a whole.

By |June 1, 2025|Categories: Article, Digital Privacy, Music Industry|Tags: |0 Comments

President Trump’s Return: A Flurry of Executive Orders in 2025

President Donald J. Trump, inaugurated as the nation's 47th president on January 20, 2025, wasted no time in fulfilling his campaign promises with a series of executive orders on immigration, trade, energy, and federal workforce policies.

By |May 31, 2025|Categories: Article, Politics, Public Policy|Tags: , |0 Comments

Indiana to Adopt New Bar Exam Format in 2028

Indiana is set to transition to a new bar examination format in July 2028, as announced by the National Conference of Bar Examiners (NCBE). This change marks a significant shift from the current Uniform Bar Examination, which the state has utilized since 2021.

By |May 31, 2025|Categories: Article, Education, Law|Tags: , |0 Comments

Laura Elleby: From Medical Sales to Luxury Real Estate Visionary

In the realm of real estate, adaptability and tenacity are essential traits for success, as exemplified by Laura Elleby's remarkable journey. Transitioning from a career in medical device sales to the luxury real estate sector, she has leveraged her skills and determination to become a leading figure in the industry.

Making Homeownership a Reality: First-Time Home Buyer Grants

In a world where the dream of owning a home often seems just out of reach, first-time home buyer grants are emerging as a beacon of hope.

By |May 30, 2025|Categories: Article, Personal Finance, Real Estate|Tags: , |0 Comments