What the New “Big Beautiful Bill” Means for Placer County Homeowners
Posted by Patrick Hake on
A newly passed federal law—nicknamed the “Big Beautiful Bill”—brings several tax changes that could impact homeowners and buyers right here in Placer County. Here’s what you need to know and how it might shape your decisions in our local real estate market.
What’s Changing
✅ Higher SALT Deduction Cap
The cap on State & Local Tax (SALT) deductions has jumped from $10,000 to $40,000 (phasing out for incomes over $500,000). This new limit lasts through 2029 and could help offset California’s higher property taxes.
✅ Mortgage Interest Deduction Made Permanent
The mortgage interest deduction (on loans up to $750,000) is now permanent—offering more predictable long-term tax planning for homeowners.
✅ Mortgage Insurance Premiums Deductible Again
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