What owners and would-be buyers should know about the increased SALT deduction cap

… get off the fence and into the real estate market The SALT cap has a 1 percent yearly increase through 2029 before … hightax states wanted to double or even remove the SALT cap In the end the Senate version of the bill raised the SALT cap for individuals who itemized their deductions to $40000 …

By Jennifer White Karp |July 21, 2025 - 4:30PM
Is my co-op maintenance tax deductible? How does this work?

… … Yes if you own in a coop building a portion but not all of your maintenance will … percent range said Michael Esposito a certified public accountant at  Wilkin Guttenplan  He prepares financial statements for hundreds of NYC coops  Real estate taxes probably run in the 4055 percent …

By Brick Underground |February 7, 2025 - 12:30PM