Buried In The HEROS Act, A Plan To Restore SALT Tax Deductions Could Add $1 Trillion In Housing Value

Buried In The HEROS Act, A Plan To Restore SALT Tax Deductions Could Add $1 Trillion In Housing Value

A Briarcliff, NY 5-bedroom house with 5,568 square feet on 2.41 acres. Asking Price: $914,222; … [+] Taxes: $55,641

Mark Seiden Real Estate

On May 15, Congress passed a $3-trillion stimulus bill called the HEROES Act. Buried inside the bill is a measure that would reinstate the so-called SALT itemized deductions for 2020 and 2021. The bill now goes to the Senate, where it will be picked…

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