
OBBB Raises The SALT Deduction To $40,000, Reducing Cost Of Homeownership The $750 Cap On Mortgage Interest Deductions Is Made Permanent For 1st/2nd Loans Those Who Put Less Than 20% Down Can Deduct Mortgage Insurance The federal government's One Big Beautiful Bill (OBBB) became law on July 4th, resulting in the most significant transfer of wealth from lower and middleincome Americans to the...