🎉 Major Tax Breaks for Homeowners!

In this newsletter, you’ll find:

• Latest Market Update! 📊

• Waterfront Home with Private Access 🌊

• 🔑 Unlocked MAJOR tax savings

• Just Dropped $10K!

• Fall Festival is Coming 🍂

Let’s dive in! 👇

Waterfront Home on Caney Fork River!

Don’t miss this rare opportunity to own a recently updated 2 bed, 2 bath home with private river access and year-round water views! Located on Luckey Lane, this well-maintained charmer offers the perfect retreat for nature lovers, anglers, or anyone seeking peace and privacy in a scenic setting. Enjoy morning coffee or evening sunsets with the Caney Fork River in your backyard, visible from inside and out! Thoughtful updates throughout the home offer comfort and style, making it perfect as a full-time residence, weekend getaway, or investment property..

🏡 Huge Tax Benefits for Property Owners!

The latest bill just unlocked major tax savings — bigger home-sale exclusions, new depreciation rules, and a SALT cap fix.

These are the three most important components of the bill as it relates to owning a home and investment property.

SALT Cap Raised

• State and Local Tax (SALT) deduction cap raised to $40,000, phasing out at $500k AGI.

• This also reverts back to $10,000 in 2030.

• This includes state and local income taxes, state sales tax, and personal property tax (hooray)

100% Bonus Depreciation Is Back (Rental Properties)

THIS ONE IS HUGE.

• What changed: You can now deduct 100% of the cost of qualified property (like appliances, flooring, land improvements, HVAC systems, and qualified interior improvements) in the year placed in service—no more phase-downs.

• Why it matters: Cost segregation studies just became super valuable again, letting you front-load deductions for properties bought or improved in 2025 or later.

• Applies to: Assets placed in service after January 19, 2025.

For landlords and investors in Tennessee’s growing rental market, this can make a substantial difference in your cash flow and tax strategy.

Capital Gains Exemption on Home Sales

The capital gains exclusion for the sale of your primary residence remains unchanged—and it’s still one of the biggest tax advantages for homeowners.

• Married couples can exclude up to $500,000 in gains from the sale of their primary residence.

• Single filers can exclude up to $250,000.

• You must have lived in the property for 2 out of the last 5 years.

Example: If you and your spouse bought a home for $500,000 and sell it for $1.2 million, your first $500,000 in gain is completely tax-free.

This is especially valuable in high-appreciation areas of Tennessee, where home values have surged in recent years.

Act Fast on the Solar Tax Credit

If you’ve been considering installing solar panels, take note:

• The up to 30% federal solar tax credit expires at the end of this year.

• Acting now can help you lock in significant savings while boosting your home’s energy efficiency and value.