New Tax Bill Could Put More Money in Your Pocket if You Buy, Sell, or Invest in South Florida Real Estate
New Tax Bill Could Boost South Florida Real Estate in a Big Way
In a move that could bring real benefits to South Florida homebuyers, sellers, and investors, the U.S. House of Representatives recently passed a major tax reform package. Known as the “Build It in America Act,” this legislation includes key changes that make the real estate landscape more favorable for those working in or relying on the housing market.
If you're thinking about buying, selling, or investing in real estate in Miami-Dade County or South Broward, this news could affect your plans in a big way. Let’s unpack what the bill includes and how it might play out in neighborhoods like Coral Gables, Doral, Kendall, Homestead, Pinecrest, and beyond.
What the New Tax Bill Does
The bill includes several wins for real estate professionals and property owners, especially those who operate as small business owners or investors. Here are the main points you should know:
1. Repeals IRS Rule Requiring Form 1099-K for Small Business Transactions
Under previous IRS rules, anyone who received more than $600 through apps like PayPal, Venmo, or Zelle for business purposes had to file a 1099-K. The new bill eliminates this requirement.
Why it matters here:
Many real estate professionals in South Florida are independent contractors or small business owners. This change removes a lot of red tape, giving agents more time to focus on serving clients and growing their business instead of dealing with unnecessary paperwork.
2. Preserves the 20 Percent Qualified Business Income Deduction
The bill keeps the 20 percent deduction for pass-through business income. This is great news for self-employed agents, team leaders, and small brokerages.
What this means locally:
Real estate professionals in areas like South Miami, Palmetto Bay, and Hialeah can continue reducing their taxable income, freeing up resources to reinvest in their business, offer better service, and help clients navigate a competitive market.
3. Extends 100 Percent Bonus Depreciation Through 2026
The bill extends the ability for investors to deduct the full cost of property improvements in the year those upgrades are made.
This is big for investors:
Whether you’re flipping homes in Miami Gardens or updating rental properties in Miramar, this gives you the chance to reduce your taxable income significantly. That’s more cash in your pocket and stronger returns on investment.
How This Impacts Buyers in South Florida
If you’re a buyer looking in neighborhoods like Kendall, Cutler Bay, or West Miami, here’s why this matters.
When investors and sellers make improvements to properties, buyers benefit from better inventory. More updated homes hit the market, which can reduce your need to do repairs or upgrades after closing. On top of that, more agents and lenders staying financially healthy means stronger support for you during the transaction.
Helpful tools for buyers:
What This Means for South Florida Sellers
If you’re thinking about selling in Pinecrest, Coral Gables, or Palmetto Bay, these tax changes may work in your favor. With bonus depreciation back on the table, investors have more motivation to buy homes that need updates. That increases demand for older homes or properties with upgrade potential.
Sellers can also benefit from working with well-supported agents who are now less burdened by small-business tax confusion and can spend more time marketing and negotiating for you.
Helpful tools for sellers:
A Strong Win for South Florida Real Estate Investors
Investors from Pembroke Pines to Doral are already taking note of how this tax bill gives them more flexibility and better returns. The ability to deduct renovations right away, rather than spreading the cost out over many years, helps flippers and rental property owners alike.
Add in the preserved business income deduction and this is a solid financial incentive for growth-minded investors.
Investment tools to check out:
What’s Next and Why It Matters
Although the bill still needs to make it through the Senate, the direction is clear. Real estate professionals and property owners are gaining more tools to build, grow, and reinvest. That kind of momentum often leads to a more active housing market.
If you’ve been waiting for the right moment to make a move in South Florida, this might be it.
Visual Suggestion
Infographic Idea:
A clean, easy-to-read visual titled “3 Ways the New Tax Bill Helps South Florida Real Estate”
Include:
- Small business tax relief (agent and brokerage-friendly)
- Investor-friendly bonus depreciation
- Home upgrade incentives for buyers and sellers
Pair it with a photo of Brickell’s skyline, Coconut Grove’s marina, or a renovated home in Palmetto Bay for visual impact.
Final Thoughts
Tax policy may not sound exciting, but this bill has real-world benefits for buyers, sellers, and investors across South Florida. Fewer reporting headaches for agents, more incentives for investors, and a stronger support system for everyone involved in a real estate transaction.
Whether you're searching for your first home in Homestead, selling in West Miami, or investing in a triplex in Hialeah Gardens, these new changes create real opportunities.
Ready to take the next step? Let’s make your move a smart one.
Julio N. Suarez, P.A. - LPT Realty
Your Local South Florida Real Estate Expert
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