Also in this bill:
Tax cuts for rich people while reducing benefits for the poor. When you factor in spending cuts to aid programs, those wealthiest households end up with an average 4 percent increase in after-tax income, while the bottom 20 percent of earners are docked by nearly that same percentage.
The bill will increase the deficit by $4.1 trillion, including interest over the next decade.
"no tax on tips" provision, with a $25,000 cap on the amount of tips workers can claim-experts say this means it will not help lower-income service workers.
The bill includes both direct and indirect cuts to Medicaid spending. CBO says the bureaucratic burden on beneficiaries will cut $280 billion in Medicaid spending over six years-in many cases because even many people who work (most recipients do) won't be able to navigate the red tape the bill imposes. Nearly 12 million Americans will lose coverage as a result of the bill, according to CBO, mainly due to the burdensome new requirements places on Medicaid recipients, and steps that make it harder to sign up, like limited enrollment periods and new paperwork requirements. The bill excludes Planned Parenthood and some other providers from Medicaid, reducing access to birth control and other reproductive care. The cuts could also force more than 140 rural hospitals to shut down obstetrics services or drastically curtail them.
The bill will cut federal spending on the Supplemental Nutrition Assistance Program (SNAP), which helps poor people buy food, by an estimated $287 billion over a decade.
The bill slashes spending on clean energy likely leading to job losses and China's domination of the clean energy sector. It removes tax incentives for wind, solar, and other renewable energy projects. It also ends subsidies of up to $7,500 for electronic vehicles purchased this year.
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Chess Dennis
Managing Member
Gambit Real Estate Services
Frisco TX
+1 (214) 632-3839
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Original Message:
Sent: 09-11-2025 05:07
From: Mo Choumil
Subject: EP 54: The Big Beautiful Bill: What Title Agents Need to Know Now
The Big Beautiful Bill is now law, and it's reshaping real estate from the ground up. In this deep-dive episode, Zina and Crosby break down the core tax reforms shaping the industry's future: from a permanent QBI deduction boost to a quadrupled SALT cap, to expanded opportunity zones. Whether you're guiding first-time buyers or handling due diligence on complex industrial projects, this episode gives you the talking points, tax angles, and compliance insights you need to lead in this next era of real estate.
What you'll learn from this episode
- How new permanent tax cuts boost housing affordability and buying power
- Why the QBI deduction bump to 23% is a game changer for real estate pros
- The long-term impact of preserving 1031 exchanges and mortgage interest deductions
- What enhanced SALT caps and LIHTC provisions mean for homeowners and developers
- How title professionals should adapt due diligence, valuations, and foreign investment compliance
Resources mentioned in this episode
- National Association of REALTORS®
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The Big Beautiful Bill: What Title Agents Need to Know Now
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Mo Choumil
CEO
Alltech National Title
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Mo Choumil
CEO
Alltech National Title
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