A Win for Homeowners: SALT Deduction Increase Offers Relief for Santa Barbara Residents

2025 President

Santa Barbara Association of Realtors

If you are a homeowner in Santa Barbara, you have likely felt the impact of the $10,000 cap on state and local tax deductions that was introduced several years ago. With high property values and corresponding property taxes, it has been easy for residents in our area to exceed that cap. As a result, many homeowners have seen higher tax bills and fewer opportunities to benefit from itemizing deductions…

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