6 min

SCOTUS Rejects SALT Cap Challenge Real Estate News: Real Estate Investing Podcast

    • Investing

The Supreme Court has refused to step into the battle over the cap on SALT deductions. Several states sued to lift the cap on state and local tax deductions but the high court refused to hear the case. That leaves the matter up to Congress which hasn’t produced results so far, or to the states which in some cases have offered a work-around.

The Supreme Court has refused to step into the battle over the cap on SALT deductions. Several states sued to lift the cap on state and local tax deductions but the high court refused to hear the case. That leaves the matter up to Congress which hasn’t produced results so far, or to the states which in some cases have offered a work-around.

6 min