The One Big Beautiful Bill Act (OBBA) has passed both the House and Senate and was signed into law by President Trump on July 4th. The tax law changes affect individuals, businesses, real estate developers, and investors starting in 2025.

While many provisions are effective for tax year 2025, others hinge on construction start dates, acquisition dates, or the date of enactment, making planning and timing especially critical. Click the button below to view some of the selected provisions below.