In 2026, three key real estate tax strategies include the permanent restoration of 100% bonus depreciation, allowing immediate full cost deduction of qualifying property; the deadline for recognizing deferred capital gains from Qualified Opportunity Funds invested by 2021, with continued tax-free growth of principal; and rural Opportunity Zone bonuses that triple tax step-up benefits. Additionally, the SALT cap increase to $40,000 enhances state tax deductions, while depreciation recapture at 25% remains a critical factor in investment planning.