1️⃣ Preheat oven to 325°F (165°C) and grease a 10-inch tube pan.
2️⃣ Cream the butter and cream cheese in a large bowl until light and fluffy.
3️⃣ Gradually add sugar, then eggs one at a time, beating well after each addition.
4️⃣ Gradually add flour and salt, mixing well. Stir in vanilla extract.
5️⃣ Pour the batter into the prepared pan and bake for 1 hour 20 minutes.
6️⃣ Cool in pan for 15 minutes, then transfer to a wire rack to cool completely.