Tax Reform Archive

To Get Higher Sale Price, Client Could Refinish the Floor

What does it cost to make old hardwood floors look new again? Let’s say it costs $3,000. That’s a lot of money, especially for owners who just want to get their house on the market and be done with...

Learn How Tax Reform Might Affect Your Business

Note: The tax reform webcast being hosted by NAR on this topic is postponed because of a scheduling conflict. Registrations are not being taken at this time. Sorry for any inconvenience.–Robert Freedman, director, multimedia communications, National Association of REALTORS®....
June 29, 2017

Fox News Host: Tough Road for Tax Reform

Congress likely will pass health insurance reform this year, but it’s less certain whether lawmakers will be able to tackle tax reform before switching their focus to re-election in 2018, “Fox News Sunday” host Chris Wallace said at the...

Tax Plan Could Hurt Homeowners

The tax plan released by the Trump Administration earlier this week puts the real estate industry at the center of the debate over how to make the country’s tax code simpler, fairer, and better at generating economic growth in...

In a Long Tax Process, a Time to Stand Up

Tax reform is a topic that comes up every few years and now we’re at the beginning of another possible go-round, but this time it’s a little different because the Senate Finance Committee wants to start from scratch. That’s...
July 10, 2013

Tax Reform, Fixing Mortgage Rules High on 2013 Obama Agenda

Coverage of the 2013 State of the Union speech: President Barack Obama in his first State of the Union speech since winning election to a second term said the federal government needs to streamline rules that are making home...
February 13, 2013

Tax Reform: REALTOR® Engagement to be Key

Tax reform remains a possibility this year and should the conversation about it begin members of Congress will benefit hearing from REALTORS® to reduce the chance they make decisions that could hurt markets, a lawmaker, Hill staff, and analysts...
January 31, 2013

Reminder: 3.8% Tax to have Minimal Real Estate Impact

Tax time is nearing and once more rumors are circulating on the Internet and by e-mail that the health care reform law enacted two years ago includes a 3.8 percent transfer tax on real estate starting in 2013. That...
February 15, 2012

Obama Jobs Plan Includes Real Estate Effort

By Robert Freedman, Senior Editor, REALTOR® Magazine The $447 billion jobs initiative President Obama introduced last night, called “The American Jobs Act,” contains some pieces that aim to boost home mortgage refinancing, rehab homes, cut taxes for small businesses, boost...
September 9, 2011

From Public Policy Battle Chaos, Flags of Success

By Robert Freedman, Senior Editor, REALTOR® Magazine After Maine lawmakers in 2009 approved tax increases on goods and services and voted to convert the state mortgage interest deduction and other itemized deductions into a tax credit, the Maine Association...