mortgage interest deduction Archive

3 Surprising Revelations at the REALTOR® Party Convention

I’m a bit floored. There are all kinds of obscure laws — or would-be laws — pertaining to real estate that can throw practitioners for a loop. But three points of discussion came up during Wednesday’s sessions at the...
May 14, 2014

Budget Plans: Any Impact on Real Estate?

Tax provisions are once again under discussion as lawmakers look at dueling budget plans The federal budget process for next year began last week with release by the Senate and House budget committees of their fiscal 2014 plans. The...
March 18, 2013

Fiscal Cliff: What’s at Stake for Real Estate

The “fiscal cliff” has quickly become a commonly used term, but exactly what it means isn’t all that clear, especially for real estate. At it’s most basic level, it refers to sweeping tax cuts enacted a decade ago that...
December 11, 2012

Consumers, Economists See MID Differently

There are academics and there are consumers, and on the topic of whether the mortgage interest deduction should be modified as the federal government looks for ways to shrink its budget deficit, the opinions couldn’t be more divergent. Consumers...
December 11, 2012

Obama: Don’t Take Away MID for Middle Class

Commentators, bloggers, and the Twitterverse have been abuzz with praise for the rousing speeches coming out of the Democratic National Convention in Charlotte, N.C., this week, culminating Thursday night with President Barack Obama accepting his party’s nomination. But now...
September 7, 2012

NAR Participates in Conventions

Representatives from the National Association of REALTORS® were in attendance at both the DNC and RNC, appearing and speaking at various real estate-related forums in support of housing issues. During the North Carolina and Charlotte REALTOR® associations’ breakfast Wednesday...
September 7, 2012

Budget Again Includes Unpopular Curb on MID, Other Deductions

The value of the mortgage interest deduction (MID) and other itemized deductions for wealthier households would be trimmed in the fiscal 2013 budget proposal President Barack Obama released yesterday, but as in the previous three years, the proposal is...
February 14, 2012

No Deal from Super Committee: What Next?

By Robert Freedman, senior editor, REALTOR® Magazine The first thing to note about the congressional super committee’s failure to agree to deficit cuts is that MID is spared for the time-being. Among the deals the members of the deficit-cutting...
November 23, 2011

What Hurricane Irene Can Teach Us

By Katherine Tarbox, Senior Editor, REALTOR® Magazine It took me some years to figure this out: The moment you take something for granted, you’ve lost it.  I’ve had to learn this lesson enough times when it comes to the most...
August 30, 2011

Apps and Naps: Defining the REALTOR® Future

Editor’s Note: REALTOR Magazine welcomes guest blogger Jeremy Conaway with his take on the proposed Political Survival Initiative. Conaway is an expert in the field of real estate brokerage, association, and MLS design, and a leading strategist in the...
May 6, 2011