Author Archive

Charity Deduction Faces Same Tax Reform Risk as MID

Of all the itemized deductions, the one for charitable contributions might seem to come out the best under tax reform. That’s because it’s the only deduction under both the House and the Senate versions of the bill that is...
November 27, 2017

How 3 Agents Used Real Estate to Pay Off Student Debt

Three millennial real estate professionals say their jobs were key in helping to retire student loan debt and get on track toward a stable financial future....
November 5, 2017

GOP Strategist: Tax Reform Won’t Pass

Congress isn’t going to approve the tax reform bill introduced in the House this week, Republican campaign strategist Steve Schmidt predicted during a federal legislative and political forum at the REALTORS® Conference & Expo on Saturday. Only the country’s...
November 4, 2017

REALTORS®’ Difficult Argument Against Tax Proposal

REALTORS® have the challenging job of explaining why the GOP’s tax reform proposal isn’t good for homeowners, even though on the surface, the bill appears to offer some benefits for middle-class households. In reality, the changes will lead to...
November 3, 2017

Another Short-term Flood Insurance Extension Likely

The National Flood Insurance Program will likely get another short-term extension before its Dec. 8 expiration date, NAR Senior Legislative Policy Representative Austin Perez told REALTORS® at a federal legislative forum Friday at the 2017 REALTORS® Conference & Expo...
November 3, 2017

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...

What Does President Trump’s Association Health Plan Executive Order Do?

The executive order President Trump signed on Oct. 12 to expand association health plans (AHPs) is of interest to REALTORS® because NAR has a longstanding interest in these types of health plans. But it’s important for real estate professionals...
October 18, 2017

Why Doubling the Standard Deduction Won’t Help Most Homeowners

One of the most talked-about provisions in the tax reform framework that the Trump Administration and Republican congressional leadership released a few weeks ago is the doubling of the standard deduction. Of all the changes the framework would make,...

If You’re In a Hurricane-Hit Area, the Federal Government Might Have a Job for You

The U.S. Small Business Administration is looking for damage verifiers in the parts of Texas and Florida that were hit by hurricanes. Damage verifiers are people who use their knowledge about real estate to give the agency their assessment...

Small Markets See 4% Gain in Commercial Property Sales

Smaller commercial properties in secondary markets are still attracting buyers at good prices, but demand for big-market mega-properties appears to be easing, NAR second-quarter data suggest. Large markets saw a 5 percent annual decline in sales, while smaller markets...