Category Archives: Federal

Corona Virus Legislation for REALTORS

Corona Virus Emergency Legislation-What REALTORS need to know Congress is speeding toward passage of emergency corona virus legislation. The bill passed by a wide margin early Saturday in the House and is headed to the Senate next week, where it

NAR Government Affairs Update

Below is a brief update on some issues moving in Washington D.C. this week. The one I would like to draw your attention to is the USDA rural housing issue. If you know a USDA borrower that has not received

BREAKING NEWS from National Association of REALTORS…TAX WIN!

January 24, 2019 Tax Win: IRS Provides Clear Test on How 20% Deduction Applies to Rental Income, Exchanges The Internal Revenue Service has issued final rules on the 20 percent business income deduction (Sec. 199A of the Tax Code) that

Government Shutdown & Real Estate from National Association of REALTORS

What a Government Shutdown Means for REALTORS® As of midnight on December 21, 2018, the President and Congress were unable to agree on the provisions of a Continuing Resolution (CR) to fund the federal government. As a result, a partial

Update from National Association of Association Political Representative

Flood Insurance Update: Congressional Leadership has assured us that Flood Insurance will be renewed by 11/30, most likely through a Continuing Resolutions. Like most of the extensions, expect it to pass very close to, if not at the deadline on

NAR Supports Remote Notarization

November 5, 2018 Breaking News: NAR Approves Policy Supporting Remote Notarization The NAR Board of Directors at its meeting today in Boston approved a policy that puts NAR on record in support of laws, regulations, and standards that advance remote