Author: www.nar.realtor - Tax Reform

What rental property tax deductions can clients buying commercial or rental real estate take? Here’s an overview of the main rental and investment property deductions.

Congress can, and should, pass a tax incentive to encourage the conversion of commercial buildings to residential units.

When one considers all the real estate tax increase proposals that were recommended over the past couple of years, the final bill is very good for the real estate industry.

This latest tentative agreement would ditch all but three tax increase provisions meant to impact higher-income Americans by closing so-called “tax loopholes.” Learn more.

A provision of the 2017 tax code puts a new obligation on local associations: You need to let your members know what portion of your dues goes toward lobbying.

Real Estate investors should talk with their CPA about whether they’re getting all the deductions in a post-tax reform world.

NAR’s federal advocacy team had one of its best years in 2019 with wins on many priorities.

The Internal Revenue Service this week released final guidance regarding a safe harbor to help owners of real estate enterprises determine whether they qualify for the new 20% deduction for “qualified business income.”

Both the House and Senate are in session this week. What issues should REALTORS® follow? Fannie Mae/Freddie Mac Designation; State and Local Tax Deduction Limitations; and U.S. Copyright Office Oversight.

Both the House and Senate are in session this week. What issues should REALTORS® follow? State of Minority Homeownership – JoAnne Poole (NAR) Testifies; FTC Oversight/Privacy and Data Security; Potential Markup of Money Laundering Legislation; and Tax Gap/Taxpayer Noncompliance.