A tax reform plan by the House Ways & Means Committee would eliminate the property tax deduction, double the standard deduction, and lower tax rates. Also being considered is repeal of 1031 tax-deferred exchanges. REALTORS® expressed concerns over the changes at a meeting two weeks ago with leaders of the Ways & Means Committee. The video also looks at the penalties imposed on two real estate brokerages for marketing service agreements they entered into with a lender. The federal government says the agreements were unlawful referral-fee arrangements. Other video stories: the latest home-price trends, the importance of pets in household housing decisions, and recognition NAR has received for its energy-efficient Washington building.
- 9 years ago
ngfmarketing
NAR Update: Tax Reform and RESPA Fines
Related Post
-
July 2025: Key Market Indicators Report
Key Market Trends: July 2025 Sales in Loudoun County went up for the 11th straight…
-
New Virginia Septic Inspection Requirements
The Virginia Onsite Wastewater Recycling Association (VOWRA) Answers Questions About the New Virginia Septic Inspection…
-
June 2025: Key Market Indicators Report
Key Market Trends: June 2025 Sales continued to rise in Loudoun County. Sales activity increased 1.3%,…