When you think of the National Association of Realtors, you probably don't think the organization has anything to do with you unless you are a licensed Realtor. Think again. Real Estate professionals are your advocates, both in transactions and on the sidelines. As the Tax Reform bill heats up in the public eye, representatives from N.A.R. have been diligently working behind the scenes in favor of the public sector, lobbying with a passion in order to protect and preserve important key elements of the tax code. Our individual agent association fees and donations helped support the efforts of the N.A.R.
The National Association of REALTORS® (NAR) worked throughout the tax reform process to preserve the existing tax benefits of homeownership and real estate investment. Many of the changes reflected in the final bill were the result of the engagement of NAR and its members, not only in the last three months, but over several years. Here are some key items:
Cited from the National Association of Realtors, 2017.