April Highlights Fair Housing and Tax Day

April Highlights Fair Housing and Tax Day

April 2019

April is Fair Housing Month. As stewards of the right to own, use, and transfer private property, REALTORS® understand that fair housing protects the real estate industry and our businesses. We depend on a free, open market that embraces equal opportunity. In short, fair housing makes us stronger. This year, we will commemorate this important and historic milestone by highlighting four key issue areas that will set the tone for the future of fair housing.

On March 13, 2019, Rep. David Cicillini (D-PA) introduced HR 5, the Equality Act, in the U.S. House of Representatives. The Equality Act would amend the Fair Housing Act to provide protections for LGBTQ people in key areas of life, such as housing, employment, credit, public accommodations, and voting rights, and is aligned to NAR’s Code of Ethics. As we monitor this bill through the legislative process, we will continue to express our support. If the bill passes, we will work to address our policy issues as any regulations implementing it are developed.

We’ll also continue to work with and support our multicultural partners — the National Association for Hispanic Real Estate Professionals (NAHREP), the Asian Real Estate Association of America (AREAA), and the National Association of Real Estate Brokers (NAREB) — to address immigration housing rights, improving language access to financial materials, and gaps in African-American homeownership.

Don’t forget there are only four days until Tax Day! This is the first filing season that the impact of the 2017 Tax Cuts and Jobs Act will be seen as you are preparing your tax returns. If you still haven’t filed, we encourage you to review What REALTORS® Need to Know About the New Tax Law. There you’ll find helpful videos and other resources available to you. And as always, consult a tax professional if you have more detailed questions.

Comment(1)

  1. REPLY
    Jorge L. Reyes says

    I do not think the emphasize on fair housing has done anything for anyone other than for those at lower end of the market; Where there is not much money to be made to sustain a brokerage business. These fair housing laws just create more paperwork and impede good business. In my view, the customer gets to live wherever he or she wants as long as they can pay for it and there is a willing seller.

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