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June is National Homeownership Month

June is National Homeownership Month, a time to share stories of lifechanging journeys and further our fight to increase access to homeownership for future generations.

As part of our monthlong celebration, NAR has partnered with the American Property Owners Alliance to promote a number of our shared priorities and policies. And, as the U.S. observes both Homeownership and Pride Month this June, weā€™ve also kicked off a new partnership with the LGBTQ+ Real Estate Alliance.

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Salt Lake REALTORSĀ® Work with City to Implement Innovative Affordable Housing Incentives

Using a Smart Growth Grant from the REALTORĀ® Party, the District of Columbia Association of REALTORSĀ® convened a panel of experts to present facts, figures, examples, and answers regarding the process of developing accessory dwelling units, now permitted in much of the nationā€™s capital.

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Sewer/Well/Septic

back to the Rural Outreach Initiative Page NARā€™s Well & Septic White Paper:Ā Ā  One of the major factors in determining the safety and value of both residential and commercial property is the presence of onsite water wells and septic/wastewater systems.Ā  Explore the advantages and disadvantages of public or city water versus onsite water systems, and will also look at the various different types of onsite well and wastewater systems News & Resources One Water Webinars:Ā  A monthly interactive forum the US Water Alliance, featuring webinars that cover hot topics in One Water management, and provide an opportunity to engage with...

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Housing Opportunity FAQs

Who is eligible to apply for Housing Opportunity grants? Applications can only be submitted by a state or local REALTORĀ® association. What are the maximum funding amounts? There are three levels of funding. Requests may be made up to the noted maximums; however, a lesser amount may be awarded based on the evaluation of the application. Level 1 ā€“ $3,000 maximum award Level 2 ā€“ $7,500 maximum award Level 3 ā€“ $15,000 maximum award How many grants can my association receive in a calendar year? An association can receive a maximum of one grant per funding level, each calendar year....

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Section 199A Deduction Examples

Example 1 Amy Agent is a single REALTORĀ® who operates as a sole proprietor and independent contractor.Ā  She received $100,000 in net commission income in 2018.Ā  She has no capital gains or losses.Ā  After claiming deductions not related to her business, including the standard deduction, Amyā€™s total taxable income for 2018 is $81,000.Ā  Her qualified business income (QBI) is $100,000, which is her gross commissions less her business deductions.Ā  Amyā€™s section 199A deduction for 2018 is equal to $16,200, which is the lesser of 20% of her QBI from her business as a real estate agent ($100,000 x 20% =...

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Peoria Area Association of REALTORSĀ® Jump-Starts Neighborhood Revitalization

Through the REALTORĀ® Partyā€™s new Transforming Neighborhoods Program, the Peoria Area Association of REALTORSĀ® welcomed a team of experts from the Counselors of Real EstateĀ® Consulting Corps to study the potential of two severely dilapidated neighborhoods, with an eye toward housing and economic development.Ā  The teamā€™s in-depth report will provide a road map for bringing these neighborhoods back to life.

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REALTORSĀ® Promote Affordable Housing for the Los Angeles Workforce

Summary:
The lack of affordable housing for Los Angeles County workers is driving businesses out of state. The Southland Regional Association of REALTORSĀ® is responding to the crisis with REALTORĀ® Party-funded programs like its recent ā€œHousing Our Workers Forum,ā€ which brought together local stakeholders and officials to discuss solutions.

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Miami REALTORSĀ® Create Better Block in West Coconut Grove

Teams of both YPNs and "Old PNs" (as they're affectionately known in Miami) came together with the University of Miamiā€™s School of Architecture to revive a vacant lot in West Coconut Grove with a new weekly marketplace and a vibrant landmark mural celebrating the area's Bahamian immigrant culture.

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