Most real estate professionals are familiar with capital gains taxes especially at the federal level. Meanwhile, state capital gains tax rates might also impact the bottom line. Capital gains taxes are paid at the time of sale of an asset (i.e. real estate). As of May 2018, Guam has the highest maximum rate at 20 percent whereas North Dakota has the lowest maximum rate at 2.9 percent. Download State Real Estate Capital Gains Rate Chart (log-in required) to learn what your state’s capital gains tax rate.
REALTOR® Party Resource Guide
Check out the REALTOR® Party Association Resource Guide to learn more about community outreach, campaign services, RPAC and political fundraising and grassroots grant, program, education opportunities and much more. Also, review what programs and resources qualify for the new Vote, Act and Invest Core Standards’ requirements. DOWNLOAD TODAY! Please note that some of the links in the REALTOR® Party Resource Guide may not work given the transition from the REALTOR® Action Center to the realtorparty.realtor website.
Kansas REALTORS® Use Issues Mobilization to Prevent Local Property Tax Increases
The REALTOR® Party’s Issues Mobilization Grant provides financial assistance to state and local REALTOR® Associations to support effective advocacy campaigns on public policy issues that affect REALTOR® interests. The Kansas Association of REALTORS® is just one example of how an association has used this program to successfully stave off local property tax increases.
INS: NAR Board OKs Stepped-up Ethics Enforcement, Dues Increase
The NAR Board of Directors at its meeting in Washington May 19 took a major step toward increasing professionalism in real estate by giving associations new teeth for enforcing Code of Ethics violations, and it also positioned REALTORS® for the future by adopting the association’s first dues increase in eight years. READ MORE: https://www.nar.realtor/internal-news-service-special-report-legislative-2018 Advocacy-related Updates S.M.A.R.T. Budget Approved In a major move to keep REALTORS® positioned for success into the future while ensuring NAR no longer needs to use reserves to cover expenses, the board approved a budget that sets national association dues at $150 per year per member beginning...
Celebrating National Homeownership Month
Throughout June, National Homeownership Month, we recognize the vital role REALTORS® play as stewards of the American Dream of homeownership. This is an excellent opportunity to encourage people around the country to learn more about homeownership opportunities and financial management plans.
Greensboro REALTORS® Tackle Additions to City Zoning Code
When a fatal apartment fire triggered a knee-jerk reaction from the City Council to amend the municipal zoning code, the Greensboro Regional Association of REALTORS® used the REALTOR® Party’s Land Use Initiative to commission a thorough analysis of the changes. The report informed significant changes to the language, and the REALTORS® continue to work with the lawmakers to refine and improve it.