Advocacy Issues A to Z

NAR’s Advocacy Group staff is working on a number of pressing public policy issues affecting the real estate industry and REALTORS®. Highlighted below are a few federal, state, and local issues and the staff experts working on that issue. Additional issues and information can be found in the Political Advocacy section of nar.realtor at www.nar.realtor/political-advocacy and the REALTOR® Party website at www.realtorparty.realtor. Use the staff directory for contact information at the end of the Resource Guide to contact staff.

Deduction for Sole Proprietors and Owners of Pass-Through Businesses

NAR successfully lobbied Treasury and IRS to clarify that the 20% deduction included in the Tax Cuts and Jobs Act of 2017 is effective in providing the maximum benefit permissible under the law for real estate professionals. Also following NAR discussions, IRS guidance provides a “safe harbor” of 250-hours of landlord-type activity per year to ensure that net real estate rental income qualifies for the deduction.
Directory, Federal Taxation
Federal Policy & Industry Relations
202-383-1083