Taxes

With Polling and Issues Mobilization Campaign, Montana REALTORS® Deny Ballot Access to Damaging Property Tax Initiative

A “Decline to Sign” campaign aimed at Montana voters helped to keep a proposed constitutional amendment off the ballot; though the initiative sought to exploit widespread public angst over residential property taxes, it would actually have replaced the state’s market-value based property tax system with an acquisition-value based system that…...

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April Highlights Fair Housing and Tax Day

April is Fair Housing Month. REALTORS® understand that fair housing protects the real estate industry and our businesses. In short, fair housing makes us stronger. It’s also 4 days until Tax Day. We encourage you to review What REALTORS® Need to Know About the New Tax Law and other resources…...

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State Capital Gains Tax Rates

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…...

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Ohio REALTORS® Achieve Double Legislative Victory on the Tax Front

Because an Ohio law required businesses and individuals to file taxes in every jurisdiction where they'd earned income, most Ohio REALTORS® faced a costly and time consuming administrative burden at tax time. But all that is about to change thanks to an Issues Mobilization Grant, which helped secure a streamlined…...

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Wyoming REALTORS® Derails Tax on Services Threat with Timely Advocacy

When a bill proposing a tax on all services that had expired in the statehouse last fall suddenly came back to life with no debate or public testimony, the Wyoming Association of REALTORS® didn’t cross its fingers and hope for the best. Member response to a call for action may…...

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Missouri REALTORS® Form Coalition to Fight Sales Tax on Services

Missouri REALTORS® are no stranger to the threat of sales tax on services. With the help of a REALTOR® Party Issues Mobilization Grant and coalition support, the 20,000-member association is ambitiously attempting to amend the state constitution to ban a sales tax on services. By appealing to the general public,…...

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