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On Wednesday, August 8, the IRS released its proposed guidance on the new 20 percent business income deduction. The deduction, included as part of the Tax Cuts and Jobs Act passed in Congress last year, was a huge win for Realtors. With Wednesday’s announcement, that victory becomes even more significant for real estate professionals and… Continue Reading Big Win for Realtors in IRS Guidance on 20% Income Deduction

If you were tuned to the news Aug. 8 you might have heard the IRS released proposed regulations on the new 20 percent business income deduction for pass through businesses. IRS summary with link to FAQ. Proposed rules. The deduction was part of the big tax reform law Congress passed at the end of last… Continue Reading Big Win for REALTORS® on IRS Guidance for 20% Income Deduction

Last week, the U.S. Department of Treasury issued the latest in a series of reports aimed at improving regulation of the U.S. financial system. The report focuses on recommendations for nonbank financials, fintech, and innovation. NAR provided feedback on this initiative to Treasury earlier this year, highlighting a number of topics of importance to REALTORS®.… Continue Reading NAR Supports U.S. Treasury Efforts to Improve Financial Regulation, Foster Tech Innovation

By Kyle Malnati Real estate is a tough business; not for the faint at heart. Many of us work 60 to 70 hour weeks without any assurance that the deals we are working on will actually produce results. As an entrepreneur, you constantly wrestle with the thrill of victory and the agony of defeat. I… Continue Reading Overcoming Personal Adversity While Building a Real Estate Career

This blog highlights the findings of a May 2018 Realtor® University Center for Real Estate Studies[1] research paper that found that manufactured homes[2] have increasingly become safer, with customized designs that give them the look of site-built homes, while being highly affordable at half the cost of site-built homes. For 6.6 million households, manufactured homes… Continue Reading Manufactured Homes: Affordable, Safe, and Decent Housing for Aspiring Homeowners

What to expect from the local housing market? People are changing jobs every 4 years[1] on average, according to the U.S. Bureau of Labor Statistics. Since U.S. workers are changing jobs more frequently than a couple of years ago, we take a closer look at the most popular moving destinations and the local housing market… Continue Reading Where is the Workforce Moving?

Unemployment is low and the economy is growing—more more than 4 percent in the last quarter—but  home sales are actually going down for many real estate agents. The typical agent in the last year worked on 11 transaction sides, down from 12 sides the previous year. What’s going on? For starters, the inventory crunch is… Continue Reading Are You Competing for a Real Estate Pie That’s Not Growing?