There is a lot of discussion on social media about whether or not the public knows what a REALTOR® is and whether or not anyone cares. I am a REALTOR®. Not everyone who obtains a real estate license joins their local, state and the National Association of Realtors and if you don’t join you are licensed to sell real estate but you are not obligated to follow the REALTOR Code of Ethics and you don’t participate in many of the things that the National Association of Realtors does for the public…the following is the text we are being asked to sign and send to our Senators so that all of the tax benefits of home ownership that owners now enjoy won’t be reduced.
Tax Reform is underway on Capitol Hill. The Senate has adopted a “Blank Slate” approach that initially eliminates every provision in the tax code, including those that encourage real estate ownership and investment.
Senators must submit their tax reform priorities to Senate leaders by July 26th. REALTORS® need to make their voices heard now so real estate provisions are on the top of the Senators’ lists.
When approaching tax reform, Congress needs to be careful not to adversely affect the unique legacy of homeownership and real estate investment. It is precisely this legacy that has contributed to our country’s historical prosperity and the revitalization of today’s economy.
REALTORS® must stand united that tax reform should above all “Do No Harm” and encourage Congress to retain tax provisions vital to real estate.
Please contact your Senators today.