Thanks to member engagement, REALTORS® have helped positively influence tax reform in some key areas. Both the House and Senate have agreed to maintain deductibility of state and local property taxes up to $10,000 and to maintain Section 1031 tax-deferred exchanges in their present form for real estate investments. BUT OUR WORK IS NOT DONE. We …
If you have not done so already, it is more critical than ever to take part in the NAR “Call for Action”, which will continue until the Senate acts on the Tax Reform legislation. The House of Representatives passed H.R. 1, the Tax Cut and Jobs Act, early Thursday, Nov.16, in a final vote of 227-205 …
Do you need another reason to urge Congress to pass meaningful tax reform and protect homeownership? The average list price in Maricopa County is up 28.1 percent at $549K above the Mortgage Interest Deduction (MID) threshold. Take a look at the latest local market data for detailed information about home values and sales in the County. …
In case you missed it, a current Call for Action and public advocacy campaign from the National Association of REALTORS® has been issued to urge Congress to pass meaningful reform and protect homeownership. Here are the facts: NAR is working to ensure that tax reform proposals do not raise taxes on homeowners, particularly middle class homeowners. …
By: Suzanne Brown, Director of Community & Government Affairs On May 23, 2017, the Scottsdale City Council, in a 7-0 vote, approved the new REALTOR® supported text amendment for the Temporary Signs portion of the city’s sign ordinance. The Scottsdale Area Association of REALTORS® (SAAR) has been working diligently with city staff and the …
By: Suzanne Brown, Director of Community & Government Affairs Recently, the Scottsdale Area Association of REALTORS® (SAAR) brought to everyone’s attention, via a timely “Call For Action,” the critical issues going on with proposed text amendments to the City of Scottsdale’s current sign ordinance. Since that time, SAAR has worked diligently with city officials and staff …
YOUR VOICE HAS BEEN HEARD! Due to an overwhelming response from Scottsdale’s REALTOR® community, the efforts of SAAR’s Government Affairs Committee and collaborations with REALTOR® champion council members, agenda items 16 and 17 regarding sign ordinance text amendments have been pulled from the agenda for this Tuesday’s council meeting (3/21/17). The proposed modifications to the …
Act now on this urgent call for action: As you may know, the SAAR Board of Directors voted in February 2014 to support the Desert Discovery Center (DDC) – an incredible, immersive experience that would draw visitors and residents alike to learn about the desert and our beautiful Sonoran Preserve. The DDC is good for your …
It’s a REALTOR® Party win!! The Fixing America’s Surface Transportation Act (FAST Act) has been signed into law. But most importantly, it has been signed into law with the G-Fees funding REMOVED! When Congress first presented the bill in July 2015, it included a proposal to fund a portion of the nation’s five year surface …
The House of Representatives Transportation and Infrastructure Committee is considering legislation to reauthorize surface transportation programs. One proposal would use Fannie Mae and Freddie Mac’s credit risk guarantee fees (g-fees) to fund transportation programs. The National Association of REALTORS® (NAR) strongly believes that taking g-fees would also prevent Fannie Mae and Freddie Mac from effectively managing …
