1031 like-kind exchange rules permit the deferral of taxes, so long as the taxpayer satisfies numerous requirements and consummates both a sale and purchase of replacement property within a certain timeframe.
In response to the coronavirus pandemic, NAR has provided resources to help its members stay safe, manage the crisis, and begin to rebuild afterwards.
ACT! helps ensure that REALTORS® on the ground are the best ambassadors they can be for the future we want to build together as Americans.
Our industry offers exceptional opportunities to build wealth, but we also face extraordinary personal responsibility to manage our resources when faced with income fluctuations.
Sharp increases in home prices and a lack of housing inventory in the U.S. have resulted in a housing affordability crisis, where both rental homes and homes for purchase are beyond the reach of low- and middle-income families.
This January, the start of the new decade also marked the launch of the Broker Engagement Committee and Broker Engagement Council.
This population count allows the federal government to better understand demographic information within states and localities across the country, and helps ensure that states and localities have proper representation in Congress.
Homeownership provides immense benefits for our country (economic growth), local communities (civic and charitable engagement), and for families (wealth building and performance outcome of children).
Which way is the $19 trillion income-generating economy headed? Not as strong.
NAR is committed to ensuring homeownership is always in reach for those who have worked hard and have made the sacrifices necessary to secure a mortgage.