Statement from NAR President Elizabeth Mendenhall on Conference Committee Bill

From NAR President Elizabeth Mendenhall:

"We remain concerned that the overall structure of this bill poses problems for homeowners and the broader housing market, but the conference committee has made some important improvements to the House and Senate legislation that ultimately will benefit some homeowners and communities. We are particularly pleased with the treatment of capital gains on the sale of a home and the preservation of deductions for second homes. We are also grateful that the positive changes for commercial real estate and real estate professionals from the Senate bill have survived."

Visit NAR's Tax Reform topic page

Issue Brief: H.R. 1 - the Tax Cuts and Jobs Act Conference Agreement

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