Volume 6, Issue 20: July 19, 2013
TAX REFORM CALL FOR ACTION: DON'T LET YOUR BUSINESS PAY THE PRICE FOR YOUR INACTION! Take a stand for your business and the real estate industry by responding to this NAR Call for Action today!
Congress is planning "blank slate" tax reform. That means that all tax expenditures (including tax deductions such as the mortgage interest deduction and tax exemptions like the capital gains exemption) will be removed from the tax code and then Senators will have to request that tax expenditures be added to the reform legislation. Let's make sure that tax expenditures like the mortgage interest deduction remain in place!