In a letter dated March 10, 2017, NAR 2017 President William E. Brown urged new Treasury Secretary Steven Mnuchin to protect the current tax benefits of homeownership as the Trump Administration seeks to reform the federal income tax system. Referring to recent media reports where Mnuchin promised to leave “the mortgage interest deduction as is,”Continue reading “Nation: NAR Urges Mnuchin to Protect MID”
Tag Archives: tax benefits
Nation: Tax Reform Proposals Hurt MID
Evan Liddard, a NAR tax policy analyst, says we should be wary of recent tax reform proposals that claim to protect the mortgage interest deduction (MID). Liddard spoke to government affairs directors in Washington, DC last week. Liddard said by increasing the standard deduction both the Camp and Wyden plans introduced in recent years wouldContinue reading “Nation: Tax Reform Proposals Hurt MID”
IRES MLS: Come Home to Colorado 