The Second Regular Session of the 71st General Assembly Kicks Off in 2018! The first gavel of the second session of the 71st General Assembly came down on Wednesday, January 10th. The session is already off to a quick start with 179 bills introduced in the first week. We expect this to be a busy year for property rights and housing...
Capital gains exclusion In a huge win for current and prospective homeowners, current law is left in place on the capital gains exclusion of $250,000 for an individual and $500,000 for married couples on the sale of a home. Both the House and the Senate had sought to make it much harder to qualify for the exclusion. Mortgage interest deduction The maximum mortgage...
The National Association of REALTORS strives to influence and shape the real estate industry. So it should be no surprise they put full force into the recent two public policy changes sweeping through Washington, D.C. NAR worked tirelessly on tax reform and net neutrality, two policy changes that could have powerful impacts on the real estate world. In regards to Tax...
Changes in the tax code could have pricey implications for homeowners if the GOP Tax Proposal passes. Cuts elsewhere are causing Congress to find other ways to make up the money. One area they are looking to make up the money is taxes associated with real estate. Currently, homeowners are encouraged to stay in their home for two years and are...
2017 is the very first year the Colorado Association of REALTORS ® is awarding Legislator of the Year awards. CAR does not take this responsibility lightly and our legislative policy committee comprised of members throughout the state of Colorado has carefully considered their decisions. And we believe that the collective honorees are legislators who have been stalwart supporters of the real estate industry, and...
There have been a number of developments in Washington, DC to share with you. TAX REFORM: Both the House and Senate have named the members of the conference committee. The committee will begin meeting next week, its goal is to send a final bill to the President by December 15, 2017. NAR will continue to run the Call for Action until the...
Elizabeth Peetz CAR's Vice President of Government Affairs and Madeline Cain CAR's Government Affairs Manager are both featured in Colorado Politics Article as "New Political Players". Elizabeth Peetz will be directing the association's efforts on public policy, as well as manage its government affairs division. Besides advocacy and legislative work, Peetz will oversee the Realtors’ Legislative Policy Committee, candidate endorsement process...
[caption id="attachment_22653" align="alignright" width="245"] Madeline Cain[/caption] [caption id="attachment_22652" align="alignnone" width="245"] Elizabeth Peetz[/caption] ENGLEWOOD, Colo. – (Nov. 16, 2017) The Colorado Association of REALTORS® (CAR) has named Elizabeth Peetz, Esq. as its vice president of government affairs and promoted Madeline Cain to government affairs manager. Peetz, a licensed attorney in Colorado, Nebraska and Washington D.C., has been with the association’s government affairs division since...
ENGLEWOOD, Colo. – Alec Garnett, House Assistant Majority Leader for District 2, was awarded the 2017 Legislator of the Year Award by the Colorado Association of REALTORS® on Monday. Rep. Garnett is one of the first recipients of the award, given to a Colorado legislator who has put considerable effort into legislative efforts that support the American dream of homeownership. Alec...
37% of Colorado REALTORS® invested in RPAC last year to protect your business and the real estate industry. Don't let the 37% carry the burden this year. What business risks does RPAC help you mitigate? PRESERVING INCENTIVES FOR HOMEOWNERSHIP Tax deductions for mortgage interest, state and local taxes are in the cross-hairs. Congress proposes tax reform financed by modifying or removing the Mortgage Interest...