As a real estate professional, you have a whole list of tax deductions available to you. Ones that most people can’t claim. And hopefully you’re taking advantage of them! But even the most seasoned real estate professionals are usually missing out on thousands of dollars worth of deductions every year. Which means that you’re probably giving the IRS thousands of dollars every year for free. That’s...
Properties in ski towns may offer a big income stream for second-home buyers. After all, vacation homes have been trending during the pandemic, whether it’s a home in a cold- or a warm- weather locale. Second-home sales jumped 44% in 2020, according to data from the National Association of REALTORS®. Snowy hot spots are among those seeing surging demand. Searches for...
We've past groundhog day and it's another four months of legislative session to go, this time into June after the General Assembly took a month long Covid-19 pause. While the air may be chilly this President's holiday weekend, our Legislative Policy Committee is gearing up for a very busy session starting on Tuesday, Feb. 16 where we might see...
DENVER - The Colorado Office of Consumer Counsel (OCC) is advising Colorado Natural Gas (CNG) customers of CNG’s filing with the Colorado Public Utilities Commission (PUC) seeking approval to implement a System Safety and Integrity Rider, or SSIR. If approved, the SSIR would allow CNG to recover the costs of specific pipeline safety and integrity projects, through a separate rider on...
NAR officials say data reinforces need for implementation of key housing policy initiatives to close persistent minority homeownership gaps Key Highlights The U.S. homeownership rate was 64.2% in 2019. At 69.8%, the rate for non-Hispanic white Americans exceeds the national rate. However, the Black homeownership rate – 42% – represents a Black-white homeownership gap of almost 30%. The homeownership rates for Asian...
The REALTORS® of Summit, Park and Lake Counties recently raised money to support residents who have been evacuated or have lost their homes during the Grand County wildfires Dillon, CO — February 16, 2021 — Summit REALTORS®, the leading advocate of the local real estate industry consisting of Park, Lake, and Summit County members, executed a donation campaign to raise money for those...
Marketing tools and technology are changing daily, don’t fall behind by using the wrong ones! Marketing for real estate professionals used to be simple and consisted of business cards, newspaper ads, and maybe even the odd bus stop display. As we know, things are radically different today. While most REALTORS® have caught up with the times by launching personally branded real estate websites and trying social media...
Over the past decade, the U.S. has witnessed a steady increase in wildfire activity. Experts predict this trend will remain. Despite the $2 to $3 billion per year to support wildland fire suppression efforts, the number of homes lost in wildfires per year has increased by 163 percent and wildfires now cost the U.S. an estimated $63 to $285 billion...
The National Association of REALTORS® applauded an announcement Thursday by the Department of Housing and Urban Development that the agency will enforce the Fair Housing Act to prohibit discrimination based on sexual orientation and gender identity. HUD’s move effectively expands civil rights protections to LGBTQ Americans seeking housing and housing-related services. The decision follows an executive order from the Biden...
“There are tons of millennials who are out there looking to buy,” said Boulder-area REALTOR Kelly Moye. “It’s hard to save for a down payment when you’re trying to compete with multiple offers and you have a low down payment or you’re struggling to even get some money at all — it makes it really hard for them. ...