NAR Is Your Voice For Commercial Real Estate Issues
Recently, NAR signed two coalition letters, urging Senate Majority Leader Reid and Republican Leader McConnell to expand the Senate jobs legislation to include provisions aimed to enhance the flow of credit to the small business and commercial real estate sectors. Stay updated on how this and other advocacy efforts impact your business by reading NAR’s Commercial Real Estate Advocacy Timeline. More…
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NAR Commercial Priorities
With the new year upon us, I thought I’d use my podcast this month to examine what’s in store for the commercial real estate industry in 2012. In the coming year, REALTORS® will be working on key issues such as easing the contraction in small-business lending, bridging an equity gap, and increasing bank liquidity. You can be sure that finding solutions to these issues is a priority for NAR and will go a long way toward setting the industry on a path for growth.
Repeal Nears for $600 Form 1099 Reporting Rule
The House and Senate have voted to repeal IRS Form 1099 reporting requirements for landlords and other small business that were enacted last year in health care reform and small business laws. President Obama has said he will sign the repeal into law. Passage is a victory for REALTORS®, who strongly opposed the requirements, which would apply to landlords and others who paid a vendor as little as $600 a year in services. Read post. For more info, contact Linda Goold, 202/383-1083.
Rep Luetkemeyer (R-MO.), Calls Bank Regulators to Task
Across the USA, banks say there’s a big reason they aren’t lending more: Regulators won’t let them. Even as the White House exhorts banks to open the lending spigots, particularly for small-business borrowers who are key to job growth, banks say government field examiners are toughening their reviews in ways that discourage sound loans. Read the full story – here
