NAR looks at new IRS guidance on applying rental income to the new 20 percent business income deduction, makes efforts on Rural Housing Service loan processing, which has been stalled since the federal government shutdown. Also featured: excerpts from testimony before the House Financial Services Committee last month by NAR President-elect Vince Malta on why it’s crucial the federal government maintain an explicit guarantee of conventional conforming loans backed by Fannie Mae and Freddie Mac.
By: NAR
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