Voice for Real Estate 89: 20% Tax Deduction, Financial Wellness

The IRS agrees with NAR that real estate brokerages shouldn’t be subject to a restriction on the 20 percent business income deduction enacted last year as part of the tax reform law. The development is a win for NAR advocacy efforts because the association met with the IRS to discuss the issue at length. The issue is covered in the latest Voice for Real Estate video. Also covered are financial wellness, housing sustainability, home price trends, and ideas from the fast-growing brokerages on how to give consumers what they want.