- The President's Advisory Panel on Federal Tax Reform recommends that the mortgage interest deduction maximum debt eligible for a tax credit would be limited to 125% of the median sales price for homes in their county. It would only be available on principal residences. The deduction would be eliminated for equity line mortgages! Any implementation of this reform may have a drastic negative affect on your income!
- NAR opposes legal rulings by the Office of the Comptroller of the Currency (OCC) to expand the ability of national banks to engage in real estate development and ownership and in merchant banking.
- 25% of REALTORS have no health insurance. Thus, NAR is pushing for association health plans.
- NAR supports increasing the current loan limits in high cost market areas to make available homeownership opportunities for first-time homeowners and minority homebuyers.
If real estate is your career then politics is your business!
The cost is free for the first 50 people to reserve, and includes a soup, salad & potato bar, with marinated chicken garnished with mango salsa. Let's show our Congressman we care and that we are a constituency that must be listenend to. Space is limited, so please RSVP as soon as possible.
To register, Call Sally Stoffel at (303) 415-3590, fax to (303) 449-8554, or email sally@chamberlinteam.com. Include: Name, Brokerage, Address, Phone # and email address.
This event is not a fundraiser, and contributions for Udall's re-election are not required for attendance. However, the Congressman will happily accept any voluntary contributions.
Organized by Colorado Association of Realtors; Federal Political Coordinator Members
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