National REIA Update December Addition

REIA Update Dec 2015

Our Industry Partners

Legislative

Benefits

Events

Our Industry Partners

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Legislative

No Mortgage Tax in the Highway Bill:

In a win for the entire real estate industry, this month Congress passed, and the President signed, a bi-partisan 5-year transportation bill that excluded the use of “g-fees” (in essence, a tax on mortgages) – that were previously included as part of the funding mechanisms in the version passed by the Senate last summer.  National REIA raised concerns about the issue with industry partners and has been following it closely.
Short Sales:
As of this update Congress has yet to reach an agreement extending a tax break that forgives taxes on short sales.  The provision relieves sellers of paying income tax on the difference between what they owe on the mortgage and the amount raised in the sale – especially if the lender reduces the owed principal amount.  The tax break expired at the end of 2014 and is widely expected to be reauthorized in the final weeks of 2015.  National REIA has been working on this issue at the national level and is pushing to make the language permanent.
Seller Finance Relief:
While the long-anticipated reform bill has not been introduced we still expect that it will happen sooner rather than later and are monitoring this issue closely.
Stay up to date:
To learn more about these and other important issues affecting the real estate investing industry, visit www.RealEstateInvestingToday.com.

Benefits

REIA Health Exchange – Open Enrollment!
Don’t let the hustle and bustle of the holiday season get in the way…stop what you’re doing and shop for health insurance NOW! Health insurance is more important than ever…and it’s required by law. According to the Affordable Care Act, everyone must have a qualified health insurance policy in place no later than 1/1/16 or be subject to a federally mandated penalty. Although open enrollment doesn’t end until January 31st, if you are changing policies you must purchase your insurance no later than 12/15/15 to have coverage effective 1/1/16.
So, don’t wait…start shopping!
Visit www.REIAexchange.com today! Need help?  Our insurance advisors are ready and willing to assist you-we’re just a phone call away!  Call us at (855) 558-9667.

.Click here to download the flyer. 

Events

Winter Cruise 2016 – Feb 20-27th
Register now online! Our block is almost sold out and we cannot guarantee pricing after it is gone. (Full Refunds available until Dec 1st.)
MidYear Leadership Conference 2016 – June 16th-19th
The National REIA MidYear Leadership Conference offers innovative approaches to many of the challenges you face every day. From membership engagement to technology management, you will learn about the latest approaches to these imp ortant issues. Come and immerse yourself in 3 full days of education, networking, and inspiration. You can expect cutting edge techniques to help you grow your REIA, increase your net revenue, and boost your operation efficiency. Register now!