NAR urgently needs your help to push Congress to extend the “Mortgage Forgiveness Tax Relief Act.”
Act now! Please join with tens of thousands of your fellow REALTORS who have already taken action and contacted their Member of Congress. With more than one-million members, NAR can make a difference. Imagine the powerful message we will send to Capitol Hill by having you and as many of your fellow REALTORS® as possible voice their concerns on this important issue.
The Mortgage Forgiveness Tax Relief Act is a bipartisan bill to extend this important provision. Without an extension, millions of distressed American families could face a tax on “phantom income” when lenders forgive some portion of a homeowner’s mortgage debt.
Urge your Member of Congress and Senators to act on “The Mortgage Forgiveness Tax Relief Act” before the end of 2014. Together we make can make a powerful statement and help provide certainty for struggling home owners and stability for our nation’s housing markets.