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Tax Break for R.E. Pros

September 10, 2018

The most interesting provision for REALTORS® in the Tax Cuts and Jobs Act is the 20% deduction for qualified business income under Section 199A.  An IRS Q&A provides some straightforward answers. C.A.R. has prepared a Quick Guide and the following brief fact sheet.             The 20% Qualified Business Income Deduction; What You Need to Know (with Examples) What […]

Filed Under: At A Glance, Government Affairs, Pro Tips Tagged With: Attorney General Xavier Becerra, business income, Deduction, IRS, standard deduction, Tax Cuts and Jobs Act, taxable income

Agent Accused of Price Gouging After Fires

April 30, 2018

Real estate agent Melissa Echeverria faces three misdemeanor charges for allegedly raising the monthly rent on property she owns in Novato, CA, by more than 10% following the devastating fires in Northern Bay Area counties last year. Gov. Jerry Brown declared a state of emergency on Oct. 9, 2017 due to the blazes, and price gouging […]

Filed Under: At A Glance, Client Tips, Pro Tips Tagged With: Attorney General Xavier Becerra, Department of Justice, Fires, Gov. Jerry Brown, Marin County, state of emergency

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