Invest in RPAC

Invest in RPAC

RPAC Ensures a Strong Market and Supports Commercial REALTORS®

INVEST IN RPAC

NOTE: You must be an NAR member (with an NRDS number) to donate.

Recent Commercial REALTOR® Wins

  • Championing the passage of COVID-19 business liability protections for REALTORS®, protecting them from COVID-19-related lawsuits.
  • Ensuring real estate services were classified as “essential” during COVID-19 lockdowns, allowing business to continue safely while much of the economy came to a standstill.
  • Securing a MASSIVE cut to Florida’s sales tax on commercial leases, known as the Business Rent Tax. The tax will be reduced from 5.5% to 2%, a historic $1.23 billion cut.
  • Ending the federal eviction moratorium that has threatened the livelihoods of countless housing providers.

Continued Lobbying for Commercial REALTORS®

  • Working with NAR to protect the Section 1031 Like-Kind Exchange, which is facing proposed reforms to limit its scope in Washington, D.C.
  • Continuing the effort to eliminate Florida’s Business Rent Tax.
  • Ongoing monitoring of state and federal actions to ensure legislation does not pass that could negatively impact commercial REALTORS®.

Big Wins in the Past for Commercial REALTORS®

  • Passage of two commercial real estate lien acts ensured commercial brokers don’t have to renegotiate their commissions at closing.
  • Repealed local business taxes, saving real estate associates $3.8 million annually.

Invest in the future of your profession!

INVEST IN RPAC

NOTE: You must be an NAR member (with an NRDS number) to donate.

0 Comments

Leave a reply