Resource Center

What a Government Shutdown Means for REALTORS®
Federal

As of midnight on December 21, 2018, the President and Congress were unable to agree on the provisions of a Continuing Resolution (CR) to fund the federal government. As a result, a partial shutdown of some government operations has occurred. This partial shutdown includes some federal housing, mortgage, and other programs of interest to the real estate industry. A summary of the impact on selected agencies is provided below.

2019 GAR Contracts - Updates & Changes
CE: Monday, February 18 | 10:00 am - 1:00 pm | Chattahoochee Technical College

This course is designed to cover the updates and changes to the GAR Forms Package and provide a practical guide for the successful completion of the Purchase and Sale Agreement.

February Membership Breakfast
Monday, February 18 | 8:30 am - 9:30 am

Please join us for the February Membership Breakfast for the Pickens County Board of REALTORS®.

Opportunity Zones Proposed Rules Released
Federal

The Treasury Department recently released proposed rules for Qualified Opportunity Zones, a federal program created by the Tax Cuts and Jobs Act in 2017. The program incentivizes investment and development in distressed communities, designated as "Qualified Opportunity Zones" (QOZs) through tax benefits for investors. These benefits include deferral of federal capital gains tax on qualified capital gains reinvested into a QOZ (via an "Opportunity Fund"), and potential reduction in the tax ultimately paid on those gains (if held for five years they receive a step-up in basis of 10%; if held for seven, 15%). In addition, gains accrued on investments while in an Opportunity Fund and invested into a QOZ may be exempted from federal capital gains tax, if the investments are from a proper deferral election (reinvested capital gains that the tax is deferred on) and held for at least ten years.

Net Neutrality Officially Ends in U.S.
Federal

It’s official, as of Monday, June 11th, net neutrality has officially ended in the United States. Even after a vote by the U.S. Senate, the U.S. House failed to take a vote on legislation that would have prevented internet service companies from charging users additional money to see certain content.

Infrastructure Webcast Available for Viewing
Federal

The Trump Administration has released its long-awaited infrastructure plan, which proposes at least $1.5 trillion in new investment across infrastructure asset classes; incentivizing greater state and local funding; shortening the project permitting process to two years; investing in rural projects; and improving worker training. President Trump proposes that the government would spend $200 billion in infrastructure investment to spur states, localities and the private sector to raise the $1.3 trillion balance.

Congratulations to the 2017 Circle of Excellence

The Pickens County Board of REALTORS® recognized its 2017 Circle of Excellence recipients at the monthly luncheon on Thursday, March 22, 2018. A special thanks to our Committee, Shelby Collins (Chair), Maria Ashby, Jay Foster, Rhoda Neighbors, Connie Sims, and Donna Torres, who worked hard to review each application and plan this event. We would also like to give a very special thanks to our event sponsors, Element Funding and Hartman-Imbriale, Attorneys, for sponsoring the luncheon, which had 50 members and guests in attendance. Congratulations to all of this year's recipients!

Tax Reform, What it Means
Federal

While NAR remains concerned that the overall structure of the final bill diminishes the tax benefits of homeownership and will cause adverse impacts in some markets, the advocacy of NAR members, as well as consumers, helped NAR to gain some important improvements throughout the legislative process. The final legislation will benefit many homeowners, homebuyers, real estate investors, and NAR members as a result.

SHOWCASE 2019 - Real Estate Trade Show
Thursday, August 22 | 9:30 am - 4:30 pm | Cobb Galleria Centre

Now in its 19th year, Showcase - the Southeast Residential Real Estate Trade Show, brings together REALTORS®, real estate professionals and fringe industries on a single day, Thursday, August 22, 2019 at the Cobb Galleria Centre.

Safety Webinars
Real Estate, Safety, and You

NAR is scheduling new webinars on REALTOR® Safety throughout the year, presented by safety experts.

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