Resource Center

January Membership Breakfast
Thursday, January 17 | 8:30 am - 9:30 am
Join us for the January 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.

Biennial Code of Ethics Training Deadline: December 31, 2018

Between January 1, 2017 and December 31, 2018 every REALTOR® is required to complete 2 ½ hours of Code of Ethics training and report it to your local Association/Board. REALTORS® who joined the association after January 1, 2017 and have since completed the required New Member Code of Ethics training, have already fulfilled this training requirements. All other members must complete the training by December 31, 2018 to continue their membership with the Pickens County Board of REALTORS®.

Safety Webinars
Real Estate, Safety, and You

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

Introducing GAR's Newest Member Service: The Legal Helpline

The Legal Helpline is a FREE service for Georgia REALTORS® which will help you with questions regarding contract forms, ethics/arbitration, and license law. Additionally, members may inquire about basic legal questions.

GAR Forms: How to find your NRDS #

As a reminder, the requirements to use the GAR Forms have changed and only REALTORS® members will be allowed to continue using the forms at no cost. In order to access the GAR Forms as a member for FREE, you must enter your National REALTOR® Database System ID (NRDS #) to confirm your REALTOR® membership.

If you do not already know your NRDS #, you may access your NRDS number at https://reg.realtor.org/roreg.nsf/retrieveID?OpenForm.

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