News from HQ
Tuesday, Nov. 6th: Make Your Voice Heard – Don’t Forget to Vote!
With all 435 U.S. House seats and 35 U.S. Senate seats up for election next week, the outcome will undoubtedly have a lasting effect on the political landscape.
To learn more about the candidates on your ballot and where to vote, check out the .
Capitol Hill Fly-in to Return in 2019 – March 5-6
乐竞体育赛事直播 is pleased to announce the return of the Capitol Hill Fly-in! This exciting event gives 乐竞体育赛事直播 Members an opportunity to meet with their federal legislators and advocate for issues critical to the real estate management industry.
乐竞体育赛事直播 Signs Letter Opposing Efforts to Undermine Supreme Court’s Online Sales Tax Decision
乐竞体育赛事直播 Joined 53 other associations in signing on to a letter sent to U.S. Congressional offices urging them to push back against efforts to undermine the Supreme Court’s South Dakota v. Wayfair Inc. decision allowing states to collect sales tax on remote transactions. Full letter
NAR Urges Deduction for Rental Income
The Tax Cuts and Jobs Act includes a 20 percent deduction from the net business income of sole proprietors and owners of S corporations, partnerships, and limited liability companies. The new deduction is intended to provide roughly the same tax rate cut the Act provided to regular corporations. However, it is unclear whether owners of rental real estate will be able to claim the deduction.
Member Contributions
乐竞体育赛事直播 Federal Housing Advisory Board Meets in DC
By Eileen Wirth, CPM 2018 FHAB Chair
During the 乐竞体育赛事直播 Global Summit held in Hollywood, FL earlier this month , 乐竞体育赛事直播’s Federal Housing Advisory Board (FHAB) met to solicit agenda items for meetings with the United States Department of Agriculture’s Rural Housing Service (RHS), as well as the U.S. Department of Housing and Urban Development’s Office of Multifamily Housing Programs and Office of Public and Indian Housing (PIH). Full article
How Changing Accounting Standards Will Impact Property Managers
Featuring Franziska Jackson, CPM
Under Accounting Standards Codification 842, companies will be required to report lease obligations on their financial balance sheets. If a company leases real property, like an office space or warehouse, then it will need to record its rental payments and the length of obligation as a financial liability on any records.
Federally Assisted Housing
National News
Residential – Rent Control
Residential – Rent Control
Residential – Emotional Support Animals
Commercial & Residential – Right to Rest/Homelessness
The Government Affairs Digest is distributed monthly to the 乐竞体育赛事直播 Executive Committee, Regional Vice Presidents, Chapter Presidents and Chapter Legislative Chairs, Legislative and Public Policy Committee, and the Federal Housing Advisory Board. Other 乐竞体育赛事直播 members who would like to receive the newsletter may opt-in at any time.
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