The Administration Proposes Targeted Relief for Rising Health Insurance Costs

Health care reform continues to be a primary concern for the administration and Congress; however, comprehensive “repeal and replace” efforts have lagged in momentum lately, losing support in favor of more attainable legislative goals. The administration has since turned to smaller, targeted fixes to provide relief to Americans lacking affordable health insurance options. Last year, […]

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The Administration Proposes Targeted Relief for Rising Health Insurance Costs

Health care reform continues to be a primary concern for the administration and Congress; however, comprehensive “repeal and replace” efforts have lagged in momentum lately, losing support in favor of more attainable legislative goals. The administration has since turned to smaller, targeted fixes to provide relief to Americans lacking affordable health insurance options. Last year, […]

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FEMA underestimates flooding risk to millions of Americans: study

Property at risk of flooding is more than double current FEMA estimates and nearly 41 million Americans — three times the current projections — could be exposed to a major flood, according to a study by researchers at the University of Bristol, the N…

Regulatory Relief Bill Passes Senate

Following the financial crisis of 2008 and the Great Recession, the federal government imposed regulations in the form of the Dodd-Frank Wall Street Reform and Consumer Protection Act—an effort to ensure financial stability and consumer protection. Senate Banking Committee Chair Mike Crapo introduced bill S. 2155—the Economic Growth, Regulatory Relief, and Consumer Protection Act—which proposes […]

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CFPB ‘Constitutional’ After Appeals Court Ruling

An appeals court on Wednesday upheld the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) organizational structure. The agency, which has been at the center of controversy in the era of Trump, was deemed unconstitutional in a 2016 ruling. The agency’s director cannot be dismissed at will (in other words, without cause), per its structure—authority […]

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Tax Reform: Here’s What Could Impact Homeowners Most

A new year has started, and with it a newly enacted tax policy: the Tax Cuts and Jobs Act. While most changes will not be noticeable until consumers file their taxes in 2019, the new tax law stands to alter how consumers view homeownership incentives and could impact real estate markets across the country. Additionally, […]

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Housing and the Senate Tax Plan: What Now?

Members of the real estate industry are responding to the passage of the Senate tax plan, which chiefly includes a 20 percent corporate tax rate—down from 35 percent—and reduced rates for families and individuals over the next seven years. The development follows the House passage of its own plan in November. Both bills challenge homeownership, […]

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House Republicans Pass Tax Bill, Real Estate Industry Continues Fight for Homeowners

After much conversation revolving around tax policy, and anticipation from the Republican Party to successfully pass tax legislation by end of year, House Republicans passed their controversial tax overhaul plan in a successful 227-205 vote. President Donald Trump visited Capitol Hill on the morning of the announcement to promote the legislation. The Senate will still […]

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‘Worst Case Housing Needs’ Rises to Over 8 Million

More than 8 million renter households were identified as having “worst case housing needs,” or burdened by rent and/or living in unsuitable conditions, in 2015, according to a recent report by the U.S. Department of Housing and Urban Development (HUD)—the second-highest share ever recorded. Those labeled “worst case” are renters with very low incomes and […]

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Like-Kind Exchanges Fuel the Economy and Job Growth

A Section 1031 like-kind exchange is a transaction where a business or investor exchanges one property—real or personal—for another of like kind. The business or investor is able to defer taxes on any gain on the exchanged property until the replacement property is ultimately sold. The provision can be used in transactions with all types […]

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