NAR issues preliminary analysis of federal tax reform draft

On Wednesday, February 26, House Ways and Means Committee Chairman Dave Camp (R-MI) released his long-awaited discussion draft for comprehensive reform of the tax code. The draft includes dozens of provisions that would affect real estate, and they are overwhelmingly negative.

The National Association of REALTORS’ Government Affairs Division has summarized the real estate-related provisions of the plan. This is a preliminary summary and brief analysis. To read the summary, click here.