Carl Horst Chief Executive Officer at Cincinnati Area Board of REALTORS | LinkedIn
Carl Horst Chief Executive Officer at Cincinnati Area Board of REALTORS | LinkedIn
Members of the Realtor Alliance of Greater Cincinnati (RAGC) recently attended the National Association of REALTORS (NAR) 2025 Legislative Meetings in Washington, D.C. This annual event gathers thousands of real estate professionals to discuss policy and advocate for industry-related issues.
During their visit, RAGC representatives met with lawmakers such as Senator Jon Husted and Representatives Greg Landsman (OH-1), Dave Taylor (OH-2), and Warren Davidson (OH-8). These meetings focused on legislative matters impacting both the real estate sector and homeowners.
The discussions included several key issues:
Capital Gains Tax Reform: RAGC members advocated for changes to the capital gains tax to encourage property sales and investment. They supported proposals like the More Homes on the Market Act, which seeks to double the capital gains tax exclusion for long-term homeowners, thus incentivizing home sales and increasing housing inventory.
Support for the Real Estate and Housing Caucus: The delegation expressed strong backing for the bipartisan Congressional Real Estate Caucus. This group addresses barriers to affordable housing and promotes beneficial policies for the real estate sector. The caucus was praised for initiating important discussions on challenges faced by first-time buyers and the broader housing market.
Advocacy for Real Estate-Friendly Tax Policies: The importance of maintaining tax provisions that support real estate was emphasized. Provisions such as the 1031 like-kind exchange and qualified business income deduction were highlighted as essential for facilitating property transactions and supporting small businesses within the industry.
The participation of RAGC in these meetings reflects their dedication to promoting a healthy real estate market and homeownership. By engaging with lawmakers, they aim to ensure that REALTORS' voices are heard in legislative processes.
For further details on these discussions or meeting outcomes, contact the Realtor Alliance of Greater Cincinnati.
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