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What your RPAC Investment does for you

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The REALTORS® Political Action Committee (RPAC) advocates on behalf of REALTORS® and real estate issues that benefit you and me. RPAC is non-partisan in its selection of candidates. Now more than ever, it is critical for REALTORS® across America to come together and speak with one voice about the stability a sound and dynamic real estate market brings to our communities. From city hall to the state house to the U.S. Capitol, our elected officials are making decisions that have a huge impact on the bottom line of REALTORS® and their clients. Through the support of REALTORS® like you, the REALTOR® Party represents your interests. Together we are the REALTOR® PARTY! 

 

 

WHAT RPAC DOES FOR YOU

-PRESERVING THE PROPERTY TAX DEDUCTION

If the property tax deduction was eliminated, prices of affected homes would fall

by an average of 7%. That reduction in prices translates into a decrease in income

of $2,500 per REALTOR®.

 

-LEASEHOLD IMPROVEMENT DEPRECIATION

The 15-year depreciation period for leasehold improvements on commercial real

property has been extended permanently. Congress had allowed the 15-year

depreciation period to lapse in 2015. This important legislation ends the year to year

uncertainty of Congressional renewal and, because it has been applied retroactively,

prevents commercial property owners from having to use a 39-year depreciation period

for all leasehold improvements made in 2015. Creating the certainty of a permanent

15-year depreciation period was a priority issue for NAR.

 

-FHA PREMIUM REDUCTION

According to the U.S. Department of Housing and Urban Development estimates, the

reduction in FHA premiums by one-half of one percent for new borrowers will lead to

250,000 additional home sales over three years. Over the three year timeframe, the

typical REALTOR® would see an increase in income of $2,000, or slightly less than

$700 each year.