Fair Tax Policies Are a Key Priority for Real Estate
EMTAR is part of Tennessee REALTORS® and the National Association of REALTORS® (NAR). As such, we share NAR’s commitment to champion fair tax policies for private-property owners, buyers and sellers, brokers and agents, and our industry overall.
Fighting for tax fairness is one of many efforts we make in our legislative and regulatory advocacy, whether it’s on the local level in Wilson, Smith, and Dekalb counties; on the state level in Nashville; and nationally in Washington, DC.
NAR’s recent 2025 Legislative Meetings focused heavily on tax reform, with members meeting with the US Congress to advocate for policies that support homeowners and the real estate industry. Key discussions included the impact of the Tax Cuts and Jobs Act, set to expire at the end of 2025, and the need to protect homeownership and private property rights.
Here are a few more details on the important conversations that took place on this topic:
Tax Reform Discussions:
NAR members engaged with lawmakers to discuss the current state of tax reform and its potential impact on the real estate market.
Advocacy for Homeownership:
A central theme was advocating for policies that support homeownership, particularly in the context of tax reform.
Protection of Private Property Rights:
NAR emphasized the importance of protecting private property rights during discussions on tax reform.
Capital Gains Tax:
NAR highlighted concerns about the potential impact of outdated capital gains tax rules, particularly the fixed exclusion limits, on homeowners.
Member Engagement:
Over 500 meetings were held with members of Congress, representing 95% of all members.
Research and Data:
NAR shared research and data, including member perspectives on tax policy, to support their advocacy efforts.
Podcast Insights:
The Advocacy Scoop podcast featured discussions on tax reform, NAR's advocacy efforts, and the results of a member tax survey.
2025 Legislative Meetings Focus:
The meetings emphasized the need to protect the real estate industry during the upcoming tax reform discussions.
Key Issues:
Discussions included the $250,000/$500,000 capital gains exclusion, the SALT deduction cap, and the potential impact of the Tax Cuts and Jobs Act expiring.
In addition, here are links (current as of this blog’s publication) to several resources that shed more light on various aspects of tax reform and the effort to protect property owners, buyers, sellers, and our REALTOR members:
Outdated Tax Rules Are Freezing the Housing Market—and It’s About to Get Way Worse
NAR Members Impact Legislation on Capitol Hill
The Legislation on Everyone’s Mind: Tax Reform
Tax Bill Offers Good News for Real Estate
In closing, know that EMTAR, as your local REALTOR Association, will remain steadfast and dedicated to advocating on our members’ behalf for local, state, and national laws and policies that protect the rights of private-property owners and keep our industry going strong.
About EMTAR: Chartered in 1969, our Association’s 1,200+ REALTORS® are a proud part of the 36,000+ members of Tennessee REALTORS® and of the 1.5 million+ members of NAR, all working to serve the public and protect the rights of America’s property owners. EMTAR members are known not only for their unmatched real estate excellence and high ethical standards, but also for being generous, hospitable, others-focused, loyal, hardworking, and eager to help wherever and whenever help is needed.