NAR, KCRAR Advocate to Preserve 1031 Like-Kind Exchanges
Recently, the Biden Administration proposed a $500,000 cap on the 1031 like-kind exchange, which is a section of the U.S. tax code that allows investors to avoid paying capital gains taxes when selling an investment property and reinvesting the proceeds into a similar property. The National Association of REALTORS® and KCRAR are both advocating against […]
Full StoryCommercial Latte and Learn Coming on Commission Agreements and Navigating Bankruptcy Situations
KCRAR is hosting a commercial-focused Latte and Learn session on June 11 titled, “Getting Paid in a Changing Market/Bankruptcy Issues.” James Hochman will be leading this online session, presenting a “nuts and bolts” lesson on commercial transaction issues including: Proper listing and commission agreements Use of purchase and sale agreement Lease language to protect a […]
Full StoryRegistration Open for Annual Commercial Broker Golf Scramble
The Annual “KCRAR Commercial Broker Open” golf scramble will be held on June 7 at the newly renovated Oakwood Country Club. This event offers commercial agents the opportunity to network, while competing as teams for the KCRAR Commercial Broker Open Cup. The event is open to KCRAR members and non-members. Anyone interested may register, and KCRAR […]
Full StoryJudge Vacates CDC’s Eviction Ban, But Appeal Delays Action
REALTOR® Magazine A U.S. District Court judge for the District of Columbia ruled Wednesday that the Centers for Disease Control and Prevention’s nationwide eviction moratorium is unlawful, striking down the ban and delivering relief to housing providers who haven’t been able to collect rent from struggling tenants for more than a year. But the struggle for housing […]
Full StoryNAR: Housing Equality, Commercial Recovery Are Top Priorities
REALTOR® Magazine With racial equity at the forefront of American consciousness, the National Association of REALTORS® will focus the bulk of its policy priorities this year on improving equal access to housing, association leaders said Wednesday during NAR 360, a Facebook Live event serving as the unofficial kickoff of the virtual 2021 REALTORS® Legislative Meetings. Earlier this […]
Full Story‘The Commercial Experience’ Course to Bring Specialized Commercial Training to KCRAR
“The Commercial Experience” is returning to KCRAR, and this year, the two-day course will be offered virtually on March 29 and 30. This class is targeted to new commercial agents or residential agents looking to expand their practice into the commercial market. “I have taken many commercial classes but this was one of the best classes […]
Full Story$324 Million Made Available for Missouri Landlord and Tenant Assistance
Missouri Governor Mike Parson recently signed legislation which allocates more than $324 million in funding to landlords and tenants in Missouri. This assistance is distributed through the Emergency Rental Arrears Program (ERAP), which reimburses landlords for past due rent payments. “HB 16 will provide much needed assistance to tenants and landlords across the state. COVID-19’s […]
Full StoryRental Assistance Still Available in Kansas City Metro
It’s the first week of the month, and rent is due. 2020 has been particularly devastating to many renters, and despite various assistance programs created to help keep everyone safe at home during this pandemic, many are unaware that help is out there. Many of these assistance programs, however, will be expiring at the end […]
Full StoryCommercial Forecast 2021: ‘Never Set Your Flux Capacitor to 2020!’
Dr. Ted Jones, Senior Vice President and Chief Economist with Stewart Title, introduced his keynote address at the Commercial Forecast virtual event with a Back to the Future meme: “Whatever you do Marty, NEVER set it to 2020!” While commercial real estate has felt the impact of the shutdown and economic drop-off, there is hope […]
Full StoryKCRAR to Host Informational Session Covering CDC Eviction Moratorium
On Sept. 4, the Centers for Disease Control and Prevention (CDC) ordered a nationwide eviction moratorium through Dec. 31, 2020. This unprecedented use of CDC authority was equaled by the unparalleled fines and penalties in place for violating the moratorium, including criminal penalties to individuals of up to $100,000 to $500,000 per event and one […]
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