DC REALTORS® Left a Clear Message of Cooperation Since 2014 DCAR has visited the DC Council at the John A. Wilson Building to work with our council members. Our third visit covered transfer and recordation taxes and modernizing TOPA. Our goal for this year’s Advocacy Day involved sending the message to the Council that the value… Read more »
As a DC REALTOR®, you know how damaging recordation and transfer taxes can be to a real estate deal. GCAAR, our Local Association, is fighting a drastic increase in the recordation tax proposed by the Montgomery County Council. This Tuesday, May 10, GCAAR will load up a fleet of buses with members to march on… Read more »
What was accomplished? DCAR’s advocacy efforts continue to make waves in DC’s government and real estate community! DC Councilmembers David Grosso, Anita Bonds and Jack Evans have re-introduced the “First-Time Homebuyer Tax Benefit Amendment Act of 2015 (Yvette Alexander and Charles Allen co-sponsored),” which would cut the recordation tax rate from 1.45% to 0.725% for… Read more »