|
Missouri REALTORS® Score Major Legislative Victory
Missouri real estate professionals and property owners celebrated a landmark win on July 10, 2025, when Governor Mike Kehoe signed House Bill 594 into law. Beginning Jan. 1, 2025, individuals can deduct 100% of capital gains from their Missouri taxable income–eliminating state income tax on profits from real estate sales, stocks, investments, and business ownership interests.
This REALTOR®-driven legislative success promises to boost market activity, increase client interest in selling appreciated assets, and help Missouri property owners and investors retain more profit from their sales. Read the full Capitol Update.
|