Real Estate Professionals Amendment Act of 2019 Passes DC Council
One of the DCAR's current legislative priorities, Accounting Clarification for Real Estate Professionals Amendment Act of 2019, was passed by the DC Council this week. This bill would remove a technical hurdle and allow licensed real estate professionals to receive commission payments directly to their legal LLC.
It now moves to the Mayor for approval. If she signs off on it, the final step before implementation is Congressional approval - which is expected in early spring.