August 11, 2018
LEGISLATIVE NEWS
Treasury Department Clarifies Small Business Tax Break, Brokerage Eligibility
   
While the corporate tax rate was slashed from 35 percent to 21 percent, the additional business income deduction of up to 20 percent introduced complex conditions that takes how a business is classified into consideration-sole proprietorship, partnership, Limited Liability Company (LLC), Single Member Limited Liability Company, C Corporation, Professional or Personal Service Corporation, or S Corporation.


INDUSTRY NEWS
Affordability Challenges Keep Millennials on the Sidelines
   
Affordability is fading fast-and although millennials are eager to enter the market, and succeeding, they're bearing the brunt of the challenge, according to recent research. Sixty-three percent of millennials under 29 are challenged by the cost of homeownership, according to a CoreLogic and RTi Research study. The expense, in fact, is their No. 1 reason for remaining a renter.


GLOBAL PERSPECTIVES
Realtors® See Strong International Activity, Organize Global Real Estate Conference
 
Realtors®, members of the National Association of Realtors®, will travel to Hanoi, Vietnam to join experts in the real estate industry from all over the world to learn, share, connect and transact during the 2018 International Real Estate Conference. Now in its fourth year, IREC will take place at the National Convention Center in Hanoi from September 6-7, with an expo extending from September 8-10. 

TECH TIPS
Real-Time Marketing With Snapchat
 
Reaching younger clientele is on every agent's mind nowadays. Millennials, often touted as "late to the party," are finally buying, and real estate professionals are doing everything possible to connect with them. Social media is a great place to start, but if you're only using Facebook, chances are you're missing a big chunk of the millennial pie.


INDUSTRY & LOCAL EVENTS
NJ Realtor's first-ever Realtor®-palooza
   
Join NJ Realtors for an entire day filled with classes, activities, and opportunities dedicated to helping you get the most out of your membership! Your $15 ticket will support the NJ Realtors® Educational Foundation and grant you access to all the events of Realtor®-Palooza, a more than $150 value. We're hosting classes for CE, a ReBar camp, a corn hole tournament with our Young Professionals Network.


Realtors® Care Day depends on the participation of volunteers like you!
   
Detach yourself from your smartphone for a few hours and connect with your community! Realtors® Care Day just requires compassionate volunteers with a willingness to help! Volunteers receive project updates and other important information through email in the weeks leading to Realtors® Care Day. Volunteer signup must be completed prior to August 15, 2018 at 11:59 PM.


2018 AFFILIATE PARTNERS



Eastern Bergen County Board of REALTORS | 201.288.5000 | communications@bergenboard.com
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