The Association office is closed on Monday, February 20th in observance of the President's Day federal holiday.
Nondeductible Dues Info for Your Taxes
The Tax Reform Act of 1993, as amended by the Tax Cuts and Jobs Act of 2017, made the portion of dues paid to organizations spent to lobby State and Federal governments nondeductible for
income taxes, and requires that it be disclosed to members.
The National Association of REALTORS® (NAR) computes 34% or $51.00 (of the $150.00 per member) to be nondeductible for the member’s income tax due to NAR’s lobbying efforts on behalf of its members. Note that the entire $45.00 Consumer Advertising Campaign special assessment qualifies as fully deductible. In addition, contributions (including member dues) to NAR are not tax deductible as charitable contributions. However, they may be tax deductible under other provisions of the Internal Revenue Code.
Kentucky REALTORS® (KYR) computes 7.93% or $11.50 (of the $145.00 per member) to be nondeductible for the member’s income tax due to
KYR’s lobbying efforts on behalf of its members.
The Greater Louisville Association of REALTORS® (GLAR) computes 8.29% or $14.68 (of the $177.00 per member) to be nondeductible for the member’s income tax due to GLAR’s lobbying efforts on behalf of its members. Note that the entire $275.00 for MSI dues and $480 for CIE dues are fully deductible.
KYR Health Insurance Option
The KYR Health Insurance website is LIVE! Members may now view customized health plans with an effective enrollment date of 3/1/2023! Important Dates: - 2/15/23: Last day to
establish medical coverages for 3/1/23 enrollment - 6/15/23: Last day to sign up for supplemental policies through Sunlife before 7/1/23 start date. For more information and to generate a personalized quote today, CLICK HERE.
Multi-lingual REALTORS® List
Did you know that we have a list of REALTOR® Members on our website who are multi-lingual? You can search by language by CLICKING HERE. If you speak another language and are not listed in this directory, please email your information along with languages spoken to Membership@LouisvilleRealtors.com.
ON THE CALENDAR
Upcoming Classes - PLE, CE & CORE
Check out our upcoming courses! View our full listing with credits and course descriptions, and register on your member portal by CLICKING HERE.
February 21 - Instructor: Dennis Stilger Disclosures: Required, Allowed, and Prohibited (6 CE Law or 3 PLE Disclosures and 3 PLE Agency)
March 6 - Instructor: Beth Rojas What is a Short Sale? (3 CE Elective or 3 PLE Elective)
March 6 - Instructor: Cora Henderson Real Property Titled in Estate or Trust (3 CE Law or 2 PLE Risk Management & 1 PLE Elective)
March 8 - Instructor: Dennis Stilger Contract Law & Theory (3 CE Law or 3 PLE Contracts) Advertising Laws & Ethics (3 CE Law or 3 PLE Advertising / Fulfills NAR Ethics)
March 15 - Dennis Stilger Kentucky CORE (6 CE Law, NO PLE)
MEMBER BENEFITS SPOTLIGHT
Forms for Spanish-Speaking Clients
Did you know that our forms and contracts are in Spanish? Use these translated forms and contracts to help your Spanish-speaking clients better understand the documents that are presented to them. The Spanish language versions are not legally binding and should only be used as examples. They are not intended to replace official English-language forms and contracts in a transaction.
Access the Spanish language versions through your Member Portal by going to LouisvilleRealtors.com, logging in to the Member Login (IMS) at the top of the page, and choosing Other Services, then Forms Online.
We hope the Spanish versions of our forms and contracts will make the home buying and selling process easier for both you and your Spanish-speaking clients.
MLSNEWS & UPDATES
5 Ways to Start the Year Strong
These five pointers from REALTORS Property Resource (RPR®)
will help you increase your productivity and expertise this year and beyond!
Members: FREE Tech Helpline
Tech Helplineis an amazing member benefit, offering you free support for hardware, software, networking, and digital devices. This helpline troubleshootsnon-MLS tech problemsand offers solutions, often by connecting remotely to your computer. This benefit is included with your member dues at no additional cost to use! Support is available Monday - Friday from 9:00am - 8:00pm and Saturday from 9:00am - 5:00pm EST via phone, chat, or email.
Legislative issues impact your real estate business every day! Our government affairs representatives are continually working to remain on top of issues that affect your profession. Read the latest legislative report.
Greater Louisville Association of REALTORS® 12300 Sycamore Station Place, Louisville, KY 40299 | (502) 894-9860 | www.LouisvilleRealtors.com
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