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 Association Updates
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Dues Deductability Information for 2015 Taxes
* For the 2015 dues year, a fee of $120 per NAR Member has been assessed. NAR computes 37 percent or $44 to be non-deductible for the member's income tax due to NAR's lobbying efforts. $76 may be deducted. Please note that the entire $35 Public Awareness Campaign special assessment qualifies as fully deductible.
* For the 2015 dues year, a fee of $90 per NYSAR Member has been assessed. NYSAR computes $12 to be non-deductible for the member's income tax due to NYSAR's lobbying efforts. NYSAR dues include an $8.00 special assessment dedicated to the Legal Action Fund and the Issues Mobilization fund. $77 may be deducted.
* For the 2015 dues year, Members may claim 100% of their 'MLS Participant Fee' ($430) and 97% of their 'GRAR Dues' ($268) as a business expense; 3% of the 'GRAR Dues' (or $8 for most members) is non-deductible for income tax purposes due to GRAR's lobbying efforts.
NOTE - Political contributions are not deductible for income tax purposes.
NAR CODE OF ETHICS REQUIREMENT DEADLINE: Dec. 31, 2016REALTORS® are required to complete ethics training of not less than 2 hours, 30 minutes of instructional time within four-year cycles. The training must meet specific learning objectives and criteria established by the National Association of REALTORS®. The current four-year cycle will end Dec. 31, 2016. Click here to access the free non-CE 2.5 Hours on-line REALTORS® Code of Ethics Training course developed by the National Association of REALTORS® Accustat Report: January 2016Accustat is a service offered by REALTOR® Dick Beers available solely for the use of GRAR Members and is not intended for public distribution. This report does not reflect the views of the Greater Rochester Association of REALTORS®. If you are interested in receiving the newsletter, please contact Dick at accustat@frontier.com
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 In Memoriam
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NAR Notes
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Be Safe in 2016
Make 2016 the year of safety by utilizing the free resources available in the REALTOR® Safety Program. The Real Estate, Safety and You video is a great way to have a safety convo with your clients. Plus, you can use the list of safety products and apps, articles and webinars to help you establish professional safety protocols for your business. Visit the REALTOR® Safety Program website to view all the free safety products available and be on lookout for even more helpful safety resources in 2016.
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Industry Advocacy
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SAVE THE DATE: NYSAR Lobby Day is Tuesday, May 24, 2016
Mark your calendar! at the State Capitol in Albany. More information coming soon.
2016 NYSAR Legislative Priorities
The real estate industry is a key contributor to the economy and its stability is vital as markets continue to recover. That is why it is so important for all REALTORS® to be aware and actively involved in advocating for legislation that improves the homebuying/selling experience and strengthens our business. Read the issues in focus here
New Mold Assessment and Remediation Law Now in Effect
On Jan. 1, 2016, it became unlawful for any person to engage, advertise or hold themselves out as a mold assessor, remediation contractor or abatement worker unless they have a valid mold license issued by the New York State Department of Labor. REALTORS® must be aware that any mold assessor or remediation specialist you refer to customers, clients, sellers or purchasers must be licensed with New York State. This requirement is the same as those applying to licensed home inspector referrals. Information on applications, training course providers and FAQs can be found here.
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