Paid Family and Medical Leave Exemption UPDATE
We’ve fielded a few questions this week about REALTOR’s obligations under the Paid Family Medical…
NY Mansion Tax Changed
For brokers who do business across state lines, New York state has just enacted a…
Whew, time-saving list of 2019 Property Tax Rates
We have again compiled the 2019 property tax rates for all Berkshire cities and towns,…
Save Money with Tax Deduction on Rental Income
On January 24, 2019, NAR released some important information on the 20% business income deduction…
Let’s do W-9s and 1099’s better in 2019!
Yesterday, all brokers were required to issue 1099’s to anyone they paid more than $600…
Big Win for Realtors in IRS 20% Income Deduction
On Wednesday, August 8, the IRS released its proposed guidance on the new 20 percent…
Chief Economist’s Take on Rate Hike
The Federal Reserve announced this afternoon it will raise interest rates by a quarter of a…
What is Tax Season Going to Look Like for You?
In case you missed it, NAR did a great video (Facebook live event they taped),…
It’s Here! Automatic Debit / Credit Card Payment for MLS has Arrived
Brokers, you’ve been asking and our MLS Board of Directors heard you. At their August…
Innovative Solutions for Homeownership
In a stroke of good news, Fannie Mae announced new policies that will help more…
Do Brokers need to issue a 1099 for commission paid to a LLC?
It’s that time of year when tax questions start to come into the Board Office. …
A Message From Mike Shepard, Legal Counsel
Dear Berkshire Realtors®, I am writing this on the 13th day of January 2016, so…
TRID Riders
“Where’s the TRID Rider?” We’ve been asked that question many times this week and our…
New TRID rules now in effect
The new TILA-RESPA Integrated Disclosure (TRID) rules for mortgage closings took effect for new loan…
Flood Insurance Update
We received good news about flood insurance changes from Affiliate Sharon MacEachern at Greylock Insurance. …
Enforcement grace period for good-faith efforts on New Integrated Disclosure Requirements
GREAT NEWS! Berkshire REALTORS joined colleagues nationwide in Washington in May to ask our legislators…
Fannie Mae Launches HomePath for 1st Time Homebuyers
We first reported in December 2014 that first-time homebuyer closing cost assistance was on the…
RESPA TILA Changes Take Shape
As outlined at our Industry Luncheon today, there are changes happening to the real estate closing…
Fannie Mae and Freddie Mac Announced 3% down loans
On Monday (12/7/14), Fannie Mae and Freddie Mac announced that first-time home buyers can now…
Lee Bank Platinum Sponsor!
We’re happy to thank the mortgage professionals at Lee Bank for returning as a 2015…