TR-GRC and there are nine regions. The group holds a monthly call to discuss current hot topics and devise necessary discussions with their respective regional constituents, potential ally organizations, and policy- maker contacts in Congress and state legislatures.
committee, it made perfect sense for me to volunteer with Think Realty. The TR-GRC works to advocate on behalf of real estate investors on key issues such as the federal eviction ban, which gave no consideration whatsoever to the real estate investor when it came to protecting tenants. Other important issues such as potential housing stimulus and opportunities zones are also key items of interest for the TR-GRC. Or the proposed changes to the 1031 exchange, a long-standing vehicle used to delay property taxes until more advantageous timing for the investor. While these are all issues that the TR-GRC will take up on behalf of the real estate investment community, we are also moni- toring proposed legislation at the State and Federal level, ready to spring into action should an informed opinion be needed by legislators,” Ragland said. When advocating for certain legislation, TR-GRC mem- bers are appointed to specific regions. For example, Chris Ragland has West North Central and West South Central (see map). Currently, there are seven members in the
GOALSAND LEGISLATIVE INITIATIVES
Proposed tax changes at the federal level will impact real estate investors (e.g., capital gains) and current laws like The SAFE Act prohibit investors from doing the most they can to help communities and provide housing for more families. For example, in some states, if a housing provider owns a certain number of doors, they are not allowed to self-manage their portfolio and are supposed to enlist property manage- ment companies. Some states require investors to be licensed loan originators if they own more than a cer- tain number of properties.
16 | think realty magazine :: december 2021
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