COVID State Mortgage Reform by Realtors

State: Minnesota

The realtor association: Minnesota Realtors, a 100 year old trade association

What policy changes do Minnesota Realtors want to mortgages?

Mortgage debt cancellation tax relief

Why is mortgage debt cancellation tax relief so important?

Offer property owners relief from having mortgage debt treated as “income” and taxed; particularly important during tough and uncertain economic times like the current pandemic

Minneapolis Star Tribune | Tax relief for mortgage debt cancellation key issue for Minnesota Realtors