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NEBRASKA REALTORS®
FOR DON BACON
Increasing the Capital Gains Exclusion:
Don Bacon supports the More Homes on the Market Act which would double the current capital gains exclusion for homeowners when selling their principal residence and index it to future inflation. Without the fear of a massive tax liability, more long-time homeowners will be incentivized to sell their homes and help alleviate the inventory shortage.
Mainstreet Tax Certainty Act:
Don Bacon understands how critical certainty in the tax code is to small businesses in order for them to thrive. That is why he supports The Main Street Tax Certainty Act which makes permanent the tax deduction for qualified business income and substantially lowers the tax burden on small pass-through businesses.
Trigger Leads:
Don Bacon supports outlawing the use of trigger leads, a practice in which lenders and brokers acquire consumer information when the client has applied for a mortgage loan. Competing lenders and brokers can purchase credit data that shows who applied and then solicit the borrower. This practice is an annoyance to consumers who often believe their REALTOR® has sold their data when this is not the case.