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January 27, 2025 12 mins

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In this SPECIAL EDITION of Dishin' Dirt, I welcome Nick Kremydas, CEO of the South Carolina Realtors Association, to discuss the upcoming ATI exemption filing deadline and the importance of advocacy in the real estate industry. 

We delve into the NAR Advocacy Week, the significance of the ATI exemption for property owners, and the role of REALTORS in navigating tax issues for their clients. The conversation emphasizes the need for REALTORS to stay informed and proactive in advocating for their clients' interests, especially in light of changing tax laws and property assessments.

Takeaways

  • NAR Advocacy Week highlights the importance of REALTOR advocacy.
  • The ATI exemption helps property owners manage tax increases.
  • REALTORS should inform clients about filing for the ATI exemption.
  • Advocacy efforts can lead to significant changes in tax laws.
  • The deadline for filing the ATI exemption is January 31st.
  • REALTORS play a crucial role in navigating tax processes for clients.
  • Understanding property tax classifications is essential for REALTORS.
  • The value of REALTOR organizations extends beyond their members.
  • Tax reform is a priority for the South Carolina legislature.
  • Effective communication with clients can enhance REALTOR value.

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Gary

* Gary serves on the South Carolina Real Estate Commission as a Commissioner. The opinions expressed herein are his opinions and are not necessarily the opinions of the SC Real Estate Commission. This podcast is not to be considered legal advice. Please consult an attorney in your area.

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