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Increasing the Capital Gains Exclusion
Ken 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.
Protecting Independent Contractor Status
Ken knows that protecting independent contractor status is important to REALTORS® and a strong real estate industry. Ken is fighting tirelessly to preserve independent contractor status for REALTORS®, and to ensure that REALTORS® can continue to work to serve the needs of clients, consumers, and their communities.
Streamlining VA Home Loans
Ken understands the challenges many vets and enlisted military members face when looking to purchase a home in the current market. That’s why he supported legislation that made the VA home loan limit more competitive and enacted common-sense solutions to streamline the program.