The NAR stats on FSBOs are extremely misleading.

Maybe it's approaches like that which have caused NAR to get sued?

Thirdly, check CIPS at NAR (http://www.realtor.org/designations-and-certifications/cips-designation/cips-network/cips-search).

Realtors, brokers, NAR, etc are not going to sit back on their haunches and let Zillow take over the industry without a fight.

Once over the phase out thresholds, no deduction is allowed for service based businesses.The NAR has taken the position that real estate agents are classified as service based businesses. 

Happy to give more dets on a PM.

My local NAR pres was quoted in my little paper this week. 

Average rents for multi-family properties are projected by the NAR to increase by 5.3 percent during 2006.

Codes of Ethics don't mean all that much, and I was just reading one of the precursors to NARs code of ethics drawn up by the Chicago Real Estate Board in the 40s or 50s, holy cats, is that thing chock full of open and obvious discrimination and prejudice, and all the realtors, just 'minding the code of ethics'...

In addition, the rules provide guidance that NAR has been seeking on two other provisions of importance to you: 1) whether any real estate rental income you have is eligible for the deduction, and 2) how the deduction applies to properties you've exchanged under Sec. 1031 of the tax code.