Note: A portion of TREIA receipts is used
for lobbying efforts for/against laws that affect real estate investing.
According to the Internal Revenue Code, lobbying and political campaign expenses
that are paid with member dues are not deductible. Because of this, we must
notify you as to what portion of your dues cannot be deducted as a business
expense. In January of each year, you will be notified of the percentage of your
dues that cannot be deducted.