By Stephen D. Richman (Watch your Language [with easements] & Say What You Mean, Precisely or a Judge Will Tell You What You Meant #11) Watch Your Language. As established in other “Watch Your Language” articles for this Blog, as a general rule, courts will uphold...
By Stephen D. Richman On this 4th of July holiday, in a world of economic uncertainty and cowardly acts of terrorism, it seems more than prudent to be patriotic and proud of displaying our symbols of G-d and country, particularly our flag and the banners that honor...
By Stephen D. Richman The recently released Rev. Proc. 2016-29 details new procedures for automatic accounting method changes and effectively provides a one year extension for taxpayers to implement many portions of the Tangible Property Regulations (TPR). The TPR...
By Connie S. Carr A couple of weeks ago, I published information regarding Ohio EPA's dredged material program. Today I want to provide some fun facts about each of Ohio's 8 harbors on Lake Erie. All information was obtained from statistics provided by the Ohio EPA....
By Connie S. Carr In my article a couple of weeks ago, I covered some of the information in the Ohio EPA's Dredged Material Program. Due to state law in Ohio prohibiting open lake disposal of dredged material in Lake Erie after July 2020, the limited space left in...
By Stephen D. Richman Most investors of commercial real estate understand the importance of “due diligence”; a term often used to describe the process of investigating anything and everything about the property to be purchased. Confirming what property is being...
All of the information below was taken from the Ohio Environmental Protection Agency web page for its Dredged Material Program — If you live or work along Ohio’s northern border, aka Lake Erie, particularly near one of Ohio’s 8 ports, then you may be aware of the need...
If there is one area of law affecting the use of real estate that can be particularly difficult to understand, it is environmental regulation. The Ohio EPA’s web site offers an abundance of information on Ohio environmental training and workshops that can steer...
“In this world nothing can be said to be certain, except death and taxes”- Benjamin Franklin In Ohio (and other jurisdictions) there are exceptions to Mr. Franklin’s general rule. Certain entities such as corporations and limited liability companies may live on for...
One of the more confusing areas in the world of charitable use exemptions of real property from taxation in Ohio revolves around situations where the property is leased. On February 16, 2016, the Ohio Supreme Court decided an appeal from the Board of Tax Appeals (the...