Ohio made a significant change to its law governing home construction services, introducing an amendment that impacts both contractors and homeowners. House Bill 50 (H.B. 50), signed by Governor Mike DeWine in June 2024, added several key terms to the Home...
Construction & Trades
EPA Rolls Back Wetlands Protections to Comply with Supreme Court’s Sackett v. EPA Decision
As KJK has previously covered, earlier this year, the Supreme Court of the United States (SCOTUS) delivered a landmark ruling on the reach of the protections afforded by the Clean Water Act (CWA) in Sacket v. EPA. In that case, while all agree the CWA provides some...
Insurance Limits, Inflation and Skyrocketing Replacement Costs
Unexpected inflation and increasing replacement costs could combine to present an unpleasant surprise to your expectations for property insurance coverage in a time of need. Many tend to think of real estate properties as stable fixed assets, well-positioned against...
How Proposed IRS Regulations Regarding Section 1031 Exchanges May Affect You Now and In the Near Future
Depending on the outcome of the upcoming presidential election, real property investors may lose the valuable benefit of capital gains deferral permitted under IRS Code Section 1031. This article explores how Section 1031 is utilized today, and what may happen to...