Steven A. Marrer | Jul 23, 2021 | Articles, Real Estate, Tax
Real Estate Investors Beware President Biden’s Green Book was released on May 28, 2021, and the tax reforms include a proposal to limit the deferral of gain on the exchange of real property used in a trade or business, or held for investment purposes, for real... Jon J. Pinney | Jul 2, 2021 | Articles, Real Estate
Gov. Mike DeWine signed into law the budget bill which establishes the Ohio’s state budget for the next two years (July 1, 2021-June 20, 2023). The budget creates several new programs and modifies existing programs that could provide significant financial support to... Matthew T. Viola | Jun 26, 2021 | Articles, Real Estate
The Biden administration has extended the nationwide ban on evictions by a month in an effort to help tenants who are unable to pay rent due to the pandemic. CDC Director Dr. Rochelle Walensky announced Thursday that the evictions moratorium, which had been scheduled... Steven A. Marrer | May 1, 2021 | Articles, Real Estate, Tax
As expected, Governor Mike DeWine signed into law a bill that could provide significant relief for property owners whose property values were impacted by COVID-19 and related government lockdowns. SB 57 gives Ohio real property owners the opportunity to file... Matthew T. Viola | Apr 17, 2021 | Articles, Real Estate
The Biden Administration is attempting to address a nationwide housing shortage through a “carrot-only” approach to development. Included in the $2.3 trillion infrastructure plan is a roughly $213 billion affordable housing initiative, with a $5 billion grant program... Stephen D. Richman and Melissa Yasinow | Apr 10, 2021 | Articles, Real Estate, Tax
Both chambers of the Ohio legislature have passed Senate Bill 57, which aims to provide tax relief for property owners who have been harmed by the COVID-19 pandemic. This bipartisan legislation, which passed in the Ohio House and Senate with unanimous approval, is... 