2021 represents uncharted waters for individuals who rely on lumber, steel and other building materials in their daily operations. Individuals in all segments of real estate development and construction, from home flippers to commercial and residential real estate...
You can view an updated version of this article here. 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...
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...
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...
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...
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...
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...
Industry metrics continue to signal that homebuilders are experiencing a strong summer. In order to continue the trend, homebuilders need to meet the demands of the market. As mortgage rates remain low and buyers place bids on homes sight unseen at record numbers, the...
We’ve been getting some questions lately regarding the new notary law that recently went into effect in Ohio. The law (Ohio Senate Bill 263, the Notary Public Modernization Act) makes significant changes for Ohio Notaries Public and those who wish to become Notaries....
By Amanda Lauer While the legalization of marijuana has become a hot topic in the news – in both a medicinal and recreational context – little attention has been given to how this legalization is impacted by both the financial and real estate industries. As the trend...