News

Tough Times Ahead… Analyze More Than Just an Applicants’ Income.

by Scot Aubrey Everyone loves a good survivor story.  Whether it is a group of 12 boys rescued from a cave in Thailand or the indomitable spirit of a soldier who endured more than two and a half years as a POW during World War II, these stories strike a chord with all of us.  Naturally we put ourselves into the...

America is 246 Years Young!

By Brad Beckett This Monday, July 4th, will mark 245 years of America’s independence!  Today’s infographic takes a look at the Fourth of July “by the numbers” and provides insight into this holiday that we Americans hold dear.  Whatever you do to celebrate, do it safely and have fun…..and, as always, Stay safe and have a Happy Friday!!! “On July 2nd, 1776,...

Five Requirements for Identification of Replacement Property in a 1031 Exchange

By Brad Beckett Today's graphic from Accruit reminds us that the ability to defer taxes through a 1031 like-kind exchange is a valuable taxpayer benefit, but to receive it, the rules pertaining to identification and acquisition of replacement property must be strictly followed. They have outlined the 5 requirements for identification of replacement property in a 1031 Exchange.  Indeed.....Stay safe and...

Breaking Down $1 of Rent in 2022

By Brad Beckett There is a lot of misinformation out there about landlords and profit margins from their investments. Today’s infographic from the National Apartment Association rightly calls supposedly large profit margins a “misconception” which is why they chose to explain where $1 of rent really goes. Indeed……Stay safe & have a Happy Friday!!

House committee passes bill to block cities from regulating Airbnbs, other short-term rentals

By: Jake Zuckerman - May 11, 2022 4:00 am An Ohio House committee passed legislation Tuesday that would block local governments from banning or directly regulating short-term rentals like Airbnb within their borders. The legislation blocks towns and counties from enacting ordinances that prohibit businesses or people from renting property for less than 30 days at a time. Additionally, it blocks them...