Government Affairs

More About the NEW CONDO Rules!

Posted on: August 26th, 2019 by Andrew Clark No Comments

More About the NEW CONDO Rules! Condo Rule Opens Door to Homeownership for Middle Income Americans August 22, 2019 By: Wesley Shaw, National Association of REALTORS® As many may already know, the Department of Housing and Urban Development last week announced the long-awaited arrival of new Federal Housing Administration condominium loan policies. Many of the changes… Read More »

Governor Mike DeWine Signs Ohio’s FY 2020-21 Budget Bill

Posted on: August 5th, 2019 by Andrew Clark No Comments

Ohio Governor Mike DeWine signed Ohio’s FY 2020-21 Budget into law on July 18, 2019. Click here for a media release from the governor’s office on the budget. The budget includes a 35% fee increase by the Ohio Division of Real Estate (ODRE) that was supported by OHIO REALTORS® but also contained several other items… Read More »

Cincinnati’s 2019 Budget

Posted on: July 1st, 2019 by Andrew Clark No Comments

Cincinnati’s 2019 Budget: Money for Health Gap, 911 Center and Police OT, and Lots of Fee Increases By Sharon Collidge Cincinnati Enquirer June 27, 2019 Cincinnati City Council eked out the 2019 budget Wednesday, wrestling a $32 million deficit to the ground with roughly $10 million in cuts and a series of tax and fee increases. There… Read More »

Gov. DeWine Signs Bills to Temporarily Keep State Government Running

Posted on: July 1st, 2019 by Andrew Clark No Comments

Gov. DeWine Signs Bills to Temporarily Keep State Government Running By Laura A. Bischoff, Dayton Daily News June 30, 2019 The House and Senate was unable to reach a deal before Sunday deadline. The Ohio House and Senate failed to strike a deal on the state operating and workers’ compensation budgets this weekend and instead… Read More »

Treasury, IRS Give BIG WIN to Real Estate Professionals

Posted on: February 4th, 2019 by Andrew Clark No Comments

Late last week, the Treasury Department and the Internal Revenue Service issued final regulations regarding the new 20 percent deduction on qualified business income. As Americans begin preparations for the 2018 tax filing season, real estate professionals have been uncertain about the true impact of the 2017 Tax Cuts and Jobs Act on their respective… Read More »

2019 Federal Advocacy Agenda

Posted on: January 21st, 2019 by Andrew Clark No Comments

NAR Advocacy Group January 21, 2019 Mark Quarry, Director of Government Affairs The National Association of REALTORS® has released the Federal Advocacy Agenda for 2019. It was formulated from the Federal Issues Survey results compiled by NAR and the current climate in Congress and President Trump’s Administration and will be the focus of NAR Advocacy efforts… Read More »

Cincinnati City Council to Set 2020 Property Taxes

Posted on: January 7th, 2019 by Andrew Clark No Comments

On January 3, 2019, Cincinnati City Council’s Budget & Finance Committee voted to keep Property Taxes in 2020 at today’s current amount, thereby setting the stage for continuing the Property Tax Rollback – a long-standing, key issue of the Cincinnati Area Board of REALTORS® and property owners throughout the city. Want to see CABR Advocacy… Read More »

Hamilton County Commissioners Increase Real Property Transfer Tax

Posted on: December 17th, 2018 by Andrew Clark No Comments

Hamilton County Commissioners Vote 2-1 to Increase the Real Property Transfer Tax It will be more expensive in 2019 to sell a property in Hamilton County. Hamilton County Commissioners Todd Portune and Denise Driehaus voted today to increase the Real Property Transfer Tax by 1 mill, putting Hamilton County’s Transfer Tax at the maximum 4… Read More »