2012 is likely to be similar to 2010 and 2011 in many segments of the real estate industry. However, the residential rental market is frequently mentioned as a bright spot. There is more demand than supply to meet the needs of the market place. Apartment communities and apartment buildings will surely meet most
Sales Tax Alert
The Ohio Department of Taxation has been enforcing the obligation to pay sales taxes by contractors and property managers for services received when the invoices do not separately identify sales tax as a specific line item. Look at all of the invoices received for any services contracted for and make sure that sales taxes are
A Fuel Cell for the Rest of US
Recently, 60 Minutes aired a story about Bloom Energy, a Silicon Valley alternative energy start-up, which has developed fuel cell technology capable of taking us off of the electrical grid. The video speaks for itself so watch it below. As you watch it, think about how technology such as this will transform the real estate
No Exclusive Cable Contracts for Apartment and Condominium Projects
The U.S. Court of Appeals for the District of Columbia recently upheld a 2007 Federal Communications Commission ("FCC") order prohibiting the owner’s of apartment buildings, condominiums and other multi-unit residential properties from entering into exclusive contracts for providing cable T.V. services. The FCC relied upon Section 628(b) of the Communications Act. The FCC’s position is