Business Network Associates, which meets weekly in Dublin, Ohio, is looking for business professionals to join our networking organization. We are seeking individuals from all types of professional areas. Currently, our roster consists of: travel consultant, financial planner/adviser, commercial realtor, residential realtor, title company professional, home mortgage broker, certified public accountant, commercial banker and an information technology services consultant. If you are an attorney, printer, auto salesperson, builder/remodeler, in auto salesperson, architect, or from just about any profession, we'd love to hear from you!
Feel free to drop by our weekly meeting on Mondays at noon, and see for yourself. We meet at the Dublin Retirement Center, Post Road (1/4 mile west of Avery-Muirfield Drive) in Dublin, Ohio. Take the elevator in the lobby to the second floor, and turn left into the conference center/lounge.
Wednesday, June 20, 2007
Wednesday, June 6, 2007
COMMERCIAL REAL ESTATE -- Ohio Lawmakers Ready To Tinker With 9-Month Old Property Registration Law
By Brent Greer
For owners of residential investment property in Ohio (one unit or more), get ready -- state lawmakers are getting ready to noodle around with the newly enacted "property owner/contact" registration process.
Originally a statewide answer to widely varying registration schemes in cities large and small around the Buckeye State, the registration "standard" now is apparently causing problems. And state lawmakers are going to see what they can do to make everyone happier. The issue is that smaller counties, which had no registration process at all, or had small towns with their own registration programs, are now responsible for the process and view the mandatory registration of contact information for residential property owners as an unfunded mandate. Which, technically, it is.
County auditors offices in the state's poorer counties are concerned about the extra requirements being assigned to them. The registration idea was born in Ohio's urban markets, where city and county officials were having trouble tracking down absentee landlords who skipped on taxes or neglected their properties. The thinking is that some counties might have the option to enforce the state law. THAT will be an interesting fight!
Stay tuned . . .
Brent Greer is an investment specialist in Columbus, Ohio with Prudential CRES Commercial Real Estate. Brent represents buyers and sellers of income-producing properties, particularly multi-family, land and office, and consults on IRS 1031 tax-deferred exchanges. Email: bgreer@prudentialcrescolumbus.com
For owners of residential investment property in Ohio (one unit or more), get ready -- state lawmakers are getting ready to noodle around with the newly enacted "property owner/contact" registration process.
Originally a statewide answer to widely varying registration schemes in cities large and small around the Buckeye State, the registration "standard" now is apparently causing problems. And state lawmakers are going to see what they can do to make everyone happier. The issue is that smaller counties, which had no registration process at all, or had small towns with their own registration programs, are now responsible for the process and view the mandatory registration of contact information for residential property owners as an unfunded mandate. Which, technically, it is.
County auditors offices in the state's poorer counties are concerned about the extra requirements being assigned to them. The registration idea was born in Ohio's urban markets, where city and county officials were having trouble tracking down absentee landlords who skipped on taxes or neglected their properties. The thinking is that some counties might have the option to enforce the state law. THAT will be an interesting fight!
Stay tuned . . .
Brent Greer is an investment specialist in Columbus, Ohio with Prudential CRES Commercial Real Estate. Brent represents buyers and sellers of income-producing properties, particularly multi-family, land and office, and consults on IRS 1031 tax-deferred exchanges. Email: bgreer@prudentialcrescolumbus.com
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