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Tag: Legislation (7 articles found) - Clear Search

The 2025 National Real Estate Investing Summit: Adapting, Connecting, and Winning in the New Market

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 Cincinnati, OH — October 30 – November 2, 2025

This year’s National Real Estate Investing Summit brought together the best minds in real estate at the Great Wolf Lodge in Mason, Ohio — and it didn’t disappoint. For four packed days, investors from across the country came ready to learn, adapt, and make the deals that will shape the next wave of real estate success.

Hosted by OREIA (Ohio Real Estate Investors Association), this 40-year tradition remains the Midwest’s biggest and most respected investor gathering. From high-level keynotes to hands-on workshops, it offered one clear message: what worked two years ago won’t work tomorrow — but the right strategies still win big.


The Market Has Changed — and So Have the Rules

Interest rates, insurance costs, and property taxes are all up. Margins are tighter. But this year’s Summit made one thing clear: there’s opportunity everywhere for those willing to adjust.
Sessions focused on:

  • Creative deal structures — seller financing, sub-to, lease options, and partnerships.

  • Emerging asset types — shared housing, mid-term rentals, and notes.

  • Tax-smart investing — strategies for keeping more of what you earn.

  • AI and automation tools — streamlining lead generation, property analysis, and marketing.

For Greater Dayton REIA members, these sessions hit home. The conversations around co-living and mid-term rentals are e ... Read More…


NEW FinCEN Rule: What Residential Realtors Need to Know

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www.firstohiotitle.com
Who is FinCEN? FinCEN (Financial Crimes Enforcement Network) is a bureau of the U.S. Treasury tasked with protecting the financial system from money laundering, terrorism financing, and other financial crimes.

šŸ“… What’s Happening on December 1, 2025?
A new nationwide rule goes into effect requiring the reporting of certain all-cash residential real estate transfers to legal entities or trusts. This replaces older, localized reporting requirements.
šŸ  What Does It Cover?
  • Non-financed (cash) purchases of 1–4 unit residential properties
  • When the buyer is a legal entity (LLC, Corporation, or Trust)
  • Includes sales, gifts, and some transfers unless exempt
šŸ“‹ What Must Be Reported?
  • Property address and details
  • Name of the buyer (transferee) and their beneficial owners
  • Purchase price and payment method
  • Name of the seller (transferor)
ā³ When Is It Due?
Reports must be filed by the later of:
  • 30 days after closing, or
  • The last day of the following month
šŸ’” Why It Matters to Realtors
  • Entity buyers may need extra time to gather documentation
  • Title or closing agents may request info from you or your client
  • Understanding the rule helps prevent delays and confusion
āœ… What Realtors Should Do Now
  • Ask early: “Is your buyer using a trust or LLC?”
  • Inform clients that ownership details may need to be disclosed
  • Partner with title companies familiar with FinCEN rules
  • Stay updated as more ... Read More…

City of Middletown Water Utility Update

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 On Facebook today, the City of Middletown announced the following update to water utility billing, illustrating the need to focus on current Ohio water utility Legislation:

Important Water and Sewer Update! šŸ“£

The City of Middletown Water and Sewer Rules and Regulations are in the process of being updated. The updated rules and regulations will go into effect April 1st, 2025. Some key changes to take note of are:

• All water accounts will remain in the property owner's name. Tenants will no longer be able to sign up for a water account. Any account that is currently in a tenant’s name will remain active until the account is closed.
• The service fee will be increasing to $50.00.
• Deposits will be increasing to $300.00.

A copy of the Water and Sewer Rules and Regulations can be found on the city website at cityofmiddletown.org/254/water-services.

... Read More…

Coporate Transparency Act Flip-Flopping Finally Resolved???

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PRESS RELEASE FROM THE TREASURY DEPARTMENT REGARDING CTA:

March 2, 2025

The Treasury Department is announcing today that, with respect to the Corporate Transparency Act, not only will it not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the existing regulatory deadlines, but it will further not enforce any penalties or fines against U.S. citizens or domestic reporting companies or their beneficial owners after the forthcoming rule changes take effect either. The Treasury Department will further be issuing a proposed rulemaking that will narrow the scope of the rule to foreign reporting companies only. Treasury takes this step in the interest of supporting hard-working American taxpayers and small businesses and ensuring that the rule is appropriately tailored to advance the public interest.

“This is a victory for common sense,” said U.S. Secretary of the Treasury Scott Bessent.  “Today’s action is part of President Trump’s bold agenda to unleash American prosperity by reining in burdensome regulations, in particular for small businesses that are the backbone of the American economy.”

... Read More…

CTA is Back On... Again! Deadline extended!

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Received this email today from an attorney friend and mentor - Lee R Phillips regarding FinCEN and BOI reporting which is back on, again, just in case you missed the latest news on this. Crazy how this keeps going back and forth 😳

" LegaLees
Well, there is good news and bad news on the FinCEN front. The Smith case in Texas has kept the FinCEN Beneficial Owner Information (BOI) information on hold, but yesterday the U.S. District Court for the Eastern District of Texas in Smith, et al. v. U.S. Department of the Treasury, et al., 6:24-cv-00336, lifted its injunction.
The Financial Crimes Enforcement Network (FinCEN) has announced that BOI reporting requirements under the Corporate Transparency Act are back in effect, with a new deadline of March 21, 2025.
So registration is back on. Isn’t this fun! I did a YouTube on all this last week tracking what happened in January, but this new information Trumps (no pun intended) that YouTube. It’s still a good watch if you are having trouble falling asleep ☹ Check it out at https://youtu.be/oO4_2sZ0tkc
FinCEN also announced it intends to initiate a process this year to revise the BOI reporting rule to reduce burden for lower-risk entities, including many U.S. small businesses.
I guess it will go ahead and register mid-March unless something else happens. I already have my FinCEN personal number, so they have all my information. I just need to link it to the various companies I have. If you haven&rsqu ... Read More…

HB93 Water Bill Update & More

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Advocating for legislative change on behalf of our members.


 Dear Friends,

 Thank you for your continued support and for taking action through our alerts to encourage the Ohio House and Senate to pass HB93, our "Water Bill".

Despite significant backing, we were unable to push this important Legislation across the finish line before the end of the year. Unfortunately, it got caught in the Senate Local Government Committee and was never brought to a vote.

 However, please do not view this as a setback; rather, it highlights the need for an earlier introduction and focus.

 OREIA is proud of the efforts of our legislative team and the hundreds of members who sent emails, messages, and phone calls showing support for this Legislation. A special thank you to State Representatives Mark Johnson and Riordan McClain for their steadfast commitment to this commonsense issue and their invaluable support of our efforts.

 We look forward to reconnecting with you in 2025 as we regroup and continue working toward a new path forward for this Legislation. Changing the unfair practice of holding property owners responsible for a resident's utility bill is a top priority in the new year.

 Thank you once again for your dedication and support.

Sincerely,

Scott Ellsworth
OREIA President

... Read More…