Now that the election is over, and TV and radio are not filled with nonstop political ads, and the end of the year fiscal cliff draws near, how is the divided congress going to work with a second term president to reduce the deficit? How will their action or...
Knowledgeable and efficient closing services.
dornishnet
PA Historic Preservation Incentive Act to Spur Renovation of Historic Structures
When Governor Corbett signed House Bill 761 on July 2, 2012, the Historic Preservation Incentive Act, which was part of a larger Bill that provided amendments to the Tax Reform Code of 1971, became law. (Pa. Pub. Law. No. 751, Act No. 85, Art. No. XVII-H (July...
Pennsylvania Finally Passes Act 129 Law on Abandoned Tenant Property
For many years, landlords (and tenants) in Pennsylvania have faced uncertainty on their respective legal rights to personal property of tenants left behind in rental properties. How long did a landlord have to hold onto tenant possessions left in the rental...
Finding and Trusting Real Estate Mentors and Professionals
This week, two clients came in with problems which caused me to choose the topic for this article. The first was early in the week, when I had a consultation with a client who had loaned money to a Pittsburgh based wealth building coach. The client hadn’t...
The Risks and Rewards of Tax Sale, Foreclosure and Short Sale Investing
Just last week, after over a year waiting for a second decision from the Pennsylvania Superior Court, I was able to let my client know that we “won” his lawsuit, and he will be able to keep the $180,000.00 property he bought at a Sheriff’s sale for just...
Entities for Business and Real Estate Investing 2012
A new year is a time for resolutions to open new businesses or to change the structure of the business you have for asset protection, tax benefits, privacy, retirement and/or estate planning purposes. But before you figure out the changes you want to make, you...
Fall 2011 PROA Report
The quarterly PROA board meeting was held on the first Thursday of September. Our lobbyists from Pugliese Associates in Harrisburg reported on the status of almost a hundred different bills of interest to landlords and real estate investors which bills are...
Living Trusts: Truth and Fiction
By Charles C. Bell, Esquire and Bradley S. Dornish, Esquire A number of individuals are considering the use of a Living Trust to “ensure privacy” of their affairs after death, and the belief that this effectuates a substantial savings in probate costs after death....
Bankruptcy Issues for Landlords, Contractors, and Real Estate Buyers – Part 2: Claims and Claimants
As real estate lawyers, we run into questions involving bankruptcy of our landlord clients’ tenants, of our contractor clients’ customers, and of the owners of real estate our clients want to buy. In this series of articles, we will attempt to address some of...
Bankruptcy Issues for Landlords, Contractors, and Real Estate Buyers – Part 1: The Automatic Stay
As real estate lawyers, we run into questions involving bankruptcy of our landlord clients’ tenants, of our contractor clients’ customers, and of the owners of real estate our clients want to buy. In this series of articles, we will attempt to address some of...