Browsing Category sideblog

Fine Then. Build the Western Bypass

If the Albemarle Board of Supervisors does pass Places29, without fundamental changes (including real consideration of a bypass option), we believe VDOT will continue to press the arterial standards. 

…Places29 will then be nothing more than an expensive book of pretty pictures that hindered rather than enhanced development opportunities in the development areas.

…29 North was never designed to to be an artery where pedestrian activity was encouraged, was it? Start reading about the Western Bypass , and understand that, like most infrastructure improvements in our area, nothing will ever get done.

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A Bill to Protect Consumers: Specifically Single Agent Dual Agency

Such written consent and disclosure of the brokerage relationship as required by this article shall be presumed to have been given as against any client who signs a disclosure as provided in this section. (i) shall be writing and (ii) may be given to either party at the time prior to the commencement of dual representation. … That following the commencement of dual representation, the licensee will be unable to advise either party as to the terms, offers or counteroffers; however, the licensee may have previously advised one party as to terms prior to the commencement of dual representation; 2. That the licensee cannot advise the buyer client as to the suitability of the property, its condition (other than to make any disclosures as required by law of any licensee representing a seller), and cannot advise either party as to repairs of the property to make or request; 3. … Such disclosures shall not be deemed to comply with the requirements set out in this section if (i) not signed by the client or (ii) given in a purchase agreement, lease or any other document related to a transaction.

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If you Own Rental Property (in the Charlottesville area) – Read This!

A small-business bill poised to become law includes new tax reporting requirements for rental property owners and a second provision calling for steep increases in fines for any person or business who fails to furnish correct information to the IRS, such as 1099 forms for services and purchases. The two provisions are tucked inside the Small Business Lending Fund Act, which passed the Senate Thursday. A report issued last week by the Joint Committee on Taxation calculates that the two provisions combined would raise about $3 billion of the overall $30 billion cost of the legislation. According to the bill’s proposed new rules on rental property, owners who pay $600 or more for a service such as plumbing, landscaping or painting, would be required to issue 1099 forms to the IRS and whoever provided the work.

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