Understanding Stepped-Up Basis In Real Estate
Understanding Stepped-Up Basis in Real Estate Navigating the financial aspects of an inheritance can be complex, especially when real estate is involved. One of the most important concepts to understand is the “stepped-up basis.” This tax provision can have a significant impact on the amount of tax an heir owes when they eventually sell an […]
So You Won a Lawsuit in Ohio. Now What? A Guide to Collecting Your Judgment
Winning a lawsuit and being awarded a judgment can feel like the end of a long journey. The court has officially recognized that someone owes you money. However, this legal victory is often just the beginning of another process: collecting the actual funds. A judgment is a powerful legal document, but it isn’t a self-executing […]
OVI: Ohio Impaired Driving Law Offenses Chart
Are you wondering what the limits and penalties are for operating a vehicle while under the influence of alcohol? Or are you looking for laws about controlled substance OVIs? This chart of Ohio’s OVI and DUI Laws and Violation Penalties can answer your questions.
Ohio OVI: Consequences and Traffic Stop Guidelines
As a criminal defense attorney practicing in Ohio, I regularly see clients whose lives are dramatically altered by OVI (Operating a Vehicle Impaired) convictions. Understanding the consequences and proper conduct during traffic stops can protect your rights and future.
Can Landlords Include Smoke-Free Provisions in Residential Lease Agreements?
Yes, landlords are allowed to include smoke-free provisions in residential lease agreements, but the provisions do not have a significant chance of being enforceable in a court of law.¹
The Ohio Department of Health (the “Department”) has officially released literature encouraging landlords to include smoke-free provisions in lease agreements. The Department believes that including these provisions will aid in preventing fires and eliminating the effects of secondhand smoke on other tenants.² Nonetheless, the Baldwin’s Ohio Handbook regarding Landlord Tenant law provides doubt that a smoke-free provision will be enforceable in a court of law.³
Should I create an LLC for my rental properties?
A question we commonly get asked not only from people who are starting their rental property investment portfolio but also from people who have been operating rental properties for years is whether or not they should create an LLC (limited liability company). As the name suggests, an LLC helps limit liability. The follow-up question is then, why would I need to do that?
Corporate Transparency Act Deadline
The Corporate Transparency Act went into effect in January of 2024. Under the Corporate Transparency Act, all owners (including minority stake owners) of most business entities, including Limited Liability Companies (LLCs), must submit a beneficial ownership information report to the Federal Financial Crimes Enforcement Network (FinCEN).
Ohio Drug Offense Quick Reference Guide
Sentencing for drug charges in Ohio can be complicated. This Drug Offense Quick Reference Guide lists sentencing guides for common drug charges.
Ohio Felony Sentencing Guide
If you have been charged with a felony offense, you probably have many questions about what comes next, what happens if you are found guilty, and what the punishment may be. This Ohio Felony Sentencing Reference Guide below can help answer many of your questions about potential sentences you may face.
When Sellers Conceal Defects
Discovering defects in a newly purchased home can be a frustrating and costly experience for any buyer. In Ohio, buyers carry a significant responsibility to inspect the property thoroughly before finalizing the purchase, which can complicate matters if defects are later discovered.