Further, even if they were considered, many times there are opposing forces involved in getting the required acts approved and some provisions hit the cutting room floor while others are wedged in to make a particular group more likely to push the legislation through.

People have gone into great depth about the various tax benefits of different avenues (RE vs 401(k)/IRA vs Roth vs life insurance, etc.)What people haven't mentioned is that these are all based on legislation, written by politicians.

The hotel lobby was very pleased by the passage of this bill and it appears that one legislator, the bill sponsor, has an interest in some hotels. http://alextimes.com/2017/02/general-assembly-progresses-on-area-airbnb-regulations/Opinion article on page 18 of pdf.http://alextimes.com/wp-content/uploads/2017/02/02_23_2017-Alex_Times_Final-Web.pdf

Does not matter what the municipality says if you have not been consistently collecting the fee tenants are no longer obligated to pay since the landlord makes the decision to collect not the municipality.Municipality is only a suggested guide line not mandatory.State legislation does not cover late fees.You would be farther ahead to train your tenants than attempting to punish them.

Not clear yet how tax reform legislation will affect the capital gains tax rates.

Except possibly in CA where buyouts are legislated.

Most collectors we hear stories about make every effort to circumvent the FCRA, the FDCPA and much other legislation.'

I do believe they will pass some sort of lead legislation but after attending a couple meetings I believe they will pass something fair.

Each month’s meeting includes (subject to change):6:00 – 6:30 – REIA Business/Vendor/Benefit Introductions6:30 – 6:45 – The “Test Your Knowledge” or “Deal or No Deal”6:45 – 7:00 – Market & Legislative Updates Updates7:00 – 7:30 – Structured Networking Session7:30 – 7:45 – Giveaways & Door Prizes7:45 – 9:15 – Education Topic / Main Speaker Session9:15 - 10:00 – Late Nite NetworkingEDUCATION TOPICReal Estate Investors and Excel…Supercharge your AnalysisDiscover the BasicsStarting with the basics, you’ll learn how to turn Excel into your most powerful productivity tool.

We are doing our best to fight this but it is happening so quickly (now it is considered emergency legislation and can bypass certain committees) that I am not sure how this will turn out.