The recent passage of Senate Bill 1718 by the governor sent undocumented laborers running for cover. 

The best part of the book is the diagrams and the passages explaining them.

This is for information purposes only,does not constitute a rate lock, and the Interest Rate is subject to change based on prevailing interest rates.PAGE 2 OF 3Preliminary Estimate of CostsRental Loan - FixedEstimate Date: 10/20/2023Disclosures and ContingenciesADDITIONAL CASH REQUIREMENTSRe-uired Li-uid Reserves $ 12,691Valuation Fee TBDINTEREST RESERVE ACCOUNTSo long as no Event of Default has occurred and is continuing and no event with the passage of time and/or the giving of notice would constitute a default hereunderor under any other Loan Documents have occurred.

This is for information purposes only,does not constitute a rate lock, and the Interest Rate is subject to change based on prevailing interest rates.PAGE 2 OF 3Preliminary Estimate of CostsRental Loan - FixedEstimate Date: 10/20/2023Disclosures and ContingenciesADDITIONAL CASH REQUIREMENTSRe-uired Li-uid Reserves $ 33,234Valuation Fee TBDINTEREST RESERVE ACCOUNTSo long as no Event of Default has occurred and is continuing and no event with the passage of time and/or the giving of notice would constitute a default hereunderor under any other Loan Documents have occurred.

With passage through this committee, the bill will now be introduced to the Colorado Legislature in January.

There’s several issues at play here and they’re all further compounded by the recent passage of AB3088 (the COVID-19 Tenant Relief Act) last week.

It was actually more of a right of passage + challenged me to pivot. 

He indicated the intent was to prohibit any jurisdiction in the state to remove a safe rental unit for 5 years from the passage of the bill.  

The owner could not put up a fence or prevent passage without getting sued (and losing).

. / Markup (tentative) in the Senate Finance Committee.November 17 - December 24: Passage of tax reform bill targeted for as early as the Thanksgiving recess (November 17) or as late as Christmas Eve.The goal of the White House and Republican leadership is to have a tax reform bill signed into law within the next 3 to 8 weeks.If the bill is passed into law:December 31, 2017: Deadline to complete sale/acquisition of either relinquished or replacement property, in order to qualify for treatment of Section 1031.January 1, 2018: Modifications to Section 1031 become effective.The legislative schedule is aggressive.