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Home · Articles posted by Al Williamson

As President-elect Joe Biden prepares to enter the White House, he and his administration are weighing a number of economic measures to take in the initial days and weeks. Among these, according to a report in the New York Times, is an extension on the moratoriums on evictions and foreclosures. This should not come as a surprise to…


Presidential hopeful Joe Biden has proposed a dramatic revision of the tax code. While the details are unknown, the big picture is to roll back President Trump’s centerpiece legislation, the Tax Cuts and Jobs Act of 2017, and make the tax code much more progressive. Biden’s plan, called “The Biden Plan for Mobilizing American Talent…


The economic fallout from the pandemic is hitting the lowest-income renters especially hard. That’s one finding from the new State of the Nation’s Housing report from the Joint Center for Housing Studies at Harvard University. More than half of renters who earn less than $25,000 a year lost wages between March and September, according the report, compared…


Virtual apartment showings. Online rental applications. E-payments instead of rent checks. Like so many industries, property management has found a way to adapt and push forward during the pandemic. It certainly hasn’t always been easy. Property managers and renters are on the front lines of the crisis, in more ways than one. Health and safety…


The truth is that apartment amenities have changed during the COVID-19 pandemic, and they will continue to do so for the foreseeable future so here are 10 ways and more they have changed. As we approach 2021, the COVID-19 pandemic shows no signs of slowing down. There is no denying that adjustments have had to…


Answering questions is part of the routine in property management. Some questions can lead us into fair housing hot water if we are not careful with our answers. Answering Questions – Your Communication Options In a previous post, we discussed how to answer questions on the telephone. That is by no means the only form of…


Legal Aid of North Carolina settled housing discrimination complaints with the builders, architects and owners of five apartment complexes, including two in Forsyth County, according to a news release Tuesday. The Legal Aid’s Fair Housing Project filed the complaints with the U.S. Department of Housing and Urban Development, saying that the five apartment complexes were…


Estate attorneys, certified public accountants (CPAs) and the very wealthy will likely go to war with the federal government with President-elect Joe Biden come Jan. 20. The issue at hand? Biden’s tax reform proposals, including a little-known provision called step-up in basis. What Is Step-Up In Basis? When people inherit assets after the death of a…


Q: I live in a Manhattan condo with a no-pet policy. I recently requested an exception to the rule because I need a dog as an emotional-support animal. The board rejected my request, claiming that because there is no definitive proof that dogs cannot spread coronavirus to humans, permitting one in the building endangers the…


The US Internal Revenue Service has released new regulations regarding the income averaging option for Low Income Housing Tax Credit housing. Income average is used by LIHTC properties use to serve residents making up to 80% of the median area income. The new regulations address several key issues and provide clarity for the model. Income…

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