Category Archives: Legislative

New State Law Exempts Charlotte Redevelopment Projects from Stormwater Controls

State legislation passed last month at the conclusion of the 2018 session of the General Assembly means redevelopment sites in Charlotte are no longer required to include on-site stormwater controls if no additional impervious surface is created. A provision in SB 469, a … Continue reading

Posted in Legislative, Local

Charlotte Postpones TOD Ordinance Hearing as Draft Undergoes Revision

The Charlotte planning department has postponed a public hearing for its new Transit-Oriented Development (TOD) zoning ordinance from February 25th to March 18th, as it revises the proposal to incorporate feedback from REBIC and other stakeholder groups. While the updated draft isn’t scheduled to … Continue reading

Posted in Industry, Legislative, Local

Regulatory Report

As licensed professionals, the rules approved by regulatory boards like the North Carolina Real Estate Commission are important for dictating the way that you conduct your business. From time to time, these rules are changed or amended to reflect changes … Continue reading

Posted in Industry, Legislative

CALL FOR ACTION: Tell Commissioner Causey to Oppose Insurance Increases for Homeowners

In just a few short weeks, more than 3,600 emails have been sent to Insurance Commissioner Mike Causey to ask him to reject the proposed 17.4 percent increase in homeowners insurance rates. Have you taken action? We are less than … Continue reading

Posted in Legislative, Local

Tax Win: IRS Provides Clear Test on How 20% Deduction Applies to Rental Income, Exchanges

The Internal Revenue Service has issued final rules on the 20 percent business income deduction (Sec. 199A of the Tax Code) that was enacted in late 2017 as part of the Tax Cuts and Jobs Act. Among other things, the … Continue reading

Posted in Industry, Legislative

Treasury, IRS Give Big Win to Real Estate Professionals in Qualified Business Income Rule

Originally posted through REBIC. Late last week, the Treasury Department and the Internal Revenue Service issued final regulations regarding the new 20 percent deduction on qualified business income. As Americans begin preparations for the 2018 tax filing season, real estate … Continue reading

Posted in Legislative

Mecklenburg County Property Revaluations Online Now

Originally posted through REBIC. The 2019 Mecklenburg County Property Revaluation is complete, and property valuations are now online at the Assessor’s website.  Look for your Notice of 2019 Real Estate Assessed Value in your mailbox in late January 2019, and remember that this … Continue reading

Posted in Legislative, Local