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New York Law Unmasks Anonymous LLC Ownership of Residential Real Property

Anonymous members of LLC’s that own residential real property in New York State may not be able to maintain anonymity much longer. Surprising law makers and real estate professionals alike, a new law is being interpreted to have a far greater reach and impact than previously thought. Senate Bill S1730, signed by Governor Cuomo on…

Opportunity for Businesses and Investors in Central New York: Opportunity Zones, Opportunity Funds, and Qualified Opportunity Zone Businesses

The 2017 Federal legislation “Tax Credit and Jobs Act” created a new opportunity for both businesses and residents of economically distressed communities. The benefits offered by the new Opportunity Zone Program created by the Tax Credit and Jobs Act has the potential to attract significant investment to qualified Opportunity Zone businesses across the country and…