To supplement shortfalls in sales-tax revenue, officials in Tuscaloosa, Ala., are considering a change to the city’s business-license fee structure in five categories including telecommunications, carnivals, check-cashing and title loans, self...
Marshalltown, Iowa, officials are considering an expansion of the town’s Urban Renewal Plan (URP) for Area No. 3 to make way for a proposed self-storage expansion. The move is opposed by some local businesses as well as Marshall County officials...
Update 6/12/18 – SOA has opened its new regional headquarters in Anderson as well as another newly built property in the city. The company held grand-opening celebrations for both facilities earlier this month, according to a press release...
Update 4/13/18 – A Saratoga County IDA public hearing scheduled for Monday was canceled after Prime notified the IDA it was temporarily withdrawing its application seeking more than $460,0000 in tax breaks on its self-storage project on Route 50...
President Donald Trump recently signed a tax-reform bill into law that provides the most significant U.S. tax changes since the Tax Reform Act of 1989. While self-storage owners will continue to enjoy many of their previous tax-relief advantages...
Self-storage operators in Florida are preparing for a change in sales tax to be applied to unit rentals starting next month. An amendment to the state’s real estate sales-tax law, passed in May, will drop the sales tax on commercial rent by .2...
Many self-storage owners are becoming increasingly familiar with the powerful cash-flow improvement concept of accelerated depreciation deductions resulting from cost segregation. Recent developments, including 50 percent and 100 percent first...
With the Affordable Care Acts healthcare insurance mandates on the horizon, theres a lot of confusion about how self-storage operators will be affected. This article examines the definition of a large employer as well as the penalties employers...
