John Milino, owner of Alberta Storage Place Ltd. in Calgary, Alberta, Canada, recently received his monthly tax bill and was shocked to see an increase from $8,408 to $10,440 for the second half of the year. Since 2015, the annual tax bill for his...
Update 5/21/19 – With LB 289 stalled in the legislature, Nebraska lawmakers are pursuing an alternative approach by proposing a sales-tax amendment to LB 183, a bill that would make an adjustment in the valuation of agricultural land. The...
When property taxes deter real estate investing, it has a domino effect that harms our local economy. A self-storage owner and developer offers two solutions—vacancy tax and consumption tax—that can better serve our communities.
The Tax Cuts & Jobs Act has changed the way self-storage owners and investors should approach their tax deductions this year. Read what’s new as well as advice on how to maximize your tax savings.
Update 10/8/18 – BlackMountain and New Rochelle Birch Development have been granted an estimated $2.5 million in tax relief for the self-storage project slated for 2 Birch St. The developer intends to demolish the former Rotanelli plant and...
