Throughout 2021, Virginia has enacted several new labor and wage laws that increase employer liability. Construction firms and other employers should look closely at their contracts and other agreements to stay ahead of compliance.
A bipartisan infrastructure plan passed in the Senate has substantial implications for the construction industry. Project Labor Agreements remain a hot topic in negotiations, especially among construction stakeholders.
Rising lumber prices aren’t the only numbers that construction firms are closely following. Price surges across many construction inputs are creating supply and demand volatility and concerns of inflation.
Certain types of residential rental property placed in service prior to 2018 can claim a shorter depreciation recovery period, potentially generating significant tax benefits. Affected taxpayers have until April 15, 2022 to file an amended return.
Given the ongoing pandemic, a new presidential administration, and uncertainties over economic recovery, real estate investors and other stakeholders have been watching the housing market for signs of a possible bubble or downturn
Last week, President Biden formally announced the details of his next wave of legislation called the American Families Plan.
Even with a national infrastructure bill on the horizon, the construction and real estate industries may be slow to respond to an expected turnaround later this year.
COVID-19, materials prices, and supply chain disruptions are impacting economic recovery in construction and real estate. Understand how to protect your business in a turbulent market and what to expect in the months ahead.
Retail rental tenants like brick-and-mortar stores and restaurants had a tough year in 2020. Many had varying levels of success by shifting to online platforms, though not everyone was able to quickly adapt.
President Biden recently unveiled his new $2.3 trillion infrastructure package, the American Jobs Plan. The construction industry will benefit in several ways, but there are mixed reactions on different aspects of the legislation.
As Internet Explorer will discontinue browser security updates by August of 2021, this site is best viewed using Google Chrome, Safari or Microsoft Edge.
