Weather:-0 from NE Nursery. FinCEN. CIA Lease clause. Home Depot sign-up

1. (Usually accurate warning, from our friends at NE Nursery):

“Northeast Nursery will open early tomorrow morning, Saturday 12/28, at 4AM, due to winter weather 🌨??? 🧊”

2. Nick Norman just sent this FinCEN update:

 "Howdee Everyone,

This is a short legislative update so we can get something out to you right away on the new federal business entity registration.

If you haven’t heard, the federal government now requires all business, like LLCs and corporations, to file a Beneficial Ownership Information registration.

There was a court case challenging the requirement and delaying registration. Just recently, 12/23/24, there was yet another legal decision reversing that delay.

The fines for not filing are very steep. Just get it done (3) .
Read more on the Corporate Transparency Act, FinCEN registration here (4) .

Regarding legislation.
We had wins across the board last legislative season. Good job everyone!
The Anti-Squatter amendment did pass.
We are monitoring the new LSR titles every week. The bill text is slower than normal to be released. It is looking like some very big bills again this year.

We will be providing more updates on the following soon:
the final outcome of the remaining 2024 bills
analysis of the new Anti-Squatter law
a short analysis of the change in NH legislature from the last election
a sneek peek at upcoming bill titles
various media articles
stats and resources regarding homelessness
in depth look at the potential restrictions involved with participation in federal programs
an opportunity to make a significant move to end homelessness for veterans in Manchester, NH
info on the new lowered lead action levels from the EPA
clarification on RSA 130-A newly constructed residential rental lead safe certificate requirement
& of course the legislative season will begin in a furious roar very quickly.

Stay tuned.

Are you an experienced housing provider?
We could use your expertise on our core team. Contact us. Let’s talk about you having a large opportunity to shape the law.

Are you less experienced but want to support the many hands do light work?
Let’s talk about you assisting in smaller, low time commitment ways.

Big thank you to those that have donated. We operate on a shoe string budget and have office staff and expenses. Please consider donating. It really makes a positive difference in keeping this Legislative Initiative going. Donations have ranged from $15 to $500.
Paypal and credit card system is available."

3. Good friend Jane Garvey at CIA (Chicago Investors Association) sent this great tip:

"Many housing providers do not raise rent to market on residents who are renewing. If you are one of the people who do this, you may want to price your renewal agreement at market rent and then offer the resident the discount you are giving them. If you do this, there will not be an assumption that you do not know what the rent should be, but instead, your concession will be known. This simple change may make your longer term residents realize that they have saved significantly by staying put. make sure that you also continue to make any repairs and improvements  that are needed so that the condition of the property does not deteriorate."

4. Tuesday 8am, I'm meeting with Home Depot in Nashua. Seems some folks have not renewed or have joined another Association that hasn't been able to follow through with their Discounts and Benefits. If your Membership in MassRealEstate.net / NewHampshireREIA.org (both are US) is current don't worry otherwise you may want to renew or Join otherwise See you later, NOT!

I look forward to see you soon - 1/8 & 1/28/25 Mike Hurney PO Box 307, Marblehead, MA 01945 Mike@MassRealEstate.net