by Steven R. Bovan | Jul 28, 2022 | Articles
Steven R. Bovan, sbovan@tuckerlaw.com, (412) 594-5607 Many real estate investors in Pennsylvania have had an unpleasant surprise when they learn that the Commonwealth has never recognized the 1031 Tax deferred exchanges for Pennsylvania income tax purposes. After...
by Steven R. Bovan | Feb 9, 2022 | Articles
Steven R. Bovan, sbovan@tuckerlaw.com, (412) 594-5607 Commercial real estate professionals and investors spent much of 2021 worrying about the continued availability of 1031 tax deferred exchanges for investment real estate. There were a number of proposals floating...
by Steven R. Bovan | Jan 10, 2022 | Articles
On December 22, 2021, Governor Wolf signed into law Act 97 of 2021, which amended Section 509 of the Pennsylvania Municipalities Planning Code (MPC). The amendment will take effect in February 2022. By making just a few tweaks to the language of Section 509, the...
by Steven R. Bovan | Apr 17, 2020 | Articles
It has been well reported that earlier this week the initial $349 billion dollars dedicated for the Payroll Protection Program created by the CARES Act, had been fully allocated on a first come, first serve basis. We are aware that several of our of clients, who were...
by Steven R. Bovan | Mar 25, 2020 | Articles
The Small Business Administration (SBA) has implemented an Economic Injury Disaster Loan program. The program provides low or no interest loans up to $2MM for working capital needs or normal business operating expenses through the recovery period. The business needs...