Developers

On Hurricane Harvey Relief

How will Texas help Harvey-ravaged communities? By Kiah Collier February 13, 2019   In September 2017, weeks after the remnants of Hurricane Harvey ravaged his city, Houston Mayor Sylvester Turner sparked what became a high-profile spat with Republican Gov. Greg Abbott. Facing mounting clean-up costs, Turner — a Democrat and former longtime state lawmaker — …

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Member News: New subdivision could multiply Elmendorf’s population

From KSAT By Garrett Brnger – Reporter City of ‘pretty close to about 2,000’ prepares for 3,500-home subdivision   ELMENDORF, Texas – Elmendorf is a small, sleepy city on the verge of possibly multiplying its population with an enormous new subdivision. “There’s been some growth over these years, but nothing quite as dramatic as what …

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Treasury, IRS issue final regulations, other guidance on new qualified business income deduction; Safe harbor enables many rental real estate owners to claim deduction

WASHINGTON — Today the Treasury Department and the Internal Revenue Service issued final regulations and three related pieces of guidance, implementing the new qualified business income (QBI) deduction (section 199A deduction). The new QBI deduction, created by the 2017 Tax Cuts and Jobs Act (TCJA) allows many owners of sole proprietorships, partnerships, S corporations, trusts, …

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Analysis: Property taxes in Texas are high. Don’t expect the Legislature to change that

Texas leaders are promising property tax relief during this year’s legislative session. It’s unlikely that will lower your taxes, but it might slow future increases.  The Texas Tribune’s Ross Ramsey’s column looks at the ongoing battle over property taxes in Texas.   Restrain, reform, rein in, restrict and limit are not synonyms for the word …

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