Chapter 257

Effective December 31, 2020, Governor Charlie Baker signed into law Chapter 257 of the Acts of 2020 which provides two new requirements for Landlords when serving Notices to Quit for residential non-payment of rent

Boston Limits Short Term Residential Rentals

Effective January 1, 2019, the City of Boston will only allow short term residential rentals under specific circumstances. On June 13, 2018, the Boston City Council approved an ordinance that will prohibit owner investors from putting unoccupied residential units on Airbnb and other short-term rental websites.

News: Why Is The IRS Punishing Triple Net Landlords?

While the IRS as a whole is by no means “horrible,” the new Final Regulations regarding Section 199A of the Internal Revenue Code must seem that way to landlords who lease property under triple net leases. The vast majority of these will not be considered to be “active trades or businesses” for purposes of qualifying for the 20% deduction that will be available to most active landlords.

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