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Airbnb now adds 7% tax and gives money to cities

According to a recent article, the Virginia town of Blacksburg received $27,000 in taxes for four months of Airbnb rentals after it signed an agreement with the vacation rental company. Sounds like a win for localities, right? VF&N’s municipal attorney Martin Crim says differently. “Blacksburg is getting $6750 per month in transient occupancy taxes from

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FINDING COMMON GROUND ON PROFFER REFORM IN VIRGINIA

Since its controversial passage in 2016, Virginia’s Proffer Reform Law has continued to stir debate. Despite the rift between homebuilders and local governments over the law, efforts are underway to find common ground. Initially, opponents of the law sought either outright repeal or additional exemptions to make the law inapplicable to certain parts of the

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General Contractors Beware of New Maryland Law

by Guy R. Jeffress, Esq. The Maryland General Assembly passed Senate Bill 853, which took effect on October 1, 2018, that added the following text to Section 3-507.2 of the Maryland Code, Labor & Employment: In an action brought under subsection (a) of this section, a general contractor on a project for construction services is

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7 VF&N ATTORNEYS RECOGNIZED AS LEGAL ELITE

Vanderpool, Frostick and Nishanian, P.C. congratulates our lawyers recognized as 2018 Virginia Business Magazine Legal Elite in the following practice areas: Business Law– V. Rick Nishanian Litigation– Randolph Frostick Commercial Real Estate– Karen Cohen Intellectual Property– Christopher Collins Labor and Employment– Kristina Spitler Estate and Trust– David Wilks Young Lawyer (under 40) – Brett Callahan