Change is in the Wind: A new Year. New administrations at the state and federal level. New politicos in charge. Which is a different way of saying, mistakes WILL be made! Having said that, there will be all kinds of chatter about legislation and regulations, both new and those to be rolled back. Take a look at this consolidated list of issues that could confront HUD with a new administration. Click here to read them. Click here to read them.     The Depth of Winter: While entrepreneurs are busy with the holidays, they need to stay on top of tax preparation and filings. Certificates and licenses often need to be updated and the depth of winter can be a good time for online continuing education. Preparing your workspace is also a great opportunity when so many others are on vacation and it makes it difficult to get work done…prepare for more efficient work – including computer backups and updating virus protections!     At the Margins: While the Trump/Vance won the 2024 Presidential election 312 electoral votes to Harris/Walz’s 226, the final tallies are wrapping up for the House and Senate as well. The U.S. House will be led by Republicans with a 5 vote margin of error at 220 – 215. In the U.S. Senate, Republicans will have a majority but not a cloture-proof majority at 53-47. Presidential appointments are impacting the number of seated members with district appointments or special elections unlikely to change party control, however, a lack of members in attendance can have the same result - slow initial legislative progress. Then again, the words “congress” and “progress” are usually considered opposites for a reason!   The DoGE effect: Much has been made of the high-profiles of co-leaders Vivek Ramaswamy and Elon Musk. The organization will have a tall-order in that unlike business, the rules of government are designed to slow, stall and halt change. The President is head of the Executive Branch and is in charge. However, much of what occurs is administrative and deeply saturated in rules and regulations.     It’s all about Bill:Now is the time to update BillTrack50 for specific bills moving forward in your state. With over 5,900 bills tracked in the last legislative session, there is a lot at stake for the industry. The Biden Administration’s White House Bill of Renters Rights was pushed out to local and state elected officials as very little of it could be addressed at the federal level. Click here to take action!     Ooh Ooh that Smell: Are you smelling what the Rock is cooking? Because you may not want to… So far, the Corporate Transparency Act CTA was struck down…then stayed a couple weeks later, and now we don’t know what happen next. Click here for the latest update and talk to your attorney if you have any questions.   A lot of people like sausage, the aromatic smell as it cooks – but watching it get made is a messy affair, and there is no messier of an affair than that of the federal budget. With massive debt, excessive deficits, and new members coming to Congress starting January 3rd 2025 (The President isn’t sworn in until the 20th) the outgoing congress is handing off a mess that needs to be addressed immediately.   Congress passed a CR that will last until March 14. Bluntly put, it is a crap sandwich being handed to the new Congress and administration. It’s time to return to “regular order” - especially when it comes to the budgetary process.     Solid Dealing: There are lies, campaign promises and statistics – the last one is about to break on a national level, be sure your deals are solid!       Stay up to date: Stay up to date with current industry news and updates by visiting RealEstateInvestingToday.com. Likewise, visit NationalREIA.org/advocacy to stay up today with current legislation and governmental actions. N https://bostonrealestateinvestorsassociation.com/reia-sense-change-is-in-the-wind-a-new-year/