Lotzar Law Firm, P.C. - Scottsdale, Arizona 85251

 Lotzar Law Firm, P.C. Contact Details »

7150 E. Camelback Road, Suite 455 , Scottsdale , Arizona 85251

(480) 905-0300







(480) 905-0321

Transport Links:
(train, bus, motorway & major roads)

 Information About Lotzar Law Firm, P.C. »

Charles W. Lotzar founded Lotzar Law Firm, P.C., in 2005, serving clients throughout the U.S. with sound ideas and advice to enhance their businesses. Among our greatest attributes is the ability to approach projects from a business perspective. Rather than focusing on obstacles, we seek innovative alternatives that transcend challenges and create a better path for clients.

We bring our national level expertise to the table in the following areas:

Various forms of Tax-Exempt and Taxable Bond Financings
Low Income Housing Tax Credits
New Market Tax Credits

Lotzar Law Firm, P.C. is located in the Scottsdale area of Arizona. There are at least 20 other listings in the 85251 postcode area.

Lawyers in Arizona 85251

Number of Employees: 4

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Property Tax Abatement vs. Property Tax Exemptions – GPLET- https://t.co/ZptqkCit7S
Thu Nov 12 14:34:12 +0000 2015
How Often Do I Have to Re-Certify a Tax Credi https://t.co/BAKM8huVVc
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Can You Restructure Your Business Unde https://t.co/SFds8flDzI
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Free Report: What Is the Low-Income Housing Tax Credit in Arizon https://t.co/NviQjLWgIr
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Mechanic’s Liens in Arizona-Property owners in Arizona need to understand what a mechanic https://t.co/z7HdhEqwSF
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Materialmen’s Liens in Arizona: What Property Owner https://t.co/0zxzmOPua9
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Free Report: Process of Issuing Private Activity Bonds https://t.co/O4d0CXKyU0
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What is the General Process for Obtaining a Low Income http://t.co/cT81Qq16Eg
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Benefits of Financing an Apartment Complex with L http://t.co/gKngd7A0Jx
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Free Report: General Process for Obtaining Low-I http://t.co/HxBrneHY3V
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All business organizations, developers, and investors within Arizona must take proactive steps to reduce tax liability in order to maximize their return on investment (ROI), reduce operating costs, and enhance profitability of commercial real estate. Minimizing tax liabilities can make a big difference in costs. Property taxes are one of the most costly taxes for commercial real estate owners, investors, and organizations with their base of operations in Arizona. Lotzar Law Firm, P.C. has extensive experience representing commercial property owners throughout Arizona who wish to reduce property tax liabilities. Our Scottsdale, AZ real estate lawyers can provide a comprehensive evaluation of your current tax liabilities and can identify any potential for reductions in property taxes. We can also help with developing a deeper understanding of the important differences between property tax abatement vs. property tax exemptions. We will work hard to ensure your tax liability is kept
11/12/2015 2:34:19 PM

Developers, builders, and investors who use the low-income housing tax credit (LIHTC) program to build affordable housing must meet certain compliance requirements. Each year, the project owner must submit an Annual Owners Certificate of Continuing Compliance Report to the Arizona Department of Housing (ADOH). The annual report is due to ADOH by March 15 each year. LIHTC buildings must have the number of units occupied by low-income residents that the owner elected to serve (either the 20/50 or the 40/60 tests) when the buildings were placed in service. The purpose of submitting the annual continuing compliance report is to confirm that each building continues to have enough units occupied by low-income individuals and families. It is important to ensure you remain in compliance with LIHTC requirements to avoid the recapture of LIHTCs. This means you need to re-certify a tax credit tenant s household income annually. An Arizona lawyer with experience in LIHTCs can provide you with
11/10/2015 7:33:37 PM

The Arizona Entity Restructuring Act has streamlined the process of restructuring a business entity. You can take advantage of the new business-friendly process under five different circumstances. Lotzar Law Firm, PC can provide you with assistance if you wish to restructure your business under the Arizona Entity Restructuring Act. Our Scottsdale, AZ attorneys can provide guidance on whether restructuring makes sense for your organization and can assist you throughout the new streamlined and cost-effective process of entity restructuring that became effective on January 1, 2015. How to Restructure Your Business under the Arizona Entity Restructuring Act You are eligible to restructure your business under the Arizona Entity Restructuring Act if: A merger is occurring. Your organization is combining with one or more additional organizations to form one business. An interest exchange is occurring: Your organization is acquiring a 100 percent ownership interest in another company or
11/5/2015 7:35:37 PM

The Low-Income Housing Tax credit program is a federal tax credit program that was created by the Tax Reform Act of 1986. Details about the Low-Income Housing Tax Credit Program (LIHTC) can be found in the Internal Revenue Code (IRC), Section 42. Although the program exists on the federal level, the individual states have authority to make determinations about which developers will become eligible to receive these important tax incentives. Pursuant to the IRC, a qualified allocation plan is prepared annually. In the state of Arizona, the Arizona Department of Housing prepares this plan, which is approved by the governor. Developers who qualify for the LIHTC can receive significant tax benefits when developing qualified housing projects. Developers need to understand the requirements and complete a comprehensive application demonstrating that they should qualify for the federal tax incentives. Click here to read the whole report or download the PDF. The post Free Report: What Is the Lo
11/5/2015 2:34:49 PM

Property owners in Arizona need to understand what a mechanic s lien (alternately referred to as a construction lien) is and how it works. A mechanic s lien filed against your property can be a serious problem if not addressed quickly. The basics of a mechanic s lien are simple and straightforward. To explain by way of example, let s say that you own a commercial building outright, and you decide to hire a contractor to make improvements. You enter into a contract with this one entity, and you agree to pay a certain amount for the work. Behind the scenes, the contractor will work with subcontractors, suppliers, and consultants. The contractor has an obligation to pay its subcontractors and suppliers, just as the owner is obligated to pay the contractor. Sometimes, however, the contractor fails to do so. The owner s payment to the contractor for the work commissioned satisfies the owner s legal responsibilities to the contractor, but a mechanic s lien can muddy the waters.
11/3/2015 7:32:20 PM

In Arizona, contractors or suppliers involved in construction projects may place liens on the work property or on the supplied materials. These materialmen’s liens were designed to promote the development of property and they exist to protect contractors from nonpayment. Property owners who fail to take appropriate steps to protect their interests over the course of construction run the risk of being responsible for double payment for a subcontractor’s materials and labor. While court decisions and other documents often refer to lien “rights,” Arizona does not have a common law right to materialmen’s liens for construction projects; rather, a lien in these cases is a remedy created by statute that gives contractors or suppliers an interest in the owner’s property and the right to sell that interest to satisfy unpaid labor and material costs. Which contractors or suppliers are eligible for a materialmen’s lien? In Arizona, a materialmen’s lien may be claimed by any co
10/29/2015 6:31:52 PM

Private activity bonds are municipal securities. Proceeds from private activity bonds are used to cover construction costs for qualifying products, including utility facilities, docks and airports, and low-income rental properties. Developers, nonprofits, manufacturers and other business owners benefit from private activity bonds (PABs). An experienced attorney can assist in understanding minimum qualifications requirements and in following the process for obtaining private activity bonds. Attorneys can serve as counsel for borrowers and issuers, or may serve as bond counsel. Attorneys can also help structure transactions so bond proceeds can be put towards the cost of issuance. Click here to read the whole report or download the PDF. The post Free Report: Process of Issuing Private Activity Bonds in Arizona appeared first on Lotzar Law Firm, P.C..
10/24/2015 1:34:26 PM

Low income housing tax credits can reduce the cost of development for properties that allocate a certain amount of funds to residents with incomes below area medians. To be eligible for LIHTCs, 20 percent of units must be occupied by households with incomes at or below 50 percent of area median income or 40 percent of units must be occupied by households with income at or below 60 percent of median income. The Department of Housing and Urban Development determines median income based on household size. Units must be rent restricted. LIHTCs can reduce tax liability dollar-for-dollar. Lotzar Law Firm, P.C. can help you to apply for tax credits. Call today to schedule a consultation and learn more about how we can represent you throughout the process for obtaining a low income housing tax credit award. What is the Process for Obtaining a Low Income Housing Tax Credit Award Arizona established the process for obtaining a low income housing tax credit award within the state. The Arizon
9/22/2015 9:33:44 AM

Low-income housing tax credits (LIHTC) encourage the investment of private equity in the development of low income housing. All stakeholders involved in the development of low-income housing benefit from obtaining credits. Lotzar Law Firm, P.C. helps developers qualify their project for low-income housing tax credits. Those interested in financing an apartment complex with Low Income Housing Tax Credits should contact our experienced Scottsdale, AZ real estate development lawyers as soon as possible. Our attorneys have in-depth knowledge of federal guidelines and Arizona qualifying criteria and will work hard to help you get tax credits. Benefits of Financing An Apartment Complex with Low Incoming Housing Tax Credits Developers benefit from cost-savings when financing an apartment complex with low incoming housing tax credits. Developers can sell tax credits to investors to raise equity, reducing debts. Affiliated parties can serve as owner’s representatives; general contractors
9/15/2015 9:34:35 AM

Low income housing tax credits provide a dollar-for-dollar federal tax credit to reduce tax liability for developers and investors. LIHTCs are available to encourage investment in the development of low income housing developments. Credits are available for new construction and substantial rehabilitation/remodeling. There are strict requirements for obtaining LIHTCs. An experienced attorney can represent nonprofit and for-profit developers, as well as housing bond issuers. Attorneys will assist in negotiating financing; structuring transactions; managing LIHTC portfolios and complying with requirements to maximize LIHTC investor equity. Involve an attorney early in the process of obtaining low-income housing tax credits. Click here to read the whole report or download the PDF. The post Free Report: General Process for Obtaining Low-Income House Tax Credit in Arizona appeared first on Lotzar Law Firm, P.C..
9/10/2015 1:33:41 PM

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