10% Property Tax Credit GONE for rental property.    

 


It was AMAZING!  

Were you there?  Did you make a great connection?  Learn an amazing new strategy?  Find a new vendor partner? Make sure you sign up for next year.  LOWEST PRICE OF THE YEAR! 

 YOU did it!


Your stories about helping sellers made a difference!  Thank you for your support on this bill.  See our full write up below.  

10% Property Tax credit eliminated by misguided legislature.  

November 20, 2025-  Thank you for your swift response to this week’s Call to Action. More than 750 of you sent over 2,000 messages to legislators opposing the last-minute amendment to HB186 that would phase out the 10 percent non-business tax credit housing providers depend on to keep rents stable.

How this unfolded

On Tuesday afternoon, OREIA received word from a trusted legislator that several new amendments were being discussed behind closed doors and were likely to be added to HB186. Our legislative team, Governmental Policy Group, and executive board immediately mobilized—working into the night to prepare language and launch the MUSTER alert.

You responded, and it made a difference in the conversations that followed. But by Wednesday morning, it was clear the Senate committee intended to adopt the amendment. Committee members voted it out at 9 a.m., and our team spent the rest of the day meeting with Senators who, we learned, had been told this change affected only large corporate owners. That argument was incorrect and convenient for their efforts.

Several legislators expressed concern once the real impact on independent housing providers became clear, but the full Senate advanced the bill, and the House voted to concur later that evening.

What happens now

The amendment phases out the rollback over four years beginning in 2027. Taxes will not rise immediately, but they will rise—and planning ahead is essential.

What OREIA is doing

OREIA's President, Scott Ellsworth, has given several interviews and reached out to a number of media outlets to express our displeasure. And our press release has been sent to dozens of news stations and reporters across the state. See it HERE.

We are asking the Governor to veto this provision and are continuing direct discussions with his office. We are also redoubling efforts to educate legislators about who actually owns and operates Ohio’s rental housing and how policy aimed at “corporate landlords” routinely harms small, local housing providers and the residents who rely on them.

What you can do

Your quick action mattered, and legislators have already approached us asking how they can help mitigate the impact going forward. Right now, the most effective step is to respond—politely and factually—to legislators’ public posts celebrating HB186.

Examples you can use:

“Corporate owners hold less than 3 percent of single-family rentals in Ohio. Eliminating the rollback hurts small, independent housing providers and will reduce affordability for residents.”

 “Raising taxes on my rental properties means rents will have to increase. I work hard to keep them reasonable, but HB186 imposes a cost I cannot absorb.”

 


OREIA Secures Balanced Outcome in Ohio Wholesaling Legislation

Nov 6, 2026

 The Ohio Real Estate Investors Association (OREIA) is proud to announce its instrumental role in shaping Senate Bill 155, a measure that protects both property owners and legitimate wholesalers while preserving a vital option for homeowners facing financial hardship.

Two years ago, the Ohio REALTORS® introduced legislation aimed at curbing fraudulent practices among so-called “wholesalers” who had misled homeowners with deceptive or unethical conduct. Unfortunately, the original version of SB 155 would have required all wholesalers to obtain a state real-estate license—an unnecessary burden that would have eliminated many ethical, small-scale operators and reduced options for homeowners in distress.

OREIA’s Leadership in the Legislative Process

OREIA’s legislative team engaged in months of detailed discussions with bill sponsors, Senators Andy Brenner (R-Delaware) and Catherine Ingram (D-Cincinnati), legislative leaders, companion bill sponsors, and committee members to clarify the real nature of the problem and the unintended consequences of over-regulation. By bringing forward real stories from  responsible wholesalers who helped sellers, OREIA was able to demonstrate the value of legitimate wholesale transactions as a flexible, consumer-friendly solution.

As a result of OREIA’s advocacy, the licensing requirement was removed from the final bill. Instead, wholesalers will now be required to present a standardized disclosure form to property owners before entering into any contract. OREIA worked closely with lawmakers to shape the language of this disclosure to ensure fairness, transparency, and consumer protection.

What the Disclosure Requires

The new disclosure form will:

  • Clearly identify the individual as a wholesaler, not a real-estate agent or representative of the seller.

  • Advise the homeowner to seek professional counsel from outside professionals including lawyers, accountants,  or other real estate professionals before signing.

  • Explain that the wholesaler may assign the contract to a third party for a profit and that the seller may receive less than market value for the property.

  • Allow a property owner who has not signed the disclosure to cancel the contract at any time before closing.

Failure to comply could result in enforcement action by the Ohio Attorney General under the state’s Consumer Sales Practices Act.

Testimony and Collaboration

Several OREIA members provided formal testimony before both House and Senate committees, offering real-world examples of how ethical wholesalers have helped residents resolve difficult housing challenges—such as avoiding foreclosure, selling inherited properties, or liquidating distressed assets quickly.
In addition to the bill sponsors, Representatives Marilyn John (R-Mansfield) and Josh Williams (R-Toledo) played key roles in ensuring passage of this balanced legislation, which will take effect 90 days after Governor DeWine’s signature.

OREIA will publish the official disclosure form and compliance guidance for members as soon as it becomes available.

Commitment to Ethical, Principled Investing

OREIA remains committed to promoting ethical and principled real-estate investing, emphasizing transparency, fairness, and solutions that benefit both housing providers and residents. While some groups continue to push for additional restrictions—such as licensing requirements or limits on advertising and title services—OREIA believes responsible self-governance and high professional standards are the best path forward.

“Our members prove every day that ethical investing strengthens communities,” said Scott Ellsworth, OREIA President . “By working collaboratively with policymakers, we’ve ensured that this law targets bad actors without punishing the legitimate professionals who provide real help to Ohio homeowners.”

Pro Tip for Members

To help demonstrate the value of ethical wholesaling, OREIA encourages members to collect short written or video testimonials from sellers after each successful closing. Real stories of how members solve problems and help families can be powerful evidence in future legislative and public-relations efforts.


 


OREIA's primary mission is to advocate for legislative change and to provide educational support and opportunities to our chapters and members.   

Every day, our team is actively involved in state government monitoring, supporting and opposing a variety of legislation that affects the real estate industry. 

 

 

Your organization of real estate investors could join OREIA in promoting these values and take advantage of the educational opportunities offered year round by becoming a chapter association member.

Call (513) 655-3999 for more information on becoming an OREIA chapter.

 

 


Do you have a Compelling Story?

OREIA is looking for real estate investors willing to share their stories with legislators.  Our professional lobbyists do a great job, but we've found that personal narratives are much more impactful.  You can be an expert in the field, or simply have a compelling story about the topic; be that a positive or negative experience, a reason for entering or leaving an investing strategy, or a barrier you've experienced. It's the personal stories that best sway legislators.  

A few of the areas we are looking for:

  • Wholesaling
  • Rehab/Retailing
  • Code Enforcement Issues
  • Housing Provider- tenant screening, security deposits, evictions, etc
  • Rental registrations and inspections
  • Short Term Rentals
  • Lead issues
  • Lending
  • Zoning
  • Housing Supply 

 If you have had experience in these areas, we'd love to help craft the story into pertinent testimony.  Please call or email Deborah at admin@oreia.com

 



 

 

Thank you to our 2025 PAC Prize Sponsors

 

Jim Shapiro

Scott Ellsworth

 

Jon Hayes

Deb McMillan

 

Damon Remy

 

Ben Bauer

David Caldwell


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1563 Genoa Pl, Columbus, OH

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Absolute Auction - Saturday December 20 at 10:30am - Quality Ranch Home in Jackson Twp.


www.OREIA.com  (Ohio Real Estate Investors Association) does not give legal, tax, economic, or investment advice. OREIA disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   

Your email will never be shared or sold to other members, vendors or any other third party without your consent.


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3707 Warsaw Ave.
Cincinnati, OH 45205
(513) 655-3999

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