Recent Blog Posts

Cook County Revises And Expands Affidavit Needed For Vacancy Relief

Posted on: February 22nd, 2018 by The L&T Blog Team
The Cook County Assessor’s Office has recently updated the Vacancy/Occupancy Affidavit required in order to secure reduced taxes on vacant buildings. The Assessor has expanded the format to two pages, with the first page continuing to request a mon ... Read Full Article

Cook County New Affidavits Requirements For Class 6b And Class 8 Incentives Suspended

Posted on: January 18th, 2018 by The L&T Blog Team
On Wednesday, January 17, 2018, I testified in front of the Cook County Business and Economic Development Committee, along with 24 Mayors throughout Cook County, to repeal the new Cook County Incentives Ordinance 74-71(b)(2), which implemented new La ... Read Full Article

2017 Tax Planning – Pre-Pay Real Estate And State Income Taxes

Posted on: December 26th, 2017 by The L&T Blog Team
The overhauled income tax laws coming into effect in 2018 have resulted in varying ramifications for owners of real estate. The new limit on state income and local property taxes has in most cases made it beneficial to prepay personal real estate ... Read Full Article

Liston & Tsantilis Secures First Class 7b Incentive For Spectrum’s $70 Million Assisted Living Center

Posted on: November 16th, 2017 by The L&T Blog Team
Spectrum Assisted Living Center with 9 locations in Illinois had their groundbreaking at their newest $70 million dollar facility in Palos Heights where Liston and Tsantilis received the first Cook County 7b Incentive for Assisted Living Centers. ... Read Full Article

Amended Cook County Property Tax Incentives Ordinance

Posted on: October 10th, 2017 by The L&T Blog Team
The Cook County Board of Commissioners recently issued an amendment to the Cook County Property Tax Ordinance that modified the requirements for incentives (including Class 6b, 7A, 7B, 7C, 8 and 9). Taxpayers, both those interested in applying for a ... Read Full Article