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August News Brief
Residential
Can Robots Solve the Affordable Housing Crisis?
3D-printing…
9 Steps to a 1031 Exchange
A 1031 Exchange does not avoid tax, it merely defers tax payments to later dates, while allowing you to exchange multiple properties.
Homestead exemption and portability: Ways to save on your property taxes
The Florida Homestead Exemption is intended to give homeowners in the Sunshine State a significant reduction on the real estate taxes on their primary domicile. Here is a quick rundown on what you need to know.
Beware of these top real estate scams
In 2017 over 9,500 individuals became victims of real estate fraud, amounting to over $56 million in losses, according to the FBI. Real estate scams still exist, so watch out for the following types of deception.
What are the tax benefits of 1031 Exchange?
Named for a specific section of the tax code,1031 exchanges are a valuable tool for real estate investors. Though the IRS does require that the exchanging investor meet some very specific requirements, 1031 exchanges provide some very important tax benefits. Here are the most notable.
First Time Home Buyer Real Estate Tips
When it comes to buying real estate, first-time home buyers may think they are at a disadvantage. If you have not bought your first home, your lack of experience could end up costing you thousands or even tens of thousands of dollars. Here is a look at some of the common real estate mistakes first-time home buyers must avoid.
When good closings go bad: What you should know about wire fraud and other scams
Florida has plenty of white collar real estate criminals who attempt to make big money through scams.
Florida's commercial real estate will see a reduction of sales tax
Florida applies a six percent sales tax on rent paid for commercial real estate property. This includes everything from stores to warehouses and even offices. Things will be changing once the new year rolls around.
The South Florida Housing Market Continues To Sizzle
The weather is getting hotter and so is the South Florida real estate market. As we approach the summer buying season all indications are that south Florida’s real estate market will continue to sizzle.
Are the new TRID regulations causing a delay in closings?
When it comes to closing your residential home loan be prepared to wait, sometime as much as two months before the transactions closes.