Articles
New Law Protecting Multifamily Owners From Liability Due to Crime
The state of Florida recently passed legislation outlining certain security measures that the owner or principal operator of a multifamily residential property can implement to have a presumption against liability for criminal acts committed on the premises by third parties.
read moreNew Tools To Protect Your Florida Property From Title Fraud
Florida is at the forefront of a new pilot program aimed at protecting residents from property fraud. The new program went into effect on July 1, 2023 after unanimously passing both Florida legislative chambers and Governor Ron DeSantis signing into law, HB 1419.
read moreLandlord’s Liability for Self-Help
Self-help eviction is the act of a landlord taking back possession of a rental property without going through the legal process of eviction.
read moreTransferring a Property into An LLC or Corp May Cause Your Property Taxes to Skyrocket
A very recent Florida 3rd DCA court opinion (“S and A Property Investment Services, LLC v Pedro Garcia et al”) highlights a new risk associated with transferring clients’ Florida non-homestead properties to LLCs.
read moreFlorida Passes Landlord Tenant Law That Nullifies Local Ordinances
New Florida Law Allows Landlords to Charge Fee in Lieu of Security Deposit
New Florida Law Prohibits Certain Foreign Persons From Buying/Owning Land in Florida
Governor DeSantis signed SB 264 into law on May 8, 2023, which creates part III of Chapter 692, F.S. to been titled “Conveyances to Foreign Entities”
read moreHow Investors Save on Taxes With 1031 Exchanges
In general, a “1031 Exchange” refers to the Internal Revenue code section 1031 that offers a real estate investor or trade or business owner the opportunity to defer ALL their capital gains tax owed from the sale of an investment or trade or business property.
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