Reduced Sales Tax on Commercial Leases

Effective January 1, 2020, the general Florida sales tax due on commercial leases will be reduced from the current 5.7% rate to 5.5%. This reduction in sales tax is applicable only to rental payments that are for a lease period that is on or after January 1, 2020....

Florida Legislature Repairs Building Permit Defects

Florida property owners, especially along the coast, are commonly a bit nervous as the height of hurricane season hits in late summer but then breathe a sigh of relief if unscathed as the season draws to a close in November. Longtime Floridians can recall more than...

Tax Certificates and Tax Deeds: Real Estate Roulette

Floridian property owners can count on a real estate tax bill, every year in November, and most dutifully pay those bills.  Even more responsible property owners may pay before December 1, to take advantage of a four percent discount afforded to those who pay far in...

What is Due Diligence in Commercial Real Estate?

  WHAT IS “DUE DILIGENCE”? The purpose of a due diligence investigation is to enable the buyer to discover as much as possible about the property before he or she is obligated to buy it.  This includes discovering information that the seller may not want the...