Serving South Florida’s Legal Needs Since 1979
When purchasing a multi-family dwelling such as an apartment building or duplex, your purchase contract should contain clauses to protect your interests as the buyer. Unfortunately, many buyers are unfamiliar with the most important elements that they should include....
If you are ready to make your first real estate investment, you want to be sure you have all the information you need to make an informed decision. Here are four mistakes to avoid on the path to success in real estate investing. 1. Failing to develop a plan Making a...
Having good credit is essential if you want to secure a loan to buy residential or commercial real estate. Before you approach a lender, consider acquiring a copy of your credit report. Some people have found unwelcome surprises on their reports that have impeded...
Real estate is a great way for anyone to invest their assets. If you have a good knowledge of the area you are investing in or you have a good relationship with contractors who you believe could renovate a property and increase its value, you'll likely be successful...
If you're a real estate investor, then you've probably heard of a 1031 exchange. Its name comes from Section 1031 of the Internal Revenue Service's (IRS) tax code. It describes how investors can delay having to pay capital gains taxes when they sell an investment...
When buying or selling a home, you have to make an accurate assessment of the home's value and the demand in the current market. Unfortunately, this is not always as static as it appears. The value may be different to different buyers.For instance, imagine that...
Limited liability companies (LLCs) are business entities that can be advantageous for entrepreneurs for a number of reasons. Otherwise known as holding companies, they are a top pick for many who want to create a company, because they protect the founder from personal...
If you're planning on selling an investment property any time soon, it's likely that you'll gain a significant amount of profit when you do. If you allow this profit to become a source of income for you, it will mean that you'll be subject to capital gains tax.Many...
Commercial property is expensive to rent. It's also quite difficult, at times, to find a space where you need it. If an opportunity to sublease someone else's commercial property becomes available, should you take it?Maybe. Subleases become available all the time in...
Whether you own only a family home or you have several properties that serve commercial purposes, you likely have one or several mortgages. Mortgages are a great way to finance the purchase of a home because they tend to be flexible and offer reasonable interest...