An owner of one or multiple rental units must start tracking all vendors doing at least $600 worth of work for the owner. If you are such an owner, federal law now mandates you to send all the providers of services an IRS 1099 form for the year. The Small Business Jobs Act of 2010 … Read more
Keep Track of what you pay: Rental Property and 1099 IRS Forms
Posted on March 27, 2012 byTags: Florida Real Estate
Florida ranked first in 2011 home sales to Canada
Posted on March 22, 2012 byAccording to the National Association of Realtors 2011 Profile of International Buying Activity, Florida is one of the top choices because of their favorable winter climate. “In fact, 58 percent of all international sales in 2011 came from just four states: Florida at 31 percent, followed by California at a distant 12 percent, Texas accounted … Read more
Tags: Florida Real Estate
Are Short Sales Making a Comeback?
Posted on March 19, 2012 by“Short sales occur when banks allow the owner to sell for less than the amount owed on the mortgage.” One type of short sale is a pre-foreclosure sale, which increased by 15% in the fourth quarter of 2011 over the same period the previous year. One reason for the growth in short sales was the … Read more
Tags: Florida Real Estate
America’s Economic Recovery Depends Largely on the Willingness of Consumers to Spend
Posted on March 14, 2012 byEconomic reports from January show slight increases in salaries and wages, as well as increases in personal income. Experts said that these slight increases reflect a “pickup in employment.” Does this mean that consumers will use this extra money for spending? Some reports have shown that many American’s have been using this newfound cash to … Read more
Tags: Business Law in Florida | International Law
Housing, Economy Trending up in 2012, spending to remain the same
Posted on March 12, 2012 byEconomists have put out a report recently stating that they expect to see improvements in certain areas of the country’s economy in 2012. Just a few months ago, they predicted that new housing construction would “break ground” on 660,000 new homes, but they now report they expect at least 700,000 new homes, an increase of … Read more
Tags: Florida Real Estate
Clients and Lawyers Seek French Boutique Firms
Posted on March 7, 2012 byThe French legal market is global in nature. As such, French firms, both large and small, service international clients on a routine basis, but many attorneys and clients are looking to smaller, more specialized boutique firms. There are a number of reasons both client and attorney are seeking out the smaller firms. Whether it is … Read more
Tags: Boyer Law Firm -- a Florida firm
Rural Florida Homeowners can refinance at Lower Interest Rates
Posted on March 5, 2012 byThe USDA is heading a pilot program similar to the one the President recently announced, but there are differences in favor of rural homeowners needing to refinance. Two reasons are that the money has already been set aside for this program and the USDA will not need to jump through any hoops at the Congressional … Read more
Tags: Business Law in Florida | Florida Real Estate
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