Florida is a wonderful state in which to incorporate and run a business. All businesses can benefit from incorporating. As an owner, the most advantageous reason to incorporate is to protect your personal assets. This means if the company does not succeed, the owner is not personally responsible for the resulting debts and obligations. Incorporating … Read more
Incorporate Your Business in Florida
Posted on October 31, 2012 byTags: Business Law in Florida
Breach of Contract in Florida
Posted on October 29, 2012 byWhen entering into a contract in both business and personal settings, it is important for the participating parties to be fully aware of all aspects of the contract. There are two forms of contracts: verbal and written. In Florida, certain types of contracts are required by law to be in writing, but verbal contracts are … Read more
Tags: Business Law in Florida
Canadians are “Moving In” to Florida
Posted on October 26, 2012 byWatch out, Brazil, Canadians are moving in! Last year, 2011, was considered the “year of the Brazilians” by realtors in Florida, but it looks like Canadian home buyers will surpass them in 2013. This was the topic of discussion at the “Doing Business with Canada” hosted by the Broward Council of the Miami Association … Read more
Tags: Business Law in Florida | Florida Real Estate | International Law
EB-5 Program Allows Residency for Foreign Investors
Posted on October 24, 2012 byThe EB-5 Immigrant Investor program, enacted in 1990, is a way for foreign investors to help boost the American economy and, in the process, gain residency in Florida or in other states across the U.S. Foreign investors can obtain an EB-5 visa if they invest $1,000,000, or $500,000 in high unemployment areas, that leads to … Read more
Tags: Business Law in Florida | International Law | U.S. Immigration
Securitized Loans are Creating Warfare
Posted on October 23, 2012 byRising commercial real estate delinquency rates are becoming a concern in the industry, and securitized loans are making the problem even more complex here in Florida and across the U.S. When a mortgage lender securitizes a loan, it is pooled with similar debts in order to transform the loan into a similar asset that can … Read more
Tags: Business Law in Florida | Florida Real Estate
Last Chance for Short Sale Tax Breaks
Posted on October 22, 2012 byIf you are facing foreclosure or considering short-selling your home, you need to act FAST! The Mortgage Forgiveness Debt Relief Act of 2007 is set to expire December 31, 2012, just over two months from now. What does this mean? When you short-sell your home, you end up selling your house for less than the … Read more
Tags: Florida Real Estate
Estate Tax Set to Increase in 2013
Posted on October 19, 2012 byThe current Estate tax – commonly referred to as the death tax – is set to increase on January 1, 2013. Currently, the Estate Tax is 35 percent with an exclusion rate of $5,000,000 per individual. In January, the tax is set to climb to 55 percent, and the exclusion rate is set to drop … Read more
Tags: Estate Planning for Florida
A New Generation of House Flippers
Posted on October 18, 2012 byThe housing market is starting to show signs of life again, attracting a new generation of “house flippers.” Areas of the country that were greatly affected by the housing crash are beginning to regain strength. According to the research firm RealtyTrac, the number of flips nationwide rose 25 percent during the first half of 2012, … Read more
Tags: Florida Real Estate
Baby Boomer Estate Planning
Posted on October 17, 2012 byFor the baby boomer generation, periodically evaluating your estate planning can be as important as going in for regular medical checkups. Estate planning is one of the best ways to manage the distribution of assets bought and sold and the changing beneficiaries who may receive them. Effective estate planning also eliminates the death tax and … Read more
Tags: Estate Planning for Florida
Collegiate Tuition Rates for Dependants of Illegal Immigrants
Posted on October 16, 2012 by
A federal ruling has deemed it unconstitutional for Florida colleges and universities to charge out-of-state tuition rates for students who are legal U.S. citizens if they are dependents of parents who are in this country illegally. This issue arose when The Southern Poverty Law Center, a civil-rights organization, filed a lawsuit on behalf of five … Read more
Tags: U.S. Immigration
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