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Best Florida Property Management Companies

Own property in Florida, but can’t stick around to take care of it? Want to invest in rental property to stop throwing away money into your own rental? Did you know real estate law firms make some of the best Florida property management companies? Many people don’t know that they can hire an attorney to manage...

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New Miami Anti-Money Laundering Regulations

Outrageous money laundering happens in cash-based Florida real estate transactions. This has sparked some new Miami anti-money laundering regulations that affect everyone. As of March 1, 2016, real estate settlement agents for all “covered transactions” in Miami had to start filling out and filing a new form. The new form must meet all the requirements of the Geographic Targeting Order...

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New Florida Property Closing Procedure

Florida is a great place to live, especially for its low tax burden. Until recently, it didn’t matter which Florida real estate attorney  you hired to do your closing, because they were all familiar with the old closing process. That was when the U.S. Department of Housing and Urban Development (HUD) was overseeing the residential...

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FIRPTA Withholding Rate Increase

If you are a foreign individual and you are selling your property, or if you are a buyer purchasing property from a foreign seller, then you are likely subject to the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA). In the past, settlement agents were required to withhold 10% of the sale price...

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Avoid the UK Stamp Duty Devil

The UK’s Stamp Duty is akin to the American Investment Property Tax. According to British news source Daily Mail, Chancellor George Osborne announced that England’s stamp duty bill will increase starting April 2016. The increase in stamp duty bill brings good news and bad news. The good news is for first-time homebuyers in England: first homes are completely exempt from...

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Florida Property Taxes Now Due

Whether you flip residential houses in Florida or own commercial real estate located in Florida property, Florida taxes are now due for all owners of property located in the state. These 2015 Florida property taxes now due are payable through your county’s tax collector’s office. Longtime owners of Florida real estate know that property taxes are due...