Real Estate Closings

Boilerplate Language in Business and Real Estate Agreements: The Devil Really Is In the Details

June 10, 2016 by

Have you ever been at a real estate closing or presented with a long agreement containing language and terms you did not understand? Has anyone ever told you, "Don’t worry, it's just boilerplate"?

Boilerplate is a slang word used ...

Read More...

Dastardly Deed: Using Tricks to Take Your Money

March 17, 2015 by

The predators are at it again with yet another trick about obtaining a certified copy of the deed to one’s Homestead. The dictionary defines dastardly as cowardly, characterized by underhandedness or treachery. That definition perfectly describes what so-called businesses ...

Read More...

Real Estate Flip Could Become Tax Flop

November 4, 2014 by

A full-time real estate flipper, or what the IRS considers full-time, may not qualify for the lower capital gain tax rate and instead be taxed at the ordinary income tax rate. A real estate flipper buys real estate, rehabs ...

Read More...

Sales Tax in Florida Real Estate Transactions:
Potential Trap for the Unwary

May 27, 2014 by

Sales tax may be due in a Florida real estate deal when tangible personal property is part of the transaction. If sales tax is owed, the seller must collect the tax and pay it over to the Florida Department ...

Read More...