Law Blog

REAL ESTATE INVESTMENT: Part I – Overview of 1031 Exchange

These days, the real estate market is steadily on the rise. So, if you are in the real estate investment game, you may find yourself with a good opportunity to flip a property, but you may not be ready to cash out. Good news. You can take advantage of the sale opportunity and parlay it without having to pay taxes READ FULL POST

Real Estate: FIRPTA

Foreign investors should be aware of the withholding required under FIRPTA and meet with an HLA attorney to discuss the most advantageous business structure for real estate investments.

real estate investment

Real Estate Investment: Part III – Structuring the 1031 Exchange

This is the third and final part of our discussion regarding the use of a 1031 Exchange to defer tax on real estate investments. Used correctly, real estate investors might even defer tax indefinitely—or at least during their lifetime.

Labor Law: Overtime Pay (FL)

As long as an non-exempt employee does not work more than 40 hours in a week, the employer is not required to pay overtime even if (i) the employee works more than eight (8) hours in one day, or (ii) the employee works on a holiday, a Saturday, or a Sunday.

REAL ESTATE: LAND USE LAW

Every city and county in Florida is required to adopt a comprehensive plan that provides “the principles, guidelines, standards, and strategies for the orderly and balanced future economic, social, physical, environmental, and fiscal development of the area that reflects community commitments to implement the plan.” Section 163.3177(1), Florida Statutes.

REAL ESTATE: OCWEN CLASS ACTION IN FLORIDA

Ocwen has been one of the biggest offenders what comes to servicing mortgages. It is time to fight back.

REAL ESTATE INVESTMENT: Part II – Structuring the 1031 Exchange

Pitfalls of the 1031 exchange

REAL ESTATE INVESTMENT: Florida Land Trust

I have always been fond of trusts generally and, when it comes to real estate investment, a land trust can be an ideal solution in many situations. The only real drawback is that a lot of people are unfamiliar with trusts and it takes a good deal of explaining to get them to the necessary comfort level. The purpose of READ FULL POST

REAL ESTATE: Buying a Home in Someone Else’s Name

Dangers of using someone else’s name when purchasing real estate

Premium Processing – Business Visas

Premium processing is a expedited service offered by the USCIS for certain visa types.  There is an extra charge, which adjusts from time to time (currently $1,440).  The advantage of premium processing is that you will get a response to the application within 15 days.