Illegal Referrals on the Radar

In case you missed the Florida REALTORS® news release in January quoting Florida REALTORS® general counsel Margy Grant, the “Unlawful Inducement Rule“ is now officially on the books at the Department of Financial Services. It has a list, a non-exclusive list, of what title agents cannot do to get business referred to them. It also […]

It’s Tax Season Again

In Brief: The big news in 2015 on selling property was the increase in the withholding on foreigners selling property. The rate jumped from 10 percent to 15 percent under FIRPTA, the Foreign Investors in Real Property Tax Act. If you have been dealing with foreign investors, you are already aware of the importance of […]

Cutting the Cord with AOL and Other Free-Email Providers

Free email accounts, like AOL, advertise the email provider and not you or your business. Getting your own domain name and email allows you to leverage your brand. Why let Yahoo, Hotmail, AOL, and other free-email providers profit off of your brand? With your own name-branded email account, e.g., john@johndoe.com, you have the ability and […]

I Want My Deposit Back

In a recent case from Miami, the question was whether a buyer can get his deposit back if the seller resells the property quickly to a second buyer, and makes more money. The answer is no. The 3rd District Court of Appeal was faced with that issue and decided that the contract language of the […]

President’s Message: 2016

The Tallahassee Board of REALTORS® is a wonderful organization which has been serving it members since 1935. Our association is rich in accomplishments. But the thing that has kept TBR strong throughout the years, is adhering to guiding principles. These principles are in the Strategic Plan that was updated earlier this year, and these principals […]

Volunteer

The members of Tallahassee Board of REALTORS® have made such as big impact in our community through charitable giving and volunteerism. As we embark upon 2016, I’d like to make you aware of added member benefits. In support of the Board’s goal to accurately track community involvement, volunteer Charity Promotion Request Form is available on […]

President’s Message: 2015 Wrap-Up

It’s almost time for me to end my year as the 2015 Tallahassee Board of REALTORS® president, and it really went by so quickly. I am so honored and pleased to say that I worked with a wonderful board and association staff; we couldn’t have accomplished what we did for TBR this year without all […]

4 Tax Deductions for Real Estate Professionals

Real estate professionals benefit from numerous tax-saving strategies—from deducting rental losses and avoiding the 3.8% Medicare Net Investment Income Tax on rental income, to miscellaneous business expense deductions that can offset your income. Following is information on four tax deductions you shouldn’t miss out on! Meal Deductions The IRS allows you to deduct 50% of […]

How Do You Stop Trespassers?

Real property is one of the great assets that you must be vigilant to keep others from using. Someone who uses your land to cross over can actually acquire permanent rights in your land. Prescriptive easements are created when someone has gone across your land the requisite period of time, typically 20 years. There are […]

Professionalism

“In this corner, weighing 175 lbs. [don’t judge], from Coldwell Banker Hartung and Noblin…Jimmmmmm Butlerrrrrr!”  This is how I feel sometimes during a transaction. It may be difficult at times dealing with the agent on the other side of the transaction, but I know I must. While we’re all here to make a living, and […]