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 […]

Who Pays the Costs?

North Florida REALTORS® are frequently perplexed why out of town buyers insist that the seller pay certain closing costs, as though it was some kind of law. A recent survey has given some light to this subject. The Fund Concept, a recognized authoritative real estate publication in Florida by Old Republic Title, contains an informal […]

2015 RPAC Golf Report

We raised over $10,000 for the REALTORS® Political Action Committee (RPAC) this year! Thank you for making this annual event another success. We raised a bunch of money for RPAC, but that’s not all. Over the last two years I have had the privilege of being the golf committee chair and it has been a […]

Homestead & Inheritance

The old Holiday Inn ad said “the best surprise is no surprise.” In Florida, that is not always the case in dealing with homesteads or with inheritances. Let’s do homestead first.  You just finished the divorce and you got the marital home in your name alone. Mortgaged or not, it means a lot to you […]

Unintended Consquences

Mortgage lending is a very complex industry and, in an effort to make the process of obtaining a mortgage loan more understandable and safer for consumers, there have been many new laws and regulations created. Committees have been formed and consumers polled to determine what was wrong with the mortgage process of the past. Policy […]

President’s Message: 2015 Presidential Gala

I am so honored to be the 2015 President of the Tallahassee Board of REALTORS®—and TBR’s first Latina president. And I’m very happy to invite you to attend my Presidential Gala on Friday, October 23, 6:30 – 11 p.m. at Cross Creek on Mahan Drive. I was born and reared in Iquitos, Peru. When I […]

GRI: Opportunity Knocking

Are you listening? The GRI 100 Series is coming to TBR! You have chance to register right here, in your own town, to begin your journey of a lifetime. You’ll learn to handle your contacts in such a way as to satisfy your customers while developing a profitable business and blocking time for yourself, friends, […]

New Laws That May Affect REALTORS®

The Florida Legislature finished early this year, only to come back repeatedly on passing a budget and dealing with Congressional districts. But before they adjourned the first time, they passed a few laws of interest to the real estate community. Tenants in a foreclosed property may have 30 days to vacate after written notice from […]