Considering becoming a landlord? As a landlord, deciding whether or not to rent a property already furnished can make for a difficult dilemma. Potential tenants will be more likely to desire this aspect, as it takes away the worry of decorating the home on their own. It's also a win for you, as ad...
What are Squatter’s Rights in Florida?
Just like every other person in the country, squatters have rights. Squatters’ rights are a form of Adverse Possession. Florida squatter law says that if someone occupies your property for a certain period of time, they may be able to own it.
So, as a home...
No law in Florida requires landlords to ask a security deposit from their tenants. It’s entirely optional. But still, most landlords require a security deposit before a tenant can sign the lease agreement.
But why? A security deposit acts as a safety net against potential liabilities that can ar...
Do you want to learn more about the eviction proccess in Florida? Just like elsewhere in the country, Florida landlords have a right to evict their tenants for certain reasons including nonpayment of rent and violation of the lease/ rental agreement. You must however follow Florida’s legal eviction...
The 1031 Exchange takes its name from Section 1031 of the Internal Revenue Service code. Section 1031 allows for a taxpayer to suspend the recognition of capital gains and/or related federal income tax liability onto the exchange of property. When done successfully, a 1031 Exchange can allow inves...