Effective July 1, 2026, Florida will permit the use of a “protected series LLC” (PSLLC) as outlined in Chapter 605 of the Florida Statutes. With this structure, a single parent LLC can create multiple internal series, each possessing its own assets, liabilities, members, and managers. The main advantage is clear:…
Each August, the county property appraiser mails homeowners their TRIM notice. “TRIM” stands for Truth in Millage, and the notice lists your property’s assessed value, any exemptions applied or removed, and the proposed tax rates used to calculate your property taxes for the coming year. Because this document directly affects…
As discussed in our Real Estate Blog, over the past two years, the state-level sales tax rate on commercial lease payments was previously reduced from 5.5% to 4.5% to 2.0%. Effective October 1, 2025, HB 7031, signed into law by Governor Ron DeSantis on June 30, 2025, fully eliminates the…
Although many people are aware of the potential hazards of lead-based paint, there is a lot of confusion on the topic. This article addresses several myths surrounding lead-based paint. Myth #1: All homes built prior to 1978 contain lead-based paint. False. According to a study performed by the EPA, lead based…
The deadline to file for property tax refunds or reductions due to hurricane damage from 2024 is quickly approaching. The application for a refund (Form DR-465 – Application for Catastrophic Event Tax Refund) can be found on the County Property Appraiser’s website and must be submitted prior to March 1. …