Leaseback Agreements: Strings Attached

Leaseback Agreements: Strings Attached

In this current crazy market a very hot topic is leaseback agreements where sellers lease back their properties from their buyers after closing. This appears to be happening mostly because sellers are rushing to sell at the height of the market, but are doing so in...
FIRPTA Say What?

FIRPTA Say What?

So what the heck is this FIRPTA thing, and why do I keep hearing about it? First things first: FIRPTA stands for the Foreign Investment in Real Property Tax Act of 1980, a federal law requiring the accurate reporting and remittance of U.S. capital gains taxes for...
Accessorizing Your Real Property!

Accessorizing Your Real Property!

Sarasota County plans to adopt a new ordinance (No. 2019-024) that amends the Sarasota County Unified Development Code and expands the ability of property owners to utilize accessory dwelling units in many residential areas of the County. Accessory dwelling units, or...
Commercial vs Residential Transactions

Commercial vs Residential Transactions

Does the following sound familiar? You’ve been selling residential real estate for years, and you suddenly get a hot lead on a commercial property and you have the perfect buyer for it. Or perhaps client calls and says he wants you to show him some commercial...