Tag Archive for: real estate

IRS finalizes safe harbor for rental real estate
WASHINGTON — The Internal Revenue Service today issued Revenue Procedure 2019-38 that has a safe harbor allowing certain interests in rental real estate, including interests in mixed-use property, to be treated as a trade or…

1031 Exchanges May Help Real Estate Investors
1031 Exchanges May Help Real Estate Investors Transition to a Less Active Role.
For many real estate investors, there comes a point in their lives where they no longer want to be bothered with the headaches that come with actively managing…

State Sales Tax Rate Decreases to 5.7% on January 1, 2019
State Sales Tax Rate for Rental, Lease, or License to Use Real Property Decreases to 5.7% on January 1, 2019.
Effective January 1, 2019, the state sales tax rate imposed under section 212.031, Florida Statutes, on the total…