Property Management

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What You Need To Know About The Landlord Tenant Act Amendments

One section addresses “termination of a tenancy without a specific term.” What does that mean, and when does it apply? Read on. Another amendment affects annual leases with a specific duration. What changed there, and how does it work now? Read on. By Meredith Caruso ORLANDO, Fla. – Different sections of Part II of Chapter 83 Florida Statutes, otherwise known as the “Florida Residential...

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5 THINGS HOMESELLERS DO THAT HOME BUYERS HATE

Avoid these five home-showing mistakes if you want buyers’ hearts to beat faster when they see your home. So you're about to put your home on the market? In that case, I assume you want to take every legal and ethical advantage to sell your home for top dollar without dropping your price. To do that, you need just ONE thing: An eager, qualified, and willing buyer. The good news is that buyer is...

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What you need to know if the government bans short-term rentals.

Photo by Daniel Joseph Petty on Pexels.com In April, Canada's finance minister announced a two-year ban on foreign home buying, as well as higher taxes for people who sell their homes within a year (with qualifying exceptions). Also in April, the island of Oahu in Hawaii passed a law nearly eliminating short-term rentals, now requiring minimum stays of 90 days in all but a few situations. Many...

The Best Way To Use Your Home’s Equity

An ever-increasing number of homeowners are taking advantage of their extra equity by getting a home equity loan or a line of credit. But accessing your extra home equity should be done carefully, and only in a narrow set of circumstances. In 2006, just before the last real estate bubble popped, homeowners were treating their homes like endless piggy banks. They used their equity to purchase nice...

Rental Owners, Are You Prepared For Tax Season?

December means the holiday bustle is upon us; there are flights to catch, gifts to purchase, houses to decorate, and taxes to think about. Not the most cheerful of messages to hear during this time, but for property owners or the self-employed, tax season can be as stressful if not more stressful than the holiday season. To get a head start on taxes next year, here are a few things to consider. The...

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