Posted in Buying a Home, Market Update, News on Mar 26th, 2008 No Comments »
(information courtesy of the Florida Association of Realtors):
While homes may be selling slowly in Florida, the fact remains that homes in the Sunshine State are selling, and that’s good news. As Florida economist Stan Geberer recently said in various media reports: “If we had all this excess inventory and nobody wanted to move here, you [...]
Posted in Investing in Real Estate, Naples Real Estate, Special Reports on Mar 17th, 2008 No Comments »
Let’s take a look at the other huge advantage offered by real estate investing: tax benefits. There are four main benefits you can get from the government when you invest in real estate.
First, the income you receive in the form of rent is not subject to Social Security or selfemployment taxes as the money you [...]
Posted in News on Mar 12th, 2008 No Comments »
The AP reported on the new plan being considered by Florida’s Taxation and Budget Reform Commission. This new plan would cut taxes about 12% per year when fully implemented. Among the additional provisions is a 25% “super exemption†for all residential properties including second homes and rentals, but property owners would only get half – 12.5% – in the first year.
The [...]
Posted in Market Update on Mar 7th, 2008 No Comments »
Positive signs show that the real estate market in Naples, Marco Island, Bonita Springs, Estero and all of Collier County in Southwest Florida is heading for an upturn. While full realization is still some time away, there are many things for buyer and sellers to be happy about right now:
Showings are up from 2,066 in [...]