Laws & Taxes

Laws & Taxes

Florida Realtors®: Reducing Business Rent Tax Key for Fla. Business Expansion

As the 2017 Florida Legislature begins, Realtors® from across the state are ready to advocate for legislative priorities that will protect homeowners, promote business and community growth, safeguard Florida’s natural resources, ensure fair and transparent real estate transactions and provide Floridians with more affordable housing options.

SHARE Ross Calls on Congress to Pass Finish the Fence Act

U.S. Rep. Dennis A. Ross (FL-15), Senior Deputy Majority Whip, made the following statement in response to President Trump’s executive order on border security

Attorney General Bondi Takes Action to Stop Foreclosure Fraud

TALLAHASSEE, Fla.—Attorney General Pam Bondi today filed a court action to stop a group of non-lawyers operating an illegitimate foreclosure defense and loan modification...

Lake County seeks citizens to serve on the Value Adjustment Board

The Lake County Board of County Commissioners has an immediate opening for citizens to serve on the county’s Value Adjustment Board (VAB), an independent board which hears property owners’ appeals regarding property tax issues. To serve on this board, applicants must own homestead property in Lake County, and cannot work for a taxing authority nor as a tax agent before any Value Adjustment Board.

Rainbow Recognized for Achievement in Affordable Housing

Rainbow Housing Assistance Corporation (Rainbow), a nonprofit organization that provides service-enriched housing programs for residents of rental housing communities throughout the country, was honored at the recent Novogradac 2016 Tax Credit Housing Developers Conference in Miami Beach, Florida, alongside The Reliant Group during the 2016 Developments of Distinction Awards ceremony for their exceptional achievement in affordable housing development

Law Firm Expansions Helping to Fuel Tampa Bay Area Office Market

Local law firms are helping to drive the current office leasing market according to Franklin Street, a full-service commercial real estate company based in Tampa. “With law firms getting busier, we are seeing more expansion activity in the market,” said Chris Butler, a managing director of Franklin Street’s Office and Industrial Services division.

Florida CFO Jeff Atwater Secures Multi-Million Dollar Settlement in Large-Scale State Contract Investigation

Chief Financial Officer Jeff Atwater today announced that a $15.5 million settlement has been secured as a result of a contract investigation involving U.S. Foods, Inc. The investigation conducted by the Department of Financial Services’ Office of Fiscal Integrity concluded that U.S. Foods falsely inflated its prices for supply food services to the Florida Department of Corrections (DOC) between 2008 and 2014. Through this deceitful billing practice, U.S. Foods wrongly collected millions in state dollars.

State Regulatory Agency, Local Law Enforcement ‘Sting’ Unlicensed Contractors in Jacksonville

The Florida Department of Business and Professional Regulation (DBPR) announced the conclusion of a sting operation that identified unlicensed contractors in the Jacksonville area. Working together with the Jacksonville Sheriff’s Office (JSO) and the Florida Department of Financial Services – Division of Workers’ Compensation, DBPR investigators identified eight unlicensed contractors who were allegedly advertising for contracting services, such as electrical, plumbing or roofing, which require a Florida license

Rubio, Shaheen Bill Becomes Law

U.S. Senators Marco Rubio (R-FL) and Jeanne Shaheen (D-NH) welcome today’s signing of the “Girls Count Act” into law. The bill, which they introduced earlier this year, will direct current U.S. foreign assistance programming to support the rights of women and girls in developing countries by working to establish birth registries in their countries

Man Arrested for Arson After Setting Fire to Manatee County Home

The Florida Department of Financial Services’ Division of State Fire Marshal today announced the arrest of 20-year-old Michael Lynn Haynes for setting fire to a duplex-style apartment home on February 21 in Palmetto, Florida. The intended targets of the fire were two women, a man and a two-year-old child. Following his arrest, Haynes admitted his intention to “burn them (the victims) out like roaches.”

House Passes One-Year Extension of Mortgage Debt Forgiveness Tax Relief

On Dec. 3, 2014, the House of Representatives passed H.R. 5771, the Tax Increase Prevention Act of 2014, by a strong bipartisan vote of 378-46. The Senate has not yet acted on the tax extenders, but is expected to do so the week of Dec. 8. Please visit the Mortgage Debt Cancellation Relief page on realtor.org for any developments in the coming week

Attorney General Pam Bondi Joins Federal-State Mortgage Rescue Fraud Sweep

TALLAHASSEE, Fla. - July 28, 2014 - (RealEstateRama) -- Attorney General Pam Bondi joined the Consumer Financial Protection Bureau, the Federal Trade Commission and 15 other states in a joint federal-state enforcement sweep targeting scam operations that prey on delinquent homeowners or those facing foreclosure. This sweep highlights recent enforcement actions and resolutions of the federal and state participants against operators of fraudulent mortgage rescue or loan modification schemes that scammed consumers into paying large upfront fees but did little or nothing to help them stay in their homes and avoid foreclosure. Florida is announcing four actions as part of this joint effort including lawsuits filed against Hoffman Law Group, Remedy Group, Law & Associates and Thomas E. Law, II, and Mark Bushee

North Palm Beach Law Firm Sued for Scamming Distressed Homeowners

TALLAHASSEE, Fla. - July 24, 2014 - (RealEstateRama) -- Attorney General Pam Bondi and the federal Consumer Financial Protection Bureau, obtained an emergency temporary restraining order and appointment of a receiver in a joint lawsuit filed in U.S. District Court, Southern District of Florida against Florida-based Hoffman Law Group (“HLG”) and related entities. The order prohibits HLG defendants from doing business with consumers and freezes HLG’s bank accounts.

Moica Outraged that Criminal Mismanagement at Sanford Housing Authority Not Pursued by DOJ

WASHINGTON, D.C. - May 26, 2014 - (RealEstateRama) -- Representative John L. Mica (FL-7)disclosed to the public at a press conference in Sanford, Florida, the decision of the Department of Justice not to pursue a criminal referral on the misappropriation, fraud and abuse of taxpayer funds and resources by the former Executive Director of the Sanford Housing Authority. Mica said, “This is an outrage to public trust. Iam disappointed that Attorney General Holder would not pursue criminal charges or bring to justice those responsible for ripping off taxpayers while in a position of public trust.”

Grayson Introduces Bills to Extend Tax Deductions for Mortgages, Tuition, Business Research, and More

WASHINGTON, D.C. - January 29, 2014 - (RealEstateRama) -- Congressman Alan Grayson (FL-09) has introduced twelve bills aimed at continuing certain tax deductions and credits for one year. These provisions, which save Americans money and boost the economy, have already expired or will expire this year.

Ross Introduces Legislation to Protect Homeowners and Taxpayers

WASHINGTON, D.C. - October 30, 2013 - (RealEstateRama) -- U.S. Rep. Dennis Ross (FL-15) introduced H.R. 3298, the Disaster Savings Accounts Act of 2013. This bill will allow individuals to set aside up to $5,000 annually in a tax-free account to use for disaster mitigation expenses.

County offices, libraries, LakeXpress, all solid-waste operations to close for Labor Day

TAVARES - August 29, 2013 - (RealEstateRama) -- All offices of the Lake County Board of County Commissioners, Clerk of Courts, Property Appraiser, Supervisor of Elections and Tax Collector will be closed Monday, Sept. 2, for Labor Day. Offices will reopen Tuesday, Sept. 3.

Congressman Webster Introduces Bipartisan Bill to Encourage Saving for Home Down Payments

Winter Garden, - August 5, 2013 - (RealEstateRama) -- U.S. Representatives Daniel Webster (R-FL), John Carney (D-DE), Rep. Peter Welch (D-VT), and Rep. Joe Heck (R-NV) announced the introduction of H.R. 2929, the “Creating Homeownership Opportunities Act,” bipartisan legislation that would create a pre-tax savings program -- similar to a Health Savings Account -- for the purpose of saving toward a down payment on a first home.

H.R. 4212 Protects Homeowners and Their Families from Dangerous Chinese Drywall

Washington, D.C. - January 02, 2012 - (RealEstateRama) -- Congressman Mario Diaz-Balart (R-FL) released the following statement in response to the passage of H.R. 4212, Drywall Safety Act of 2012.

Attorney General Bondi’s Statement on Tax Relief Extension for Distressed Homeowners

TALLAHASSEE, FL - January 02, 2012 - (RealEstateRama) -- Attorney General Pam Bondi issued the following statement on Congress’ one-year tax relief extension for consumers who have mortgage debt canceled or forgiven due to financial hardship or a decline in housing values.

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Colombia tops all Foreign Searches for Miami Real Estate

Colombia continues to lead all foreign countries searching for South Florida real estate, according to new data from the MIAMI Association of REALTORS® (MIAMI). The South American nation finished as the top international country using MIAMI’s search portal, www.Miamire.com, in May 2016. Colombia has now led the rankings for six consecutive months

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Ross Introduces Fair and Open Competition Act

U.S. Rep. Dennis A. Ross (R-FL-15), Senior Deputy Majority Whip, this week introduced the Fair and Open Competition Act, which will reduce costs for taxpayers by encouraging all qualified construction companies to compete for federal and federally-funded construction projects. The bill further prevents federal agencies and recipients of federal funding from requiring contractors to sign controversial project labor agreements (PLAs) as a condition of winning federal or federally-assisted construction contracts