Effective as of January 1, 2020, the Florida state sales tax rate applicable to the lease of commercial real property has decreased from 5.7% to 5.5%. Therefore, the state will levy a 5.5% sales tax on all rent collected...more
1/22/2020
/ Commercial Leases ,
Department of Revenue ,
Florida ,
Real Estate Market ,
Rent ,
Rental Property ,
Sales Tax ,
State and Local Government ,
Surtax ,
Tax Levy ,
Tax Liability ,
Tax Rates ,
Tax Reform
Although recent index readings and reports proclaim that South Florida’s housing market is among the hottest in the nation, developers and investors might want to take a closer look at current inventory levels and comparisons...more
Following the increase of green buildings in the commercial real estate sector, green homes have become a hot trend among homebuilders. According to the “Green Multifamily & Single Family Homes: Growth in a Recovering Market”...more