Rental Property Owners Must Issue 1099’s

The Small Business Jobs Act that passed Congress last year requires all property owners that rent out properties to file a 1099 for each vendor who does $600 or more in work.  Even if you only rent out a single property, you must collect the following for each vendor: name address Social Security or Federal […]

Commercial Real Estate, Investment Real Estate
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Rental Property Owners Must Issue 1099's

The Small Business Jobs Act that passed Congress last year requires all property owners that rent out properties to file a 1099 for each vendor who does $600 or more in work.  Even if you only rent out a single property, you must collect the following for each vendor: name address Social Security or Federal […]

Commercial Real Estate, Investment Real Estate
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Miami Real Estate – If You Are Looking To Invest, Miami Is Top Choice

According to Mark Vitner, an economist for Wells Fargo, Miami is his top choice of a market poised for economic growth.  How can that be?  We have one of the highest unemployment, foreclosure and number of underwater homes in the country.  However, Vitner stated that Miami is currently posting some of the highest taxable sales […]

Buying, Commercial Real Estate, Investment Real Estate
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Miami Real Estate – Shadow Inventory

Shadow inventory is basically the number of properties that are projected to hit the market due to distressed owners, those who are behind 90 days or more on their mortgage,  or because they will be or already have been taken back by the bank.  There has been a lot of speculation lately about how this […]

Buying, Foreclosures, Investment Real Estate, Selling
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Foreclosure Freeze: Good For Distressed Owners, Bad for South Florida Real Estate Market

The recent decision by some banks to freeze their foreclosure process while they investigate their procedures for handling foreclosures has a mixed effect on South Florida’s real estate market.  While it may be a good thing for distressed owners who really want to keep their homes, it is probably not a great thing for current […]

Buying, Foreclosures, Investment Real Estate, Selling
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Is Miami Real Estate Undervalued?

According to an article in today’s South Florida Business Journal, a report by IHS Global Insight suggests that in grossly overvalued markets, prices dropped an average of 37% from 2005 until the fourth quarter of 2009.  In Miami, prices have fallen 35.8% in that time frame.  The report suggests that for the country as a […]

Buying, Investment Real Estate
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Home Buyers Tax Credit Ends April 30

If you are planning on using the Home Buyers Tax Credit to purchase your home, time is running out. 

Buying, Investment Real Estate, Selling
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Why Current Mortgage Market is Like the Diamond Trade

The main reason the current mortgage market is like the diamond trade is because the Fed’s current policy has been to create the market for mortgage backed securities.  The Fed agreed to spend $ 1.25 trillion through the first quarter of 2010 to purchase mortgage bonds, thereby keeping interest rates low and stimulating the housing […]

Buying, Investment Real Estate, Mortgage information
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