Every community deals with renters who break the association’s rules and regulations. While the association’s governing documents may allow it to take certain actions against those tenants, the Florida Statutes provide for remedies as well. Derrick Maginness joined the Sarasota Community Association Network for a discussion on Renters Rights, Applications and Background Checks at the event at the Sarasota Yacht …
How to Officially Become a Florida Resident
With no state income or inheritance/estate tax, Florida is becoming a preferred destination for more than 330,000 individuals annually.If you are thinking about or have just made the move follow these steps to confirm and establish your legal domicile in Florida. We are often asked how to become a Florida resident, or how to maintain that residency. This decision can …
Peter Skokos joins the board of the Sarasota Military Academy
Norton Hammersley partner Peter Z. Skokos has been named as a board member for the Sarasota Military Academy in 2021. Peter will enhance the governance, diversity and leadership of Sarasota Military Academy and add new ideas to the organization. Founded in 2002, Sarasota Military Academy (SMA) is a nonprofit, tuition-free, public charter school with two unique campuses offering Quality Academics, …
Norton Hammersley teams up with All Faiths Food Bank
This has been a trying year for everyone but even more so for families in need. NHLS has teamed up with All Faiths Food Bank to create a virtual fundraiser
Sarasota County to vote on continuance of tax exemption program for business incentives
Sarasota County residents will be able to vote on the Economic Development Ad Valorem Tax Exemption renewal during the Nov. 3 general election and also during early voting, An ad valorem tax is a tax based on the value of land or buildings on real estate or personal property and reflects the fair market value. The ad valorem property tax …
Lakewood Ranch record sales again in August
Although COVID-19 seems to be not going anywhere soon many buyers have noted that COVID-19 has accelerated life plans to set their roots.
Low Inventory Generates Sarasota’s Strongest Seller’s Market in 15 years
Homes and Luxury Homes in Sarasota are selling big right now — something one might not expect in times of social distancing and widespread unemployment.
Establishing Florida Domicile for Income and Estate Tax Planning Purposes
Florida is attractive to residents living in higher tax locales, as one of only seven states without an income tax or state level estate/inheritance tax. However, establishing Florida domicile is no longer a simple process, as more aggressive tax collection by other states has raised the bar on what steps are required to truly relocate to the Sunshine State. …
Is it the right time to buy during the pandemic?
To say COVID-19 has impacted the market is an understatement but the big question may be Is buying a home in the wake of the COVID-19 pandemic a good idea?
CARES Act for Individuals
The Coronavirus Aid, Relief, and Economic Security (CARES) Act (H.R. 748), became law on Friday, March 27, 2020.