by cpaofmiami | Feb 2, 2015 | Condominium and Homeowner Audits - Real Estate Accounting, International Taxes - Expat Tax Compliance, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
Foreign investment in residential real estate continues to be on a terror as Canadian snowbirds and South Americans purchase residential real estate, often with cash. International real estate deals accounted for 29 percent of all transactions in Miami-Dade and...
by cpaofmiami | Jan 29, 2015 | Condominium and Homeowner Audits - Real Estate Accounting
Within the state of Florida, there are very detailed statutory requirements, and administrative rules, relating to the year-end financial reports which are required to be prepared by Florida condominium associations. Here are the four levels of financial reporting for...
by cpaofmiami | Jan 20, 2015 | Condominium and Homeowner Audits - Real Estate Accounting, International Taxes - Expat Tax Compliance, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
Buying property in South Florida may seem easier than in many other countries. The real estate markets are open and there is generally no ban on foreign investment in property (personal or corporate). But beware – real estate markets can be complicated,...
by cpaofmiami | Jan 19, 2015 | Condominium and Homeowner Audits - Real Estate Accounting, Miami CPA Accounting
If you own a condominium or a property within a homeowners association, the association’s actions could derail your home sale at the wrong moment. When selling your home or condominium, the buyer’s lender will look into the financial condition of the condo...
by cpaofmiami | Jan 16, 2015 | Condominium and Homeowner Audits - Real Estate Accounting, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
Owning rental properties is a common way to increase your net worth in the long run as well as generate some passive income in the short run. If you are new to the landlord business though, you may fall prey to some common rental property income mistakes when you file...
by cpaofmiami | Dec 16, 2014 | Condominium and Homeowner Audits - Real Estate Accounting, QuickBooks Accounting - Bookkeeping, Tax Compliance - High Net Worth Individuals
Intuit’s QuickBooks accounting program is the leading software program used by small businesses. In fact, their market share amongst small businesses is getting to the point where it’s probably above 80 percent. Here are three key reasons why most small businesses...