by cpaofmiami | Dec 15, 2014 | Condominium and Homeowner Audits - Real Estate Accounting
Believe it or not, it is almost time for cooperatives, homeowner and condominium associations to produce their year-end financial reports. Every c0operative, homeowner and condo association must produce a year-end financial report of some kind within the state of...
by cpaofmiami | Dec 8, 2014 | Condominium and Homeowner Audits - Real Estate Accounting, Tax Compliance - High Net Worth Individuals
The “average family selling a home” for the first time and moving on to South Florida will not need to worry about capital gains. According to the IRS, when you sell your primary residence (the key word here is primary residence or the home you actually...
by cpaofmiami | Dec 8, 2014 | Condominium and Homeowner Audits - Real Estate Accounting
Tis the season for condominium associations and homeowner associations to get prepared for complying with Florida Statutes. For the typical condominium complex, now is the time to contact a Florida CPA firm that focuses on real estate accounting requirements. Most...
by cpaofmiami | Dec 5, 2014 | Condominium and Homeowner Audits - Real Estate Accounting, Tax Compliance - High Net Worth Individuals, Uncategorized
On December 3, 2014, The House passed the one-year extension of the tax extenders package. Once passed by the Senate and signed into law, the House bill will likely extend the incentives through 2014. For our real estate developers, commercial property owners, and...
by cpaofmiami | Dec 4, 2014 | Condominium and Homeowner Audits - Real Estate Accounting
The primary purpose of an audit is to assure users of the financial statements that these statements are reliable. When is a Condominium Association Required to Have an Audit? Florida law requires condominium, cooperative, and homeowners’ associations to have...
