Florida – Anibal Group LLC ~ AllOverUSA.com

SERIES: Your net worth strategy~Another RNW Brokerage Perk: Income Tax Savings.

December 28, 2018

How much you can SAVE on INCOME TAXES using a REALTY BROKER (us) that gives INCOME & PROPERTY TAX ADVICE in the professional service package & offers ALA CARTE BILLING?

SERIES: Your net worth strategy just changed with the tax law changes. The ‘Portfolio Approach’ has never made more sense than now.

Think about if you have, had, or are considering any of the below?

… income property?
… a small business or 1099 contract income?
… an entity such as S-Corp, LLC, or Partnership?
… using property as home office, land storage rental, pole barn use, attached apartment for related/unrelated, or VRBO.com style letting?
… college (or other) housing for student/ child?
… providing housing for parent?
… vacation/ seasonal property that may have mixed use?
… relocation related to work?

Here’s an example of what you could save over using another agent/ brokerage who will not be including or offering taxation perspective in how your deal is structured, financed, the timing, how title is held, and other topics from a taxation perspective.*

* Anibal Group LLC does not offer legal advice. This article is not to be considered advice specific to your situation. Most financial decisions should involve advice from a trusted professional of your choice that will advise on insurance, legal, banking/ lending, structural/ property condition, and other transaction significant matters. We can offer referrals for CPA’s and other professionals.

Vacation & relocations: Savannah GA. Meeting you where & when you move.

December 1, 2018

Your net worth strategy just changed with the tax law changes. The ‘Portfolio Approach’ has never made more sense than now when you look at your:

Saving for retirement
Property holding(s)
Tax minimizing
Net Worth maximizing

Here’s an example day visit to somewhere you may have considered buying. It could be Savannah GA, or Hilton Head SC, Charleston SC, Myrtle Beach, NC, VA, or Maryland as well. Yes, we broker in MI, FL, and meet clients at all points in between.

Port your Florida Homestead Exemption

September 28, 2013

Portability of the “Save Our Homes” benefit

Portability of the “Save Our Homes” (SOH) benefit is available for homeowners who had homestead exemptions on their old home after 2006, and who purchase a new homestead. Homeowners can transfer their SOH benefit to a new home if they had the homestead exemption on the old home in either of the previous two years.

The maximum benefit a homeowner can transfer is $500,000. A person who moves to a more expensive home will transfer the dollar amount. A person moving to a less expensive home transfers the percentage value.

Each applicant for the transfer must complete Form DR-501T “Transfer of Homestead Assessment Difference” and submit it to the office of the property appraiser in the county where the new homestead is located. For more information, refer to the following chart.