The Florida real estate market is pretty hot right now, with prices on the increase. This is great for sellers but not ideal for buyers. When compared with the same period in 2021, Q1 2022 median sales prices are up over 21% with the trend expected to continue into 2023. However, with mortgage rates up…
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It is easy to get caught up in your day-to-day business activities and forget that you need to keep accurate records. That’s where accounting comes in. It helps to keep you organized so that the information you need is readily available. There is a difference though, between bookkeeping and accounting. Accounting Helps to Make Sense…
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Real Estate Agents are uniquely placed to take advantage of the solutions offered to their clients when faced with the consequences of FIRPTA. FIRPTA is short for the Foreign Investment in Real Property Tax Act. It affects property sold with a value greater than $300 000 or if the purchaser is not living in the home…
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1099 contractors are responsible for their own taxes, not just at the end of the tax year but also quarterly. If you make over $600, then the company that paid you for your services will issue you with a 1099-MISC form indicating the amount of your earnings. However, even if you don’t receive the 1099-MISC,…
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There are many ways to obtain residency and citizenship in the USA. One of the popular options is via an E2 Visa. The E2 visa is available to citizens of countries that have a treaty with the USA. It is s a non-immigrant visa for investors, entrepreneurs, or people wanting to run a business in…
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The booming American economy and stable property market make the USA a popular destination for foreign business owners looking for a place to invest their wealth. Many foreigners wish to know what is the best way to buy real estate as an investment in the USA. This is not an easy question to answer as…
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Mortgages are available for the purchase of property, either as an investment or as your primary residence in the country. The South Florida property market is currently offering the unique opportunity to withdraw money from your property through refinancing which makes funds available to invest in another investment property from the proceeds of the refinancing…
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Most people don’t know that foreigners can obtain life insurance in the USA There are many different types of life insurance policies that foreigners can take out in the USA which is very helpful as many foreigners are scared of taking out policies in their own countries. A lot of foreign clients approach us to…
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ATTENTION! Save $1000’s on Your Taxes The One Secret the IRS Doesn’t Want you to Know That Could Save You 17% on Your Cryptocurrency Taxes We all know that investing in cryptocurrencies can be a profitable strategy, but how many of you know the ins and outs of tax law governing investment taxes? Or even,…
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There are many decisions you need to make when deciding on which type of company you wish to form. An important consideration is whether you can obtain the necessary visas to present yourself in the United States to open a bank account. A further consideration is the name you choose for your company. As there…
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