Florida Real Estate Tax

This new edition features the latest changes to "Chapter 475, Florida Statutes, as well as federal laws affecting real estate such as the "Jobs and Growth Tax Relief Reconciliation Act of 2003. This is a user friendly source for meeting the fourteen hour biannual CE requirement, featuring multiple learning tools and five FREC approved final exams. Highlights of this book are: * The latest changes to Chapter 475 to keep agents up to date. * Updated summary of changes in license law and FREC rules to keep students current on issues impacting real estate practice. * The technology chapter explores the use of technology in today's real estate practice. * Web links included of relevant industry sites, which encourage students to further explore key topics.

Real estate investment trust - A real estate investment trust or REIT (rhymes with treat) is a tax designation for a corporation investing in real estate that reduces or eliminates corporate income taxes. The REIT structure was designed to provide a similar structure for investment in real estate as mutual funds provide for investment in stocks.

Tax lien sale - A tax lien sale is the sale, conducted by a governmental agency, of tax liens for delinquent taxes on real estate. It is one of two methodologies used by governmental agencies to collect delinquent taxes owed on real estate, the other being the tax deed sale.

Tax deed sale - A tax deed sale is the forced sale, conducted by a governmental agency, of real estate for nonpayment of taxes. It is one of two methodologies used by governmental agencies to collect delinquent taxes owed on real estate, the other being the tax lien sale.

Real estate broker - A real estate broker is in the business of brokering real estate transactions; that is, finding sellers for those who want to buy real estate and finding buyers for those trying to sell real estate. Real estate brokers and their salespersons assist sellers in marketing their property and selling it for the highest possible price under the best terms and assist buyers by helping them purchase property for the best possible price under the best terms.

floridarealestatetax

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