Miami’s Million-Dollar Cash Sales and Government Scrutiny by FinCEN In January, I posted information regarding the upcoming government watchdog FinCEN’s new scrutiny on purchases over $1M which began March 1st. Many were concerned and called it a “killer” for Miami. As of February, Miami was the fourth highest City for cash sales noted in the United […]
Tag Archives: Miami Investors
The 1031 Exchange | A Miami Investors Tax Deferred Weapon of Choice
The 1031 Exchange | A Miami Investors Tax Deferred Weapon of Choice The average capital gains tax across all states is 28.7 percent. Were you aware of the 1031 Exchange to defer taxes on your profit when you sell? If not, read on for the most effective loophole in netting you more and increasing your real estate portfolio […]
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