What Happens to the Florida Exemption if the Property is rented for a few Months?
What Happens to the Florida Exemption if the Property is rented for a few Months? What and who does the Florida Homestead Exemption clause protect? Section 4 of Florida’s Constitution [http://leg.state.fl.us/Statutes/index.cfm?Mode=Constitution&Submenu=3&Tab=statutes#A10S04] maintains that a creditor cannot forcibly seize a debtor’s homestead. The clause is meant to protect a home after the death of a spouse […]
The Taxation of Collectibles
The Taxation of Collectibles The concept of taxation of collectibles is relatively unfamiliar to many practitioners. There are various reasons behind the misconception that goes around. One of the primary reasons is that the tax definition is complex and can very easily be misinterpreted. Contrary to typical gain and loss schemes, the netting procedure for […]