Tag: Florida Real Estate

Estate planning isn’t just about deciding who inherits your property. It’s also about choosing the right legal tools to protect your home, avoid unnecessary court involvement, and maintain control during your lifetime. For Florida residents, two popular options for transferring real estate outside of probate are the Life Estate Deed and the Enhanced Life Estate […]

Human trafficking isn’t just a criminal issue, it’s a growing legal risk for hospitality owners, operators, and lenders. As litigation expands under federal and state anti-trafficking laws, hotels and short-term rental platforms are increasingly being named in lawsuits for alleged facilitation or failure to prevent trafficking on their premises. At Gulati Law, we believe legal […]

🏨 Florida’s New “No Pay, No Stay” Law What Property Owners & Hoteliers Need to Know! As of July 1, 2025, Florida has a new law that gives hotel owners and short-term rental operators more power to deal with guests who don’t pay or refuse to leave. It’s called Senate Bill 606, nicknamed the “No […]

SECTION 1031 (TAX DEFERRED EXCHANGES) VS. SECTION 1033 (INVOLUNTARY CONVERSIONS) ON INVESTMENT REAL ESTATE More and more people are having their property taken by a governmental agency through eminent domain proceedings.  So, let’s briefly discuss some of the information that will help during this process. Question: What options are available to me as the Taxpayer, when […]

ATTENTION all Real Estate Owners! BEWARE OF SCAMMERS There have been talks of some individuals attempting to take advantage of real estate owners post-hurricane recovery situations. Insurance, debris removal, and tree removal scammers are actively working in storm affected areas. Do not sign anything regarding an “assignment of benefits” from a potential contractor. If you […]

Marriott plans to remove plastic straws Worldwide by July 2019! Marriott International today announced that it has adopted a plan to remove disposable plastic straws and plastic stirrers from its managed and franchised properties by July 2019. The move will impact 6,500 properties across 30 brands around the world, and could eliminate the use of […]

The majority of our clients and referral sources are aware that doing a Section 1031 tax deferred exchange allows Taxpayers the privilege of deferring the payment of their federal capital gains taxes, depreciation recapture taxes and state income taxes (if any) on the property they held for investment or on the property that they used in […]

When a hurricane threatens your community, be prepared to evacuate if you live in a storm surge risk area. Allow enough time to pack and inform friends and family if you need to leave your home. Secure your home: Cover all of your home’s windows. Permanent storm shutters offer the best protection for windows. A […]

  A deed is a legal instrument used to convey real property. There are three main deeds in Florida, or three methods of transferring property. They vary depending on the guarantee that is offered by the seller, the type of property, or reason for transfer. 1) General Warranty Deed Most complete form of ownership, or highest […]