Hotel Guests, Tenants & Transient Occupants, Oh My!

Imagine this scenario, you are a hotel owner with a guest, that for one reason or another, isn’t exactly the ideal customer. Maybe you are finding that this guest habitually has one too many drinks at the lobby bar and proceeds to make other guests uncomfortable Continue reading “Hotel Guests, Tenants & Transient Occupants, Oh My!”

What a Cost Segregation Study Means for Your Hotel or Motel

Property Cost Allocation (aka “Cost Segregation”) is back with a vengeance, according to GMG Savings in a recent article.

A cost segregation study is an essential fiduciary component when building, purchasing, or renovating a hotel or motel. Hotel Continue reading “What a Cost Segregation Study Means for Your Hotel or Motel”

Florida Hotels Must Comply with New Human Trafficking Training Law  

State Inspectors have been visiting properties and issuing warnings to hotels that are not in compliance with Florida’s Human Trafficking Training Law

We want to inform you of Florida’s new human trafficking law that was implemented Jan. 1st, 2021. Hotel Continue reading “Florida Hotels Must Comply with New Human Trafficking Training Law  “

Conforming to an ADA-Compliant Property

2021 has already seen a flurry of serial filers continuing to file lawsuits and send demand letters alleging violations of the Americans with Disabilities Act (hereinafter “ADA”). The ADA prohibits discrimination against people with disabilities in Continue reading “Conforming to an ADA-Compliant Property”

Study: Retailers, Commercial Real Estate Companies Optimistic About Strong Recovery in 2021

Close to 88% of shopping centers are being used to fulfill online orders, and 99% of retail respondents reported their stores fulfilled online orders to some degree.

Nearly 60% of commercial real estate Continue reading “Study: Retailers, Commercial Real Estate Companies Optimistic About Strong Recovery in 2021”

Seven Ways 1031 Exchanges Can Help Strengthen Businesses

1031 Exchange transactions can help business owners leverage valuable cash to finance critical growth strategies.

At least once a week I get asked:   What are the benefits of doing a Section 1031 Exchange?  I normally give the usual answer:  Deferral of Taxes resulting in more funds to spend on possible Continue reading “Seven Ways 1031 Exchanges Can Help Strengthen Businesses”

What Peter Strojnik’s “Vexatious Litigant” ruling in AZ could mean for your business?

A disbarred attorney, who continued to file hundreds of disability lawsuits on his own behalf, has been permanently blocked from filing new cases in Arizona’s federal court district without permission. Judge Diane Humetewa officially labeled Peter Strojnik a “vexatious litigant” in a ruling that compared his Continue reading “What Peter Strojnik’s “Vexatious Litigant” ruling in AZ could mean for your business?”

Florida Hotel Sales are Down, is a Spike in the Horizon?

Florida hotels are changing hands much less frequently lately, thanks to COVID-19’s negative impact on the local economy. Orlando’s 500+ lodging properties are dealing with severely reduced revenue due to sparse tourism, and this is only contributing to the ongoing mass layoffs within the hospitality industry. Continue reading “Florida Hotel Sales are Down, is a Spike in the Horizon?”

Happy New Year from all of us at Gulati Law!

2020 certainly threw some curveballs to our friends, family, & clients. As we rebuild our community back to the vibrant economy it once was, it is a great time to review your estate plan or corporate documents and evaluate any needs going forward.

New Year Checklist:                                                                                                                                                                                                                                                                Make sure that…

  • All major decisions requiring owner/partner approvals have been documented and are included in the company’s record books.
  • Secretary of State filings due during the year have been filed (please note Florida’s deadline is May 1st, 2021).
  • Agreements among members, employees, and consultants have been documented and signed.
  • The company’s agreed value (if applicable), financial statements, and ownership records are current.
  • State taxes (if applicable) have been paid and business licenses renewed.
  • The company is in good standing in its state of formation and in each state where it is qualified to do business.
  • And most importantly your family estate plan is up to date.

If any of the above items have not been updated or handled, we suggest taking the time to speak with your Florida attorney to get them updated. This is also a good time to communicate with members about the company’s progress during the year. Finally, 2021 Annual Corporate Renewals are now due, please reach out to Gulati Law, P.L. for assistance with any of these matters at (407) 900-5054.

Gulati Law is Awarded 2019 Law Firm 500 Honoree

Gulati Law, P.L., named a 2019 Law Firm 500 Honoree for Fastest Growing Law Firms in the U.S.

Over the past 3-years, our team at Gulati Law, P.L., have been dedicated to providing excellence in customer service resulting in many happy clients. In doing so, our commitment and focus has taken us on a fabulous journey of growth – both personally and for our business.

We are pleased to announce that our law firm has been named a 2019 Law Firm 500 Honoree awarded to the Fastest Growing Law Firms in the US. Although this recognition is calculated on growth, it could not be possible without the continued operational excellence and commitment to client service exhibited by our team each and every day.

Thank you so much to our loyal clients, colleagues, family, and partners who have supported us as we have grown.

The Law Firm 500 Award is an honor for our firm to receive and a tribute to our team. Of course, we could not have achieved this truly remarkable accomplishment without our devoted team. Each in their own way has contributed to making this possible.

As we continue to grow, we encourage you to follow our progress and stay in touch!

 

About Gulati Law

Gulati Law has focused on serving their clients with more of a personal boutique style of representation. Gulati Law’s has a sophisticated mix of clients who venture in, among other things, informational technology, restaurants, media, financial services, manufacturing, retail, hospitality and lodging, and many other diverse businesses. Gulati Law’s team handles real estate closings, including commercial deals, 1031 Exchanges, and re-finances. They also assist clients with their contract preparation, small business formation’s, asset protection and set up.

For more information about our firm contact us at (407) 900-5054 or Office@GulatiLaw.com

 

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