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San Diego Real Estate

New Foreign Buyer Rules for Ag Land Take Effect

The Florida Department of Agriculture’s finalized rules regarding foreign-buyer registration for agricultural property ownership took effect April 4. ORLANDO, Fla. – The Florida Department of Agriculture and Consumer Affairs Division of Consumer Services finalized its rules that prohibit certain foreign principals from owning, having a controlling interest in or acquiring more than a de minimis…

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Business Rent Tax Reduction Set for June

A cut in the state’s commercial lease sales tax, from 4.5% to 2.0%, will begin on June 1, weeks earlier than originally expected. TALLAHASSEE, Fla. — Business owners will see an earlier-than-anticipated reduction to the state’s lease tax, beginning in June rather than July, state leaders said. Florida’s commercial lease sales tax rate, also known…

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