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Patricia Tan – Perspectives – International REAL Estate

Sunday, April 16, 2017

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Taxing Matters For Non-Residents Who Own U.S. Real Estate By Patricia Tan What season Is it? Some might say “Spring” as temperatures are in the 70s, others may say “Tourist Season” as they sit patiently in heavy traffic, but as I write this article I am working on my annual accounts, so I would say “It’s Tax Season!” It is this time of year when I get questions from some of my overseas customers who are working on their tax returns too, and I thought it might be useful to spend a few minutes looking at how foreign real estate […]

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Patricia Tan – Perspectives – International REAL Estate

Monday, November 14, 2016

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What Does BREXIT Mean To Our Real Estate Market? By Patricia Tan I was born and raised in England and watched with interest as the United Kingdom decided its future – whether to remain in the European Union or leave and become autonomous again. While it was a very close vote, the majority of the British people did vote to exit the E.U. The exact details of BREXIT will be negotiated over the next two years, and its full impact will not be known for some time. Many readers know that I make several trips each year to the United […]

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Patricia Tan – Perspectives – International REAL Estate

Tuesday, September 20, 2016

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Confidence In Your Real Estate Professional Makes Decision Making Easier By Patricia Tan As we experience Florida’s hot and humid summer months, and the snow birds have long gone, we continue to welcome many international visitors to the area. Long summer vacation weeks in Europe make this the perfect time for Europeans to make the long journey here to enjoy sun and sand. Many of these visitors are so taken with what our wonderful area has to offer, they contemplate purchasing a home so they can stay for longer periods, and have a place to call their own. Many think […]

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Patricia Tan – Perspectives – International REAL Estate

Wednesday, June 1, 2016

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The Changing Face Of International Real Estate By Patricia Tan As we wave good bye to our winter visitors, we hope they enjoyed our balmy, sunny shores, and that they will be back again. While many of those visitors come here from the cold northern States, we still welcome a large number from other countries – Canada, United Kingdom, Germany and even as far away as Australia and South Africa, to name a few. In the past, many of these international visitors, just like their American counterparts, have fallen in love with our area and start to think about purchasing […]

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Patricia Tan – Perspectives – International REAL Estate

Sunday, April 24, 2016

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2015 Was A Record Breaker What Does 2016 Hold? By Patricia Tan Spring is definitely upon us, and those of us in the real estate industry will be taking a welcome respite from a very busy selling season which came hard on the heels of a record breaking year for real estate transactions in Sarasota and Manatee Counties. 2015 was certainly one for the record books. 20,691 homes were sold in our desirable spot on the Gulf Coast – 1,302 or more than in 2014, and an increase of more than 6%. As you would expect, our median sales prices […]

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Patricia Tan – Perspectives – International REAL Estate

Wednesday, February 24, 2016

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Why Buy A Home In Florida And Why Now? By Patricia Tan Here we are in the middle of winter and enjoying balmy weather with temperatures in the 70s. Need I say more? While our climate is a big attraction to those thinking about purchasing a home for retirement, or a vacation property, it may not be enough on its own to persuade home buyers to write a sizable check. Recent world events and volatility in the stock market have led many home buyers to pay more attention to the potential returns that their second home can provide. I thought […]

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Patricia Tan – Perspectives – International REAL Estate

Wednesday, August 26, 2015

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Who Is Buying A Home Here? By Patricia Tan We are all reading market reports about low inventory, rising prices and sometimes multiple offers on a particular property, but who are the buyers, and where are they coming from? What is driving them here? Why do people buy in Florida, and more specifically on the beautiful west coast of Florida? Retirement, I hear you say! Yes, Florida is known as a retirement destination, but here in the Sarasota area we enjoy much more diversity in our population. This became very apparent to me recently when I was doing some research […]

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Patricia Tan – Perspectives – International REAL Estate

Friday, November 7, 2014

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More International Buyers Coming To U.S.A. By Patricia Tan Recent Reports Show Significant Growth I spend most of my time in Sarasota, where our real estate team lists and sells homes in Sarasota and Manatee Counties. A key factor that has contributed to our success over the years has been our focus on international buyers. Today, more than 70% of our business comes from transactions that involve someone from another country. I also spend some of my time traveling around Florida, teaching other Realtors how to build their global business, and this means I have to understand the impact that […]

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Patricia Tan – Perspectives – International REAL Estate

Thursday, July 10, 2014

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International Real Estate – A Risky Business? By Patricia Tan I recently returned from a series of meetings in Washington D.C. While I was there, I was asked to present to a group of experienced international agents about ways in which they could manage risk in their business, and provide a better experience for their customers. Let’s consider those real estate transactions where an American buys or sells property in another country. Such transactions are most certainly prone to greater risks in a number of areas, and buyers, sellers and real estate agents should exercise caution.

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Patricia Tan – Perspectives – International REAL Estate

Monday, January 6, 2014

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International Landlords – A Rising Trend By Patricia Tan Florida’s still low real estate prices, together with a healthy demand for rental properties have led many investors from overseas to purchase rental properties here. Sometimes the homes are purely for investment, other times they are vacation homes that are rented while the owners are not using them personally. It can be difficult to find a property that meets both the need of a vacation home and a rental investment. The home that meets the owner’s need for a vacation residence may not produce the best rental returns, but a lower […]

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Sara Hand Perspectives Global Entrepreneur

Wednesday, December 19, 2012

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Global Entrepreneur By Sara Hand Global Entrepreneurship Week (GEW) – ran from November 12th through 18th where more than 100 countries across 6 continents participated in more than 30,000 total activities! Launched in 2007 by Carl Schramm, President and CEO of the Kauffman Foundation and Gordon Brown, former Prime Minister of the United Kingdom; this “movement” has grown significantly since its inception. With the strategic aim to foster innovation and creative leadership accompanying the spirit of entrepreneurship across the globe in young people; students, educators, entrepreneurs, business leaders, non-profits, government officials and more engage each year.

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Sara Hand Perspectives What’s Hot? Entrepreneurs

Thursday, November 1, 2012

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What’s Hot? By Sara Hand What do words like education, network, virtual, job growth, support, incubator, accelerator, angel, pitch, and VC all have in common? They all connect to a term you see thrown around a lot lately. Across headlines – print and digital – the buzz is about “entrepreneurs.” So what’s all the interest in this word that spell check loves?

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Sara Hand Perspectives The Gulf Coast Venture Forum

Friday, September 14, 2012

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The Gulf Coast Venture Forum By Sara Hand Photo by Lori Sax We already know that Southwest Florida (SWFL) is a great place to retire. Yet more than just a place to retire, golf and fish; SWFL has also become a place where entrepreneurs looking for quality lifestyle are choosing to build their businesses and choosing to relocate. With many of these companies at an early stage of development and often pre-revenue, they may not yet be headliners for news. However, in an economic climate that becomes more and more entrepreneur friendly, it won’t be long before they do become […]

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Jefferson Riddell Perspectives Legal 1031 Exchange

Wednesday, November 16, 2011

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1031 Exchange The third in a three-part series  By Jefferson Riddell, Esq After the real estate downturn, the number of 1031 exchanges decreased significantly. However, lately we’ve noticed an uptick in 1031 exchanges, perhaps a sign that the market is recovering or just an indication that investors are realizing it’s still one of the best tax shelters available.

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Jefferson Riddell Esq Perspectives Legal 1031 Exchange

Wednesday, August 31, 2011

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1031 Exchange The second in a three-part series  By Jefferson Riddell, Esq Although 1031 Exchange has been in the internal revenue code since 1921, the scope of its use in recent years is unprecedented. Originally an “out west” phenomenon, the use of 1031 Exchange has spread rapidly east in recent years.

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