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When is a Real Estate Portfolio Defined as a Business and Not an Investment?

For Florida real estate investors, deciphering when their real estate portfolio goes from a passive investment to a fully operational business in the eyes of the law is a notable challenge. The distinction is crucial, as it influences not only the way you manage your properties but also the financial and legal implications tied to them.

What is a Business Continuity Plan?

Owning and operating a Florida business takes attention to detail, dedication, and a keen eye for opportunities to protect the business’ long-term stability. We frequently talk about business succession planning and why it’s imperative that you have a plan in place for when you’re gone, but what about business continuity plans?