Traps can lurk in tax savings on real estate

Traps can lurk in tax savings on real estate Tax time provides an opportunity to cash in many of the rewards of dabbling in last year’s red-hot real estate market — but there are numerous tax traps if you sold a home, refinanced your mortgage or bought an investment property in 2005. Although the rules …

Taking reservations [Southern California]

Taking reservations [Southern California] Just when investors thought they knew everything about vacation home purchases, along comes a brand-new way to spend lots more money. Hybrid condo-hotels — luxury hotels whose rooms or suites are sold as condominiums and are available to owners from a week to three months a year — are on their …

Liens, delays dog Ceebraid [South Florida]

Liens, delays dog Ceebraid [South Florida] Creditors seeking payment for everything from ironwork at the Brazilian Court to flight services for a 13-year-old Learjet are dogging Ceebraid-Signal Corp. and companies linked to the West Palm Beach firm or its top executives. Only last year, Ceebraid-Signal snapped up the Gulfstream Hotel in Lake Worth for $13 …

Caribbean now a real estate treasure chest

Caribbean now a real estate treasure chest The waterfront has always been the hottest bet in the real estate game and probably always will be. But a host of factors complicating development of luxury properties here on the mainland are pushing the front to places that many of us have never heard of: Canouan Island, …

Two major ways to prevent real estate probate

Two major ways to prevent real estate probate Beware of condition that gives up control of home DEAR BOB: I am recently widowed. The house is now in my name. How do I prevent probate, how expensive is it, and how long before my heirs can sell the house? Should I add my heirs’ names …

South Gate — granddaddy of Sarasota subdivisions [South Florida]

South Gate — granddaddy of Sarasota subdivisions [South Florida] Development helped transform sleepy town… Looking over vast orange groves, two young men debated what the 1,240-acre expanse could look like if their fantasy became a reality. Despite the odds, Smith and King helped spark Sarasota County’s post-World War II housing boom more than 50 years …