When looking for a new commercial space, the actual floor space that you get is important. Not only may it define how you set up your business, but you look at the rent through the lens of what you pay per square foot.
1031 exchanges are a great way for real estate investors to defer taxes on properties that they are buying and selling. Simply speaking, 1031 exchanges allow investors to "swap" properties, which means that they are able to defer the capital gains taxes that they would have owed initially on the first property.
Buying property, especially your first property, can be overwhelming. There are a lot of financial and legal steps to manage. You’ll also need to consider location, the housing and economic climate, the amenities your renters will be seeking among other pitfalls and opportunities that may arise.
Florida is a hub. A hub for tourism, year-round friendly weather and investment opportunities. Even with those perks, you should have questions.