Joint Ventures in Real Estate

Some real estate ventures only need one person – they can handle the money and the management, and they have the know-how to run everything (or they think they do). Some real estate ventures are projects for individuals. And some are not. Larger real estate projects: multi-family units, multi-lot purchases,…
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CLIENT ALERT: Backlogs in Florida Courts Could Take Years to Undo

Because of Covid-19, Florida, like most states, suspended jury trials and closed the courthouses. Yesterday, Judge Patricia Stonebridge of the Ninth Circuit (which covers Orange and Osceola Counties), told an audience of attorneys that the court closings and suspensions of trials is already resulting in cases being postponed to 2022. With…
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CLIENT ALERT: Changes to the Paycheck Protection Program Incoming

Late Wednesday night, the US Senate passed a House-led bill to make changes to the Paycheck Protection Program. The new rules modify the forgiveness guidelines to attempt to make it easier for business owners. The new rules, which have not yet been signed into law by the President, do several…
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CLIENT ALERT: Florida to Enter Phase 2 on June 5, 2020

On Friday, June 5, 2020, all of Florida, with the exception of Palm Beach, Broward, and Miami-Dade Counties will move to Phase 2. Here is what this means: Bars can reopen at 50% capacity inside and full capacity outside. Only seated customers can be served. Restaurants can seat patrons at…
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A Succession Planning Primer

When you build up a business, it is more than just a job. When you build up a business, you’re planting a seed, but also nurturing it to grow and creating something special. But not everyone who builds a business is looking to die in their office, and that is…
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Loan Forgiveness Under the PPP

When a loan is received from the Paycheck Protection Program (PPP), obviously a key benefit is the loan forgiveness component. It is important to remember that for the loan to be forgiven, the funds must be properly used. It is useful to look at the name of the program “the…
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Coronavirus Update for Business Owners

As I am sitting here writing this blog, Orange County, Florida’s shelter in place order has taken effect and begun. The coronavirus, or COVID19, is causing businesses to close, causing employees to be laid off, and generally wreaking havoc with our economy. This unprecedented, global pandemic, is affecting every country…
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Understanding Commercial Leases

A commercial property lease is a contract that gives a tenant the right to use a space for a period of time – how long the lease is for can vary from as short as 3 months (or even three days) to as long as 20 years. However, these leases…
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