Commercial Legislation and Regulatory Advisory Board

Uncertainty remains regarding 1031 exchanges, capital gains, and depreciation recapture rates especially during this election year. We need to keep beating the drum! If changes do occur to policy, changes are more likely to be prospective rather than retroactive as this is historically how it is done which offers some consolation to those already in the 1031 exchange process.

The FHA condo plan if passed will positively impact mixed use properties.

A good flood insurance policy would open more private insurers to come into the market. This helps not just residential properties but commercial real estate as well.

There are 48 days remaining for legislature. Lame duck sessions are expected after November and this presents both opportunities or peril for our issues.

MIT research in tax consequences for appreciable life terms is in collaboration with other real estate groups like ICSC, Real Estate Forum, etc. This research will provide a broad look at how changes in policy would result in either a positive or negative tax consequence for investors.

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Veronica Malolos

Veronica has been a real estate residential investor since 2000 and has been active in the Central Florida residential market as a real estate Broker since 2004. She began her real estate career as a brokerage owner and in 2011 became Managing Broker for the top producing RE/MAX residential office in Osceola County. In 2013, she became the lead agent for the City of Saint Cloud’s disposition of 17 commercial parcels totaling $13.5 Million in inventory. In January 2015, she moved to NAI Realvest to practice commercial real estate full time. Her main focus is the Osceola County and South Orlando markets. Veronica is currently in NAI Realvest’s Hotel Sales Team. Veronica is an established leader in her community. She is currently an Osceola County Planning Board Commissioner and Vice-Chair of the Osceola County Affordable Housing Advisory Committee that governs the SHIP and CDBG Programs to name a few. She is a Trustee for the Osceola Education Foundation Charter School Board. She is also a Graduate and Alumnus of “Leadership Osceola”. In 2010 she was President of the Osceola County Association of REALTORS® and in 2014 was District 12 Vice President for the State Association, Florida REALTORS®. She believes that real estate practitioners should subscribe to a Code of Ethics and be an active voice for real estate in the community. She and her husband, Manny, have five children and two grandsons and enjoy their large family gatherings weekly.

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