Merrick Talks

What Buyers Need to Know About SALT

October 2019

The Astor Companies and The Agency Collective recently hosted the second edition of “Merrick Talks,” an exclusive speaker series at the Merrick Manor Sales Gallery. The event focused on how the cap on SALT (State and Local Taxes) deductions and other provisions from the Tax Cuts and Jobs Act are fueling substantial domestic migration to South Florida from high-tax states. Faith Gorman of Daskal Bolton LLP, Joseph Hernandez of Weiss Serota Helfman Cole & Bierman, and Mike Pappas, CEO of the Keyes Company, gave the real estate professionals and other invited guests an in-depth understanding of the impact of the Act on the South Florida real estate market and the steps an out-of-state buyer must take to establish residency in Florida.