But, in the end, the contract is between the client and the broker and the broker is on the hook for ensuring everything is done correctly, legally, ethically, etc.Generally, you would have an independent contractor relationship with your broker (you'd be the contractor).

The truth of the matter is, I have no legal or IRS issues with this approach, which has been confirmed by several attorneys and CPAs.

I am of he opinion that one should use every advantage to legally avoid or postpone tax consequences.

R Collins Steven Hamilton II (I @ Steven in response to his comments about going to court)I can't speak to specifics of FL law, but I can tell you the general legal concepts involved....When you purchase a property subject to a condominium association, homeowners association, or master association - your obligations stem from accepting the deed to the property.

I don't know if this is right or wrong, legal or not.

Go further in property and casualty will give you some great insight to legal issues, negligence and real estate risks. :)

-property tax-insurance-vacancy-property management-maintenance-capital repairs-legals and accounting.From the remaining 50% you service your debt, if any, and the remaining is your profit.

All counties have adjudicated news papers, the papers approved for placing/publishing legal notices (foreclosures, court cases, business sales or transfers....anything requiring legal notice publication).  

Is that legal under the SAFE Act?

I always advise owners and managers to consult with an attorney who specializes in premises liability and landlord-tenant law.If you keep the tub, you should have specific clauses written into the rental agreement as an addendum.You absolutely must provide the tenant an owner's manual because the first five or six pages are full of all the legal warnings that keep the tub manufacturer out of lawsuits (Consult a physician before use, Don't consume alcohol, Don't use alone, No unsupervised children, etc.)Bottom line: If it needs work, have it done by a licensed, bonded and insured electrician and/or spa technician.