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Apr 24, 2018

Highlights from this episode

  • How golf and taxes are alike. -(0:01)
  • Sarasota is the BEST place to retire! - (2:59)
  • How to not treat Ed like a savage. - (4:44)
  • What the heck is FIRPTA? - (9:10)
  • Why interviewing Jo Ann Koontz is GOLD baby! Just GOLD! - (15:48)
  • How you can let Koontz & Associates be your shock absorber. - (31:00)
  • Ed returns to the golf course for the first time in 3 years! - (34:00)
 

Interview with Jo Ann Koontz of Koontz and Associates - (4:30)

Today attorney Jo Ann Koontz shares her extensive knowledge regarding FIRPTA (Foreign Investment in Real Property Tax Act of 1980). 
 

About our guest Jo Ann Koontz

(from Koontz & Associates website)
 
Jo Ann M. Koontz is an attorney and CPA practicing in the areas of real estate, business organizations, and taxation. She earned her Bachelor of Science in Business Administration from Ohio Northern University in 2001, where she specialized in accounting. Jo Ann obtained her Certified Public Accountant license in 2003, and earned her Juris Doctor from Ohio Northern University in 2006. She represents clients in a wide variety of business and real estate matters, including commercial and residential real estate transactions, short sales, S corporation, partnership and LLC formation and reorganizations and the tax implications of business and real estate transactions, including purchases and sales of assets and equity interests.
 
Jo Ann has been representing clients before the IRS for over 15 years in all tax controversies, including audits, appeals and collection matters and provides tax planning services to clients in connection with real estate and business transactions. She began working in public accounting in 1998 and has been handling these types of IRS issues since that time. She advises clients of potential tax consequences of contemplated transactions prior to entering into agreements for the transaction, so that together, working with the client, exposure to tax liabilities can be minimized. In order to maximize the effectiveness of tax planning strategies, Jo Ann encourages holding an initial consultation as early as possible, even before the transaction begins to take shape.
 
Sarasota Office
1613 Fruitville Road (map)
Sarasota, FL 34236
Phone: 941-225-2615
 
Orlando Office
121 E. Morse Blvd
Winter Park, Florida 32789 (map)
Phone: 407-704-6974
 

The Local Flavor at Bobby Jones Golf Course - (33:00)

Bobby Jones Golf Course

A Florida Golf Destination Since 1927
 
Club History 
(from their website)
 
Bobby Jones Golf Club is a 45 hole municipal facility named for the legendary Robert Tyre Jones, Jr., who personally dedicated the facility on Sunday, February 13, 1927.
The original 18 holes were designed in 1925 by the famed course architect Donald Ross. Nine additional holes were constructed in 1952 and another nine were added in 1967. The John H. Gillespie Executive Course was completed in 1977.
 
During its 80+ years, Bobby Jones courses have challenged such immortals as Walter Hagen, Tommy Armour, Gene Sarazen and even the "Babe", George Herman Ruth. In 1940 the longest playoff for a PGA event was held at both the Bobby Jones Course and nearby Sarabay C.C. when the PGA Seniors Championship tournament needed 36 playoff holes before Otto Hackbarth bested Jack Hutchinson 294 to 295. Past LPGA greats including Patty Berg, Babe Didrikson Zaharias and Louise Suggs made Bobby Jones a regular tour stop in the mid-1950's.
 
Visitors from around the globe have come to tee it up and walk these fairways steeped in golfing history. The current British Course record is 62, shared by PGA Pro Paul Azinger (1980) and Professional Golfer Domenico Geminiani (2017). Domenico Geminiani holds the Tournament course record of 62 set in February 2017 during the annual "Bobby Jones Open" .The current American Course record is 63 set in 2009 by Michigan native, Jim Cleaves, who set the mark at the age of 70. Maybe your next round will be the new record. Enjoy and good golfing.
 
Bobby Jones Golf Club
1000 Circus Blvd.
Sarasota, FL 34232
Tel: (941) 365-4653
 

Shelley Panas, REALTOR with Century 21 Beggins Enterprises

For more information on buying a home you can contact Shelley directly.
Call or text:  (941) 960-5115

Shell & Tell Information

If you would like to have your questions answered on an upcoming Shell & Tell please contact us!
 
Links in this episode
 
The information contained in this episode has been obtained through sources deemed reliable by Shelley Panas and / or any guest on Selling Sarasota Podcast, however, we cannot warrant the complete accuracy thereof subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We recommend to our listeners that any information, which is of special interest, should be obtained through independent verification.