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save our homes: Florida Property Taxes – Analysis of Amendment #1 - 01/12/08 11:55 AM
On January 29, 2008, Floridians get to go to the polls and vote in the presidential primaries and for a constitutional amendment affecting property taxes known as Amendment #1. The amendment's language is a little convoluted and confusing. So I am going to do my best to give an unbiased breakdown on exactly what Amendment #1 is, what it will do, and the pros and cons about it.
You can read for yourself a sample ballot that includes the language for this amendment on the Seminole County Supervisor of Elections Website. Full text of the amendment can be found on the Florida … (48 comments)
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save our homes: Florida property tax cut passed - 10/30/07 10:27 AM
The Florida legislature approved a property tax deal yesterday on the final day of the special session. The changes will now be put on the ballot in January for voters to decide on.
I have not read through the proposal in detail, but it does appear to have some positive changes in it. The highlights of the proposal are:
A doubled homestead exemption from $25,000 to $50,000.Making the Save Our Homes tax savings portable if you sell your home and buy another.A 10% cap on annual tax increases for non-homestead and commercial properties.A $25,000 exemption on personal property taxes for businesses and landlords.I am glad … (4 comments)
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Rob Arnold, metro Orlando full service, investor friendly & foreclosure Realtor
Altamonte Springs,
FL
More about me…
Sand Dollar Realty Group, Inc.
Address: Apopka, FL, Longwood, FL, Winter Springs, FL, Casselberry, FL, Orlando, FL, Deltona, FL, Debary, FL, , Altamonte Springs, FL, 32714
Office Phone: (407) 389-7318
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My thoughts on the real estate industry, real estate investing, rental properties, mortgages, listing houses in the MLS, government and legislative issues affecting real estate brokers and investors. Serving metro Orlando & most of Florida.
Rob Arnold - ABR, CPL, CRB, CSP, GRI - Managing real estate broker, Notary Public
Disclaimer: This blog is for educational, entertainment, and yes blatant advertising purposes. Read it at your own risk and enjoyment :-) It is not meant to be construed as legal or financial advice. These are my personal views and opinions only. Regarding any properties advertised on this blog site - all information is deemed reliable but is not warranted nor guaranteed - price, terms, and availability are subject to change without notice.
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