Tuesday, October 30, 2007

Did someone say tax relief?

Well it looks like the state legislature in Florida may be stepping up to the plate, maybe.

If everything goes as billed we will have doubled the homestead exemption on property taxes up to $50,000 and homestead portability that will help the move up market for the locals.

What I believe is lame is the cap on commercial and non-homestead at 10 percent. What the heck are they thinking? Property taxes going up 10 percent a year for anyone is ridiculous.

The snowbirds feed this economy and the money gobbling municipalities seem to have forgotten that point.

Insurance and property taxes are on the tip of every second home buyers tongue. That 10 percent needs to be rolled way back.

All the best
Greg Owens PA
Keller Williams Realty of Greater Manatee
941.779.5149

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