Thursday, January 31, 2008

One small step

Amendment 1 passed during the vote on Jan. 29 and that is one small step in the right direction.

Basically, as word spreads, people will find out that their homestead has increased and the their homestead exemption is portable.

Now I don't expect to see a fluery of activity in the next week on the Gulf Coast of Florida. But a lot of people in the Manatee and Sarasota County areas may start thinking about buying after this wise decision.

The State of Florida now needs to follow up quickly with legislation that helps none homesteaders and business owners receive a reasonable cap on tax increases (not the 10 percent as the amendment did).

All the best
Greg Owens PA
Keller Williams Realty of Greater Manatee
941.779.5149
greg@teawmworksfla.com

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