User57932_3_t Rob Arnold, Florida Realtor / InvestorSand Dollar Blog - Central Florida's full service and investor friendly Realtor
Search MLS Listings by city:
Members: 120,713 - 2,501 Online Now  Login
 

The proposed constitutional amendment that would dramatically change the Florida homestead property tax exemption laws is under major challenge today.  A judge in Leon County has ruled that the language going on the ballot in January is "misleading and inaccurate".  This ruling may be a blessing in disguise.  Hopefully this will force the legislature to go back to the drawing board and give us some real relief for not only homesteaders but also for rental properties and businesses.  There is an article with more details about the ruling in today's Orlando Sentinel.

The Florida legislature is meeting again for a special session in October to enact budget cuts.  Who knows, they might spend some of that time working on property taxes now.  I wouldn't hold my breath though.  If they do not and this amendment is not on the ballot in January, the legislature will be under a lot of fire to do something else during the normal Spring session. In my opinion, they really need to make some radical changes to the property tax structure or else people will not be able to afford living in this great state.

 
This post has been included in Florida Information

2 Comments on Proposed super-homestead tax exemption in trouble

I can't believe they actually thought this bill was worthwhile! Down with Super Stupid Exemption!

09/25/2007 04:29 PM by Dawn Pratt, East Orlando Real Estate (Keller Williams Advantage II Realty)


I agree.  But something needs to be done to get these property taxes under control.  It is really a big anchor on the entire real estate market and the overall Florida economy.

09/28/2007 10:38 AM by Rob Arnold, Florida Realtor / Investor (Sand Dollar Realty Group, Inc.)


Leave a response…

Name:
Notify me of new comments:
Comment:
What does the graphic say?
 
Real Estate Agent: Rob Arnold, Florida Realtor / Investor (Sand Dollar Realty Group, Inc.)
Rob Arnold, Florida Realtor / Investor
Altamonte Springs, FL
More about me…
Sand Dollar Realty Group, Inc.

Office Phone: (407) 389-7318
Cell Phone: (407) 375-4567
Email Me


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.

Join Our Hot Property Email List & Newsletter
Email:
















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 views and opinions only.

Copyright © 2007-2008. Sand Dollar Realty Group, Inc. All rights reserved.

Page copy protected against web site content infringement by Copyscape