Florida Housing Market On Fire Again As Wealthy New Yorkers Flee After Election Upset

As uncertainty looms over New York’s political future, Florida’s sunny, tax-free appeal is once again attracting America’s wealthy—and fast. Realtors are reporting a wave of inquiries from clients looking to exit New York, with Florida—especially South Florida—emerging as a top destination.

Florida Housing Market On Fire Again As Wealthy New Yorkers Flee After Election Upset Read More »

Florida Legislature Votes To Eliminate Sales Tax On Commercial Leases

Currently, commercial leases are subject to a 2% state sales tax. plus local option taxes of 1%–1.5%, resulting in a combined rate of 3%–3.5%. Florida lawmakers just passed HB 7031, a bill that—if signed by Governor Ron DeSantis—would fully repeal both the state and local portions of the tax, rather than just reduce them further.

Florida Legislature Votes To Eliminate Sales Tax On Commercial Leases Read More »