While supporters see the elimination of property taxes as a deserved gift—a free lunch—even modest critical thinking reveals significant risks to housing affordability, market stability, and the reliability of basic public services, all of which play a role in property valuation.
Lessons To Be Avoided From The Florida Property Tax Plan Read More »
There’s a proposal to gradually eliminate Florida property taxes on primary residences, while continuing to tax second homes, vacation properties, Airbnbs, and out-of-state investors. Critics warn that eliminating property taxes could force lawmakers to raise other taxes and has also raised concerns among snowbirds and international property owners.
How Florida Property Tax Changes Could Make The State Less Attractive Read More »
Gov. DeSantis just reaffirmed his goal of making Florida the first state in the country to eliminate property taxes on homesteaded properties while continuing to forgo a state income tax. The plan, he said, is to “completely” phase out these taxes for primary residences.
