On January 29, 2008 Floridians voted yes on Amendment 1 (www.YesOn1Florida.com). Amendment 1 gives the people of Florida a tax cut- guaranteed by law, and will help reignite Florida’s economy. With the passage of Amendment 1, families across Florida will see an immediate decrease and even greater savings when they move. This part of the amendment is also known as the property tax portability part. It is a huge benefit that most people aren't aware of or are confused about. Instead of giving you a somewhat confusing example of how different homeowners in different situations are affected, it is a lot easier to click on the link below and see how YOU would be affected. The link shows you what your situation would have been prior to the approval of Amendment 1 and also shows you the savings you will get now.
Miami Dade County Tax Estimator
Broward County Tax Estimator
Just in case you did want an explanation of how tax portability works, please click on the link below.
How Tax Portability Works
Amit Bhuta
Real Estate Helper
Kendall Village Homes
(305) 439-3031
www.DadeCountyMLS.com
Tuesday, June 03, 2008
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