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• Apr. 26, 2006 - Property Tax Portability Dead?

It's looks as though the idea to make one's tax savings under the SOH Amendment (SOH) portable is dead-- for now.  The legislature will likely commission a study on the idea and perhaps take it up at some point in the future.  Here's the article:

 

http://www.planetrealtor.com ...

 

I agree that a study must be done.  The increased property tax burden on businesses and other non-Homestead properties must be considered.  If portability related tax increases drive small business and second homeowners out of the state, then it might not be a good idea after all.  Let's study it and see the numbers... then decide. 

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Greg DiSisto of DiSisto Realty, Inc. talks real estate. Buying it, selling it, and other local market topics. Located in Deerfield Beach we service from Deerfield Beach/Boca Raton, Pompano Beach, Lighthouse Point, Hillsboro Beach west through all Broward County.

Feel free to call me. 954-692-3456

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