Florida Tax Reform Passes Senate | Here's Everything You Need to Know

Описание: I give a rundown on the Florida property tax reform bill that just passed the Florida Senate. Meaningful property tax relief for peoples' primary residence is on the way as long as we get 60% voter approval in November! This is being done via a constitutional amendment. You must be a FL resident by December 31st 2026 with a homestead exemption to be eligible. Newcomers after that date must wait 5 years to get the new exemption. Stick around until the end of the video for a glimpse of special guest Hector, who always wants to be involved when we discuss property taxes! Don't forget to subscribe for more updates to Florida tax changes as news becomes available.

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0:00 Intro
0:43 What Changes
1:40 $300K home scenario
2:50 FL residency
3:57 Tax increase changes
5:08 Future Changes and Conclusion