What do I need to know about Amendment 3?????

So Amendment 3 passed in Florida. Confused as to what that means? Well, that makes about all of us. The law as written had so many gaps that the politician who wrote the bill decided that it was 'half-baked' and said he was going to vote against it, and urged Floridians to vote no. Governor DeSantis has called for a special session to try to fix the worst issues, and so as of today, it's not set in stone. However, the tax breaks are likely to stay similar to what they are in the bill. If you have been thinking about buying in Florida, closing by the end of the year could save you significant money over the next 5 years, since new owners and residents will have a 5 year waiting period before getting the benefits. Of course, that works if the timing is right for you, but I'd be a terrible real estate agent if I didn't inform you. 

Here's cheat sheets with what we understand about the property taxes. Reach out to me with questions, and especially quickly if you'd like to take advantage asap. We have time to find you a great house, but let's get started.