Florida Real Estate Taxes: Win One, Lose One
Posted by Benjamin Dona on Tuesday, September 14th, 2010 at 4:18pm.
Advocates who are trying to keep real estate taxes reasonable in Florida won one battle but lost another as state courts have ruled on two important cases.
In the first case, The Florida Supreme Court rejected the wording as misleading in Amendment 3, thereby officially knocking it off of the November ballot.
In the second, The First District Court of Appeals once again rejected an appeal by out-of-state homeowners questioning the constitutionality of Florida’s Save Our Homes (SOH) law and its offspring, the amendment that allows homeowners portability on their tax savings when they relocate into a new home anywhere within the state.
You have to wonder how many times the courts will have to say "no" to the parties and the attorneys that continue to bring cases against the SOH amendment. "All" such cases have been rejected numerous times.
The ruling on Amendment 3 was another matter all together. It was nothing less than a typical political hatchet job. It's a shame that all the potential and existing second home owners that would have benefitted from a 5% cap on their annual real estate taxes had to take a back seat to pressure from the states government employee union.
It seems it's always the same in Florida, two steps forward and one step back.
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About the Author
Benjamin Dona is the Broker and Owner of Gulf Coast Associates, Realtors in Bonita Springs, Florida. He holds two advanced degrees, an MBA and an MA, and has an extensive background in both business and marketing. In 1998, he founded Gulf Coast Associates, and formed a group of like-minded Realtor® associates dedicated to offering professional Southwest Florida real estate services by concentrating on information, education and the use of leading edge technologies. He also is a recognized expert on the "Net," a much-quoted and read blog author, and a contributor to both national and international news outlets. Benjamin is a member of the National Association of Realtors, the Florida Association of Realtors, and numerous local real estate boards throughout Southwest Florida.
Contact Benjamin Dona at 239-948-3955
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