Florida Property Tax Update: Investor and Commercial Worries

The release of the newest version of the proposed Florida Property Tax Reform should worry a large portion of property owners in the State.

While Florida House Speaker Mark Rubio and Governor Charlie Crist have done a reasonable job accommodating homestead property owners, i.e. full time residents, especially those with property values under $500,000, I feel that there was a failure in this newest revision of the property tax reform to adequately address the issues facing investors and commercial property owners.

Many feel that these people don't need as much attention but I think that the ripple effect of not helping with their tax woes will be felt more directly than Florida Legislators might realize.

For a breakdown of several different property owner types and how they will be affected, follow this link>>

For a breakdown of the chronology of recent news stories and happenings regarding the Florida Property Tax Reform, check here Florida Property Tax Update: A Chronology of the Continuing Saga.