Florida real estate awaits its moment of truth when voters decide on property tax cuts

Floridians will choose their next governor and U.S. senator on Election Day, but their ballots will also include a number of key races and referendums tied to real estate. That includes the proposed statewide property tax referendum, which requires 60 percent voter approval, and measures tied to city-owned land across South Florida.  These are the races we’re watching. STATEWIDE RACES, MEASURES Amendment 3: Property tax referendum Floridians will decide on a property tax referendum that aims to eventually phase out all property taxes for primary residences.  The ballot item would raise the $50,000 homestead exemption on primary residences to $150,000 […]

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