Tax overhaul is back: DeSantis signals summer session, phase-out strategy
A divisive proposal to nix property taxes on primary homes in Florida is back in play after failing to gain approval during the regular legislative session. Republican Gov. Ron DeSantis, who is term-limited this year, signaled he will bring back the initiative in a summer special session and that the bill would call for a phase-out reduction in levies instead of an outright elimination from the get-go, Florida Politics reported. “Our goal would be: Homestead properties would be exempt from property tax,” DeSantis said in Palm Beach, adding he will work with the legislature after this month. “You still get […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts

Rich forever? Why top developers, brokers are still all in Miami despite risks, challenges

Former Trump advisor reportedly walked away from two Palm Beach County megamansion deals

Welltower buys five nursing homes in $208M spree amid senior housing boom

CP Group, Georgetown buy back Boca’s Mizner Park in joint venture, with room for improvements

Bal Harbour Shops expansion fully leased as 30 luxury retail tenants sign on amid luxury retail boom

Time and patience: Public-private partnerships drive development, but they can take decades to realize

“Ken Griffin took this town by storm”: Miami-Dade mayor on Wynwood’s $3B Carnegie Mellon campus

Rick Ross drops knowledge on his real estate hustle: “There is no better time than right now”

Michael Stern boasts optimism for Miami projects amid legal battles

Where Miami’s top developers are placing bets outside the city

