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The Hidden Tax Perks of Florida Real Estate
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Not all states are equal when it comes to real estate taxes. In fact, some states are far more advantageous than others. Florida is one state in the union that has some great tax benefits for real estate owners. However, many people are completely unaware of these tax benefits. Therefore, they remain “hidden” to most people.
In this video, tax expert Karlton Dennis breaks down all of the most important benefits of owning real estate in the state of Florida. These benefits help to make it much more compelling to be a property owner in the state of Florida versus dozens of other states in the country that do not provide the same benefits.
Importantly, there are tax benefits for both primary residence owners and investment property owners in the Sunshine State. So, whether you are thinking about buying a primary residence in Florida or investing in a rental property in this state, you could be eligible for some amazing tax benefits that make it more worthwhile to buy property here.
CHAPTERS:
0:00 Intro
0:23 #1: No State Income Tax
1:12 #2: The Homestead Exemption
2:15 #3: The Save Our Homes (SOH) Cap
4:09 #4: Property Tax Benefits for the Disabled
5:07 #5: No Florida Estate Taxes
6:15 Other Reasons Why Florida Is a Great Place to Own Real Estate
7:20 Subscriber Question!
8:33 Outro
*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.
#floridarealestate #propertyinvestment #realestatetaxtips
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