'In Florida, Homeowners Come for the Weather and Stay for the Tax Relief'

Come on down!

From the Wall Street Journal:

There’s a way for rich homeowners to potentially shave tens of thousands of dollars from their tax bills. They can get that same savings the next year and the following years as well. They can cut their taxes even further after they die. What’s the secret?

Moving to Florida, a state with no income tax or estate tax.

Hey, not just “rich” homeowners. Our property tax bill this year for our Northbrook townhouse was more than $10,000. If I lived in Chicago, it would have been higher.
Guess where a lot of those Florida emigres are coming from?
Via the Wall Street Journal

Via the Wall Street Journal



My historical novel: Madness: The War of 1812

Want to subscribe to the Barbershop? Type your email address in the box and click the “create subscription” button. My list is completely spam free, and you can opt out at any time.

Filed under: Taxes

Tags: Florida, property taxes

Leave a comment