✉news BusinessReal Estate first seen 7 h ago, last 48 min ago, peak #16
Florida weighs scrapping property taxes, billing foreign owners
Original: Florida weighs ditching property taxes and sticking Canadians with the bill
Florida is weighing a proposal to eliminate property taxes, with officials suggesting that lost revenue could be recovered from foreign property owners, including Canadians who own large numbers of homes in the state. Canadian media are covering the plan, since it could raise carrying costs for Canadian snowbirds and investors holding Florida real estate.
Why now: The proposal could significantly raise costs for the many Canadians who own Florida property, prompting attention on both sides of the border.
FloridaCanadaFlorida Legislature
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